Title 29 — Insurance and Insurance Companies
6 chapters · 124 sections in this title.
A.S.C.A. § 29.1001 Commissioner responsible for regulation
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The responsibility for the regulation of general insurance brokers and the insurers they do business with shall be with the Insurance Commissioner. The Commissioner may delegate this responsibility, or any portion thereof, to his deputies, assistants and other personnel as may be…
A.S.C.A. § 29.1002 Authority of Commissioner
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The Insurance Commissioner shall have the authority to adopt rules as he considers necessary and appropriate to: (1) interpret this chapter; (2) regulate general insurance brokers and the insurers they do business with; and (3) protect the public from all potential harm and abuse…
A.S.C.A. § 29.1003 Qualifications of brokers
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(a) Every applicant for a certificate of authority as a general insurance broker shall be required to submit the following with the Insurance Commissioner: (1) a copy of its charter, articles of association, articles of incorporation, partnership agree-ment, or other controlling …
A.S.C.A. § 29.1004 Fees
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The fee schedule set forth in 29.0320, or any successor section, shall be applicable to general insurance brokers. History: 1978, PL, 15-79 § 2.
A.S.C.A. § 29.1005 Term of certificate
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Certificates of authority expire on 1 June each year unless revoked or withdrawn or unless an application for renewal has been filed and a final decision is pending. History: 1978, PL, 15-79 § 2.
A.S.C.A. § 29.1006 Revocation of certificate
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The Commissioner may revoke a certificate of authority if in his opinion: (1) the general insurance broker no longer meets the requirements for the authority; (2) the general insurance broker knowingly exceeds its charter powers or powers granted under its certificate of authorit…
A.S.C.A. § 29.1007 Withdrawal from American Samoa
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A general insurance broker desiring to withdraw from American Samoa may do so by ap-plying to the Commissioner for an order granting permission to withdraw. The application shall be accompanied by an affidavit of its principal officer and general agent that: (1) it desires to wit…
A.S.C.A. § 29.1008 Permission to withdraw
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If within 1 week from the last publication as specified in paragraph (3) of 29.1007, the Commissioner does not find that any person has given good and sufficient cause why an order permitting withdrawal should not be entered, he shall order permission to withdraw, and the withdra…
A.S.C.A. § 29.1009 Applications for renewal-Payment of fees
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Applications for renewal and the payment of continuance fees are to be submitted on or before 1 April of each year. If there has been no change in the information required for the previous year, the application may consist of a verified statement by the principal officer to that …
A.S.C.A. § 29.1010 Hearings-Judicial review
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Persons adversely affected by a final order of the Commissioner may request a hearing under the Administrative Procedure Act, 4.1001 et seq. Judicial review of orders must also be in accordance with the Administrative Procedure Act. History: 1978, PL, 15-79 § 2.
A.S.C.A. § 29.1011 Violation-Penalty
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A person acting as, or holding himself out to be a certified general insurance broker, who in fact is not, or who otherwise violates any provision of this chapter, is guilty of a class B mis-demeanor, and shall upon conviction be sentenced accordingly. History: 1978, PL, 15-79 § …