Title 17, Title 17: CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

17:22C-4. Bond required 4. The commissioner may require a bond in an amount acceptable to him for the protection of the insurer. L.1993,c.237,s.4.

17:22C-5. Errors, omissions policy 5. The commissioner may require the managing general agent to maintain an errors and omissions policy in a form and amount acceptable to the commissioner. L.1993,c.237,s.5.

17:22C-6. Contract requirements for managing general agents 6. No person, firm, association, or corporation acting in the capacity of a managing general agent shall place business with an insurer unless there is in force a written contract between the parties which sets forth the…

17:22C-7. Audit; loss reserve opinion, on-site procedural audit 7. a. The insurer shall conduct and have on file an independent audit in a form acceptable to the commissioner of each managing general agent with which it has done business. b. If a managing general agent establishe…

17:22C-8. Acts of managing general agent considered acts of insurer 8. The acts of the managing general agent are considered to be the acts of the insurer on whose behalf it is acting. A managing general agent may be examined as if it were the insurer. L.1993,c.237,s.8.

17:22C-9. Violations; penalties; summary proceedings 9. a. If the commissioner finds after notice and opportunity for a hearing that any person has violated any provision of this act, the commissioner may refuse to issue or renew the insurance producer's license, or may revoke or…