This RSA section is an unofficial mirror, is not legal advice, and may be incomplete, outdated, or incorrectly processed.
RSA 402-J:14 · Appointments and Authority
402-J:14 Appointments and Authority. –
Copy linkAn insurance producer shall not act as an agent of an insurer unless the insurance producer becomes an appointed agent of that insurer. An insurance producer who is not acting as an agent of an insurer is not required to become appointed.
Copy linkTo appoint a producer as its agent, the appointing insurer shall file, in a format approved by the commissioner, a notice of appointment within 15 days from the date the agency contract is executed or the first insurance application is submitted. An insurer may also elect to appoint a producer to all or some insurers within the insurer's holding company system or group by the filing of a single appointment request.
Copy linkAn insurer shall pay an appointment fee, in the amount and method of payment set forth in RSA 400-A:29 for each insurance producer appointed by the insurer.
Copy linkWhile such producer's appointment remains in force, an insurer shall be bound by the acts of the person named therein within his or her apparent authority as its acknowledged producer.
Copy linkNo such company shall issue a policy or other evidence of insurance through an unlicensed producer or other unlicensed person. Any violation of this provision shall, after hearing, subject the insurer to an administrative fine, pursuant to RSA 400-A:15, III, and, upon repeated violations, the commissioner may suspend or revoke the license of the company. Source. 2000, 315:1. 2001, 95:1. 2003, 144:5, eff. Jan. 1, 2004.
Copy linkSource note
Source. 2000, 315:1. 2001, 95:1. 2003, 144:5, eff. Jan. 1, 2004.
Source history
- 2000, 315:1
- 2001, 95:1
- 2003, 144:5, eff. Jan. 1, 2004
Related materials
Bill relationships
-
2026 HB1491
related · effective 2029-07-01
?RSA 400-A:17 through RSA 400-A:24, relative to hearings and appeals; (c) ? RSA 400-A:37, relative to examinations; (d) ?RSA 402-B, relative to insurance claims adjusters; (e) ?RSA 402-J, relative to producer licensing; (f) ?RSA 417:1 through 417:31, relative to unfair trade practices and fraud investigations; and (g) RSA 420-G:11, II, II-a, and IV, relative to the submission of claims data to the de
-
2026 SB614
related · effective 2027-07-01
gs and appeals; (c) RSA 400-A:37, relative to examinations; (d) RSA 402-B relative to insurance claims adjusters; (e) RSA 402-H relative to third-party administrators; (f) RSA 402-J, relative to producer licensing; and (g) RSA 417:1 through 417:31 relative to unfair trade practices and fraud investigations. IV. This section does not apply to or provide exemptions for insurance companies issuing
-
2026 SB614-FN
related · effective 2027-07-01
gs and appeals; (c) RSA 400-A:37, relative to examinations; (d) RSA 402-B relative to insurance claims adjusters; (e) RSA 402-H relative to third-party administrators; (f) RSA 402-J, relative to producer licensing; and (g) RSA 417:1 through 417:31 relative to unfair trade practices and fraud investigations. IV. This section does not apply to or provide exemptions for insurance companies issuing