Maine § 24-A §2101 Representing or aiding unauthorized insurer prohibited

Maine Statutes

§ 24-A §2101 — Representing or aiding unauthorized insurer prohibited

Maine·Title 24-A MAINE INSURANCE CODE·Ch. 21 UNAUTHORIZED INSURERS -- PROHIBITIONS, PROCESS AND ADVERTISING

1.No person shall in this State directly or indirectly act as agent for, or otherwise represent or aid on behalf of another, any insurer not then authorized to transact such business in this State, in the solicitation, negotiation, procurement or effectuation of insurance or annuity contracts, or renewal thereof, or forwarding of applications for insurance or annuities, or the dissemination of information as to coverage or rates, or inspection of risks, or fixing of rates, or investigation or adjustment of claims or losses, or collection or forwarding of premiums, or in any other manner represent or assist such an insurer in the transaction of insurance with respect to subjects of insurance resident, located or to be performed in this State.

2.This section does not apply to:

3.If the su

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1.
No person shall in this State directly or indirectly act as agent for, or otherwise represent or aid on behalf of another, any insurer not then authorized to transact such business in this State, in the solicitation, negotiation, procurement or effectuation of insurance or annuity contracts, or renewal thereof, or forwarding of applications for insurance or annuities, or the dissemination of information as to coverage or rates, or inspection of risks, or fixing of rates, or investigation or adjustment of claims or losses, or collection or forwarding of premiums, or in any other manner represent or assist such an insurer in the transaction of insurance with respect to subjects of insurance resident, located or to be performed in this State.
2.
This section does not apply to:
3.
If the superintendent has reason to believe that any insurer or other person is acting in violation of this section or section 404, the superintendent shall commence proceedings in accordance with sections 12‑A and 404. Section 2105 applies to all process, notices and statements of charges to be served on the unauthorized insurer or insurers.

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Legislative History

PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). PL 1973, c. 625, §141 (AMD). PL 1991, c. 298, §6 (AMD). PL 2011, c. 331, §§6, 7 (AMD). PL 2011, c. 331, §§16, 17 (AFF). RR 2021, c. 1, Pt. B, §201 (COR).