§ 24-A §9 — "Transacting insurance" defined

In addition to other aspects of insurance operations to which provisions of this Title by their terms apply, "transact" with respect to a business of insurance includes any of the following, whether by mail or any other means:
1.
Solicitation or inducement;
2.
Negotiations;
3.
Effectuation of a contract of insurance;
4.
Transaction of matters subsequent to effectuation and arising out of such a contract.

Legislative History

PL 1969, c. 132, §1 (NEW).