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S.B. 463 VETOES
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(iii) the officer, director, or employee is acting in the capacity of a
special agent or agency supervisor assisting insurance producers where the
individuals activities are limited to providing technical advice and assistance to
licensed insurance producers and do not include the sale, solicitation, or negotiation
of insurance;
(3) an individual who performs administrative services related to mass
marketed property and casualty insurance, provided that no commission is paid to the
individual for the services;
(4) an employer, association, the officers, directors, and employees of an
employer or association, or the trustees of an employee trust plan if:
(i) the employer, association, officers, directors, and employees, or
trustees are engaged in the administration or operation of a program of employee
benefits for the employer's or association's own employees or the employees of its
subsidiaries or affiliates;
(ii) the program involves the use of insurance issued by an insurer;
and
(iii) the employer, association, officers, directors, and employees, or
trustees are not in any manner compensated, directly or indirectly, by the insurer
issuing the contracts;
(5) an employee of an insurer or organization employed by an insurer
who is:
(i) engaged in the inspection, rating, or classification of risks or in
the supervision of the training of insurance producers; and
(ii) not individually engaged in the sale, solicitation, or negotiation
of insurance;
(6) a person whose activities in the State are limited to advertising
without the intent to solicit insurance in the State through communications in
printed publications or other forms of electronic mass media if:
(i) the distribution of the printed publications or other forms of
electronic mass media is not limited to residents of the State; and
(ii) the person does not sell, solicit, or negotiate insurance that
would insure risks residing, located, or to be performed in the State;
(7) a person who is not a resident of the State who sells, solicits, or
negotiates a contract of insurance for commercial property and casualty risks to an
insured with risks located in more than one state insured under the contract if;
(i) the person is otherwise licensed as an insurance producer to
sell, solicit, or negotiate that insurance in the state where the insured maintains its
principal place of business; and
(ii) the contract insures risks located in that state; [or]
- 3126 -
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