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ROBERT L. EHRLICH, JR., Governor S.B. 463
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(8) a salaried, full-time employee who counsels or advises the employee's
employer relative to the insurance interests of the employer or of the subsidiaries or
business affiliates of the employer, provided that the employee does not sell or solicit
insurance or receive a commission; OR
(9) AN EMPLOYEE OR OFFICER OF AN AUTHORIZED TITLE INSURER.
(e) Except as otherwise provided in this article, before a person acts as an
insurance producer in the State, the person must obtain:
(1) a license in the kind or subdivision of insurance for which the person
intends to act as an insurance producer; and
(2) if acting for an insurer, an appointment from the insurer.
(d) (1) Except as otherwise provided in this subsection, an insurance
producer may not sell, solicit, or negotiate any insurance on behalf of an insurer for
which the insurance producer does not have an appointment.
(2) Without an appointment, an insurance producer may:
(i) submit to an insurer an informal inquiry for any kind of life
insurance, health insurance, or annuity for which the insurance producer has a
license if the insurer has a certificate of authority for the kind of insurance about
which the inquiry is made; and
(ii) solicit an application for any kind of life insurance, health
insurance, or annuity for which the insurance producer has a license if the insurer to
which the application is submitted has a certificate of authority for the kind of
insurance requested in the application.
(3) WITHOUT AN APPOINTMENT, A LICENSED TITLE INSURANCE
PRODUCER ACTING ON BEHALF OF ANOTHER LICENSED AND APPOINTED TITLE
INSURANCE PRODUCER MAY PROVIDE ESCROW, CLOSING, OR SETTLEMENT
SERVICES THAT RESULT IN THE ISSUANCE OF A TITLE INSURANCE CONTRACT.
10-118.
(a) In this section, "producer register" means a register of appointed insurance
producers who are authorised to sell, solicit, or negotiate contracts of insurance on
behalf of an insurer.
(b) (1) An insurer authorised to transact the business of insurance in the
State shall maintain a producer register.
(2) Within 30 days of the insurer appointing an insurance producer, the
insurer shall include the following information in the insurer's producer register:
(i) the insurance producer's name;
(ii) the license number assigned to the insurance producer by the
Commissioner;
(iii) the date that the insurer appointed the insurance producer; and
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