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Session Laws, 1995
Volume 793, Page 877   View pdf image
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PARRIS N. GLENDENING, Governor                                   Ch. 36

(4)      REINSURANCE, AS AUTHORIZED UNDER TITLE 5, SUBTITLE 9 OF
THIS ARTICLE;

(5)      AN ADJUSTER WHILE PROVIDING SERVICES WITH RESPECT TO A
CLAIM UNDER A POLICY LAWFULLY SOLICITED, ISSUED, AND DELIVERED OUTSIDE
OF THE STATE; OR

(6)      THE PROFESSIONAL SERVICES OF AN ATTORNEY AT LAW.

(B) IN GENERAL.

WITH RESPECT TO A SUBJECT OF INSURANCE RESIDENT, LOCATED, OR TO BE
PERFORMED IN THE STATE, A PERSON MAY NOT IN THE STATE DIRECTLY OR
INDIRECTLY ACT AS AN AGENT FOR, OR OTHERWISE REPRESENT OR HELP ON
BEHALF OF ANOTHER, AN UNAUTHORIZED INSURER TO:

(1)      SOLICIT, NEGOTIATE, OR EFFECT INSURANCE OR AN ANNUITY
CONTRACT;

(2)      INSPECT RISKS;

(3)      FIX RATES;

(4)      INVESTIGATE OR ADJUST LOSSES;

(5)      COLLECT PREMIUMS; OR

(6)      TRANSACT INSURANCE BUSINESS IN ANY OTHER MANNER.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 201(a).

Defined terms: "Annuity contract" § 1-101
"Certificate of authority" § 1-101
"Insurance" § 1-101
"Insurance business" § 1-101
"Person" § 1-101
"Policy" § 1-101
"Premium" § 1-101
"Reinsurance" § 1-101
"Surplus lines insurance" § 1-101
"Unauthorized insurer" § 1-101

4-204. ADVERTISEMENTS OF UNAUTHORIZED INSURERS, AGENTS, AND OTHERS.

(A) CERTIFICATE REQUIRED FOR PUBLICATION OR BROADCAST.

(1) A PERSON MAY NOT ACCEPT FOR PUBLICATION OR PRINTING IN A
NEWSPAPER, MAGAZINE, OR OTHER PERIODICAL, OR FOR BROADCAST ON RADIO
OR TELEVISION IN THE STATE, AN ADVERTISEMENT OR OTHER NOTICE THAT
DIRECTLY OR INDIRECTLY SOLICITS BUSINESS FOR OR SETS FORTH THE
ADVANTAGES OF DOING BUSINESS WITH AN INSURER, AGENT, OR OTHER PERSON,
UNLESS THE PERSON THAT WILL PUBLISH OR BROADCAST THE ADVERTISEMENT OR

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Session Laws, 1995
Volume 793, Page 877   View pdf image
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