Missouri Code of State Regulations
Title 20 - DEPARTMENT OF COMMERCE AND INSURANCE
Division 200 - Insurance Solvency and Company Regulation
Chapter 10 - Managing General Agent (MGA)
Section 20 CSR 200-10.600 - On-Site Review
Universal Citation: 20 MO Code of State Regs 200-10.600
Current through Register Vol. 49, No. 6, March 15, 2024
PURPOSE: This rule implements and administers sections 375.147-375.153, RSMo, with regard to more clearly defining the requirement that an insurer "shall periodically conduct an on-site review" of its managing general agents under section 375.150(3), RSMo.
The requirement in section 375.150(3), RSMo that "the insurer shall periodically conduct an on-site review of the underwriting and claims processing operations of the managing general agent" will be deemed satisfied only if that review is conducted at least semi-annually.
*Original authority: 374.045, RSMo 1967 and 375.153, RSMo 1990.
Disclaimer: These regulations may not be the most recent version. Missouri may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
