Pennsylvania Code
Title 31 - INSURANCE
Part I - General Provisions
Subpart C - Agents and Brokers
Chapter 37 - AGENT CERTIFICATES OF QUALIFICATION AND BROKER LICENSES
RESPONSIBILITIES OF INSURANCE ENTITIES
Section 37.62 - Certification of appointments by entities
Universal Citation: 31 PA Code ยง 37.62
Current through Register Vol. 54, No. 44, November 2, 2024
(a) Entities authorized by law to transact business within this Commonwealth shall, upon request by the Department, certify in a reasonable period of time to the Department the names of agents appointed by them to solicit insurance in this Commonwealth, as required by section 605(c) of the act (40 P. S. § 235(c)).
(b) The following inquiries and certifications are required:
(1) Entities
shall, prior to appointing or reappointing an agent, make reasonable inquiry
to:
(i) Determine whether the agent could be
disqualified from obtaining a new or renewal certificate under §
37.46(2), (3), (5) or
(7) (relating to standards for denial of
certificate/license).
(ii) Verify
employment history, references, current residence, and, depending upon
information gleaned from the inquiry, determine whether the facts and
circumstances mandate additional investigation or verification of an agent's
background and responses.
(2) Each entity, when requesting renewals of
agent appointments, shall:
(i) Certify to the
Department the names of the agents appointed by the entities to solicit
insurance in this Commonwealth.
(ii) Certify with regard to agents appointed
by the entity in this Commonwealth that the entity has no knowledge of
information or conduct, as cited in paragraph (1) falling within the purview of
§ 37.46(2), (3), (5) or (7).
(iii) Pay renewal fees. See §
37.72 (relating to certificate,
license and appointment fees).
This section cited in 31 Pa. Code § 37.61 (relating to appointments and termination by entity).
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