The acts of the MGA are considered to be the acts of the insurer on whose behalf it is acting. A MGA may be examined pursuant to the insurance statutes and regulations as if it were the insurer.
Idaho Code § 41-1506
Examination authority
Known as the Managing General Agents Act
The act spans §§ 41–41 (7 sections).
I.C., § 41-1506, as added by 1991, ch. 293, § 1, p. 754.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.