Reinsurance Intermediary Act

This act governs the licensing and oversight of the people and entities that sell, place, and administer insurance on behalf of insurers, including agents, consultants, managing general agents, and third-party administrators. It sets general qualifications for licensure along with prelicensing education and examination requirements, and establishes distinct licensing tracks for resident and nonresident individuals, business entities, and limited lines, together with rules on license contents, renewal, continuing education, and an insurer's appointment of its agents. It also makes insurers answerable for the acts of their agents and exempts specified persons and activities from the licensing requirements. One flag before you ship this: the section titles you supplied describe general insurance producer/intermediary licensing, not reinsurance intermediaries specifically — nothing in them mentions reinsurance, reinsurance brokers, or reinsurance managers. If the mapping from "Reinsurance Intermediary Act" to this subtitle is coming from an automated act→sections join, that join looks wrong for this state, and an overview generated from these titles will be accurate to the titles but mislabeled on the page.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.