La. Admin. Code tit. 37 § XI-1915
Current through Register Vol. 50, No. 11, November 20, 2024
Section XI-1915 - Penalty for Non-ComplianceA. Any legal expense insurer, as defined herein, and that is not subject to the "Exemptions" in §1907 of these rules and who does not hold a current and valid certificate of authority to do business in this state is in violation of R.S. 22:7(A) and the commissioner shall take the necessary steps to enforce those provisions of law. Further, any person who solicits, negotiates, or issues a contract of insurance that affords legal expense insurance coverage as an agent of a legal expense insurer and who does not hold a proper and valid license as an agent shall be subject to the provisions of R.S. 22:1175 and the commissioner shall take the necessary steps to enforce these provisions of the law.La. Admin. Code tit. 37, § XI-1915
Promulgated by the Department of Insurance, Commissioner of Insurance, LR 8:235 (May 1982).AUTHORITY NOTE: Promulgated in accordance with R.S. 22:2.