626.7455 Managing general agent; responsibility of insurer.—
(1) No insurer shall enter into an agreement with any person to manage the business written in this state by the general lines agents appointed by the insurer or appointed by the managing general agent on behalf of the insurer unless the person is properly licensed and appointed as a managing general agent in this state. An insurer shall be responsible for the acts of its managing general agent when the agent acts within the scope of his or her authority.
(2) This section does not apply to surplus lines insurance when written pursuant to the Surplus Lines Law, ss. 626.913-626.937.
History.—s. 27, ch. 2002-206.
Section: Previous 626.743 626.744 626.745 626.7451 626.7452 626.7453 626.7454 626.7455 626.748 626.749 626.7491 626.7492 626.752 626.753 626.754 NextLast modified: September 23, 2016