The number of days from the date of agency contract is executed or the
first insurance application is submitted that the appointing insurer must file,
in an approved format, a notice of appointment
, Any insurer who pays commissions for policies written on risks in MS by a person,
firm, or corp. that is not licensed in MS is subject to what penalties?
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$5,000 fine and the revocation of authority
180 Days
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The commissioner may issue a temporary license for 180 days without an
exam if deemed necessary.
What is the saying about hiring and firing?
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15 hired-----> 30 fired
30 Days (3 Things)
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- A producer must tell the commissioner of any legal or administrative
action being taken against him
-Notify the commissioner of any terminated business
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