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Connecticut · Through Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)

Conn. Gen. Stat. § 38a-90b: Licensing of managing general agents.

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Where this section sits in the code
  1. TITLE 38a. INSURANCE
  2. CHAPTER 698. INSURERS
  3. PART IIa. MANAGING GENERAL AGENTS AND CONTROLLED INSURERS. CAPTIVE INSURANCE COMPANIES

(a) No person, firm, association or corporation shall act in the capacity of a managing general agent with respect to risks located in this state for an insurer licensed in this state unless such person is licensed as a producer and holds an appointment by the insurer in this state.

(b) No person, firm, association or corporation shall act in the capacity of a managing general agent representing an insurer domiciled in this state with respect to risks located outside this state unless such person is licensed as a producer and holds an appointment by the insurer in this state. A nonresident license is sufficient for this purpose.

(c) The commissioner may require a bond in a reasonable amount for the protection of the insurer.

(d) The commissioner may require the managing general agent to maintain an errors and omissions policy.

Collected 2026-09-06T19:07:12Z. Source file · JSON

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