{"data":{"id":"us-me/24-a-m.r.s.-746","jurisdiction":"us-me","citation":"24-A M.R.S. §746","heading":"Duties of insurers utilizing the services of a reinsurance intermediary-broker","body":"1.  License requirements.  An insurer may not engage the services of any person to act as a reinsurance intermediary-broker on the insurer's behalf unless that person is licensed as required by this subchapter.\n2.  Status of intermediary-broker.  An insurer may not employ an individual who is employed by a reinsurance intermediary-broker with which the insurer transacts business, unless such reinsurance intermediary-broker is under common control with the insurer and subject to section 222.\n3.  Financial statements.  The insurer shall annually obtain a copy of statements of current origin of the financial condition of each reinsurance intermediary-broker with which the insurer transacts business.  These statements must be certified reports or reviews performed by a certified public accountant.","path":["TITLE 24-A: MAINE INSURANCE CODE","CHAPTER 9: KINDS OF INSURANCE; LIMITS OF RISK; REINSURANCE","SUBCHAPTER 4: REINSURANCE INTERMEDIARIES"],"source_url":"https://legislature.maine.gov/statutes/24-A/title24-Asec746.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:33Z","sha256":"7c366305401d33e507e557c234f7e0e5b15aeebca396744f5b56b30eb090bc20","source_id":"us-me","stale":false,"prev":"us-me/24-a-m.r.s.-745","next":"us-me/24-a-m.r.s.-747"},"notice":"GroundRules: Original legal text. Not legal advice."}