District of Columbia Code
Subchapter II - Powers and Duties of the Commissioner
§ 31–2502.19. Exclusive agency contracts of domestic companies

No domestic company authorized to do an insurance business in the District shall have or make any contract with any person whereby such person is granted the exclusive right or privilege to solicit, procure, write, produce, or manage the entire insurance business of such company, or to collect premiums therefor, unless such contract is filed with and approved in writing by the Commissioner. The Commissioner shall not approve any such contract which:
(1) Subjects the company to excessive charges for expenses or commissions; or
(2) Gives to such person the right to manage any of the affairs of such company or the exclusive right to solicit, procure, write, or produce the entire insurance business for such company, or to collect the premiums therefor for such unreasonable period as may jeopardize the interests or security of the company’s policyholders.
(Oct. 9, 1940, 54 Stat. 1073, ch. 792, ch. II, § 19; May 21, 1997, D.C. Law 11-268, § 10(r)(2), 44 DCR 1730.)
1981 Ed., § 35-1522.
1973 Ed., § 35-1322.
Department of Insurance abolished: See Historical and Statutory Notes following § 31-2501.03.

Structure District of Columbia Code

District of Columbia Code

Title 31 - Insurance and Securities

Chapter 25 - Fire, Casualty, and Marine Insurance

Subchapter II - Powers and Duties of the Commissioner

§ 31–2502.01. Records of Commissioner; rules and regulations

§ 31–2502.02. Certificate of authority to do business — Issuance or renewal

§ 31–2502.03. Certificate of authority to do business — Revocation or suspension

§ 31–2502.04. Cessation of business

§ 31–2502.05. Receivership proceedings. [Repealed]

§ 31–2502.06. Receivership proceedings; insolvency; impairment. [Repealed]

§ 31–2502.07. Receivership proceedings; insolvency; impairment. [Repealed]

§ 31–2502.08. Required annual financial statements. [Repealed]

§ 31–2502.09. Making or publishing material false statements

§ 31–2502.10. Examinations by Superintendent; violations; acceptance of reports in lieu of examinations. [Repealed]

§ 31–2502.11. Kinds of insurance authorized

§ 31–2502.12. Limitations on exposure to risks or hazards

§ 31–2502.13. Minimum capital and surplus requirements

§ 31–2502.14. Applicability of provisions to existing companies

§ 31–2502.15. Formation of domestic companies

§ 31–2502.16. Acquisition, use and disposition of real estate by domestic companies. [Repealed]

§ 31–2502.17. Power of domestic mutual companies to borrow or assume liability

§ 31–2502.18. Investment of funds by domestic companies. [Repealed]

§ 31–2502.19. Exclusive agency contracts of domestic companies

§ 31–2502.20. Authority to transact business — Foreign or alien companies

§ 31–2502.20a. Authority to transact business — Lloyd’s organizations

§ 31–2502.21. Procurement of certificate of authority by foreign or alien companies — Application forms

§ 31–2502.22. Procurement of certificate of authority by foreign or alien companies — Delivery of certain documents to Commissioner; required showings; authorized examinations

§ 31–2502.23. Service of process upon foreign or alien companies. [Repealed]

§ 31–2502.24. Names or designations used by mutual companies and reciprocal or interinsurance exchanges

§ 31–2502.25. Premiums of mutual companies

§ 31–2502.26. Company reserves. [Repealed]

§ 31–2502.26a. Actuarial opinion of reserves

§ 31–2502.26b. Confidentiality of actuarial opinions, summaries, reports, and workpapers

§ 31–2502.27. Filing and approval of policy forms

§ 31–2502.28. Rate and form filing requirements for accident and health policies

§ 31–2502.28a. Flood insurance notice requirements for the provision of homeowner’s and renter’s insurance

§ 31–2502.28b. Sewer-line backup insurance notice requirements for the provision of homeowner’s and renter’s insurance

§ 31–2502.29. Discriminations prohibited

§ 31–2502.30. Powers of agents, salaried employees and brokers. [Repealed]

§ 31–2502.31. Compensation of unlicensed persons prohibited

§ 31–2502.32. Procedure for obtaining licenses [Repealed]

§ 31–2502.33. Effective dates [Repealed]

§ 31–2502.34. Temporary transfer of licenses [Repealed]

§ 31–2502.35. Renewal of licenses [Repealed]

§ 31–2502.36. Revocation and suspension of licenses [Repealed]

§ 31–2502.37. Unauthorized solicitation or representation [Repealed]

§ 31–2502.38. Exceptions to licensing provisions

§ 31–2502.39. Persons not to act for unauthorized companies

§ 31–2502.40. License to procure policies from unauthorized companies

§ 31–2502.41. License fees

§ 31–2502.42. Violations of provisions

§ 31–2502.43. Appeals from Commissioner to Mayor [Repealed]

§ 31–2502.44. Court proceedings [Repealed]

§ 31–2502.45. Severability [Repealed]