Maine Revised Statutes
Chapter 51: DOMESTIC MUTUAL ASSESSMENT INSURERS
24-A §3627. Agents; liability

§3627. Agents; liability
Any person who solicits insurance on behalf of any insurer or transmits for a person other than the person soliciting the insurance an application for, or a policy of, insurance to or from such insurer, or in any manner acts in the negotiation of such insurance, or in the inspection or valuation of the property insured must be deemed the agent of the insurer, and except as otherwise provided, is liable to all the duties, requirements, liabilities and penalties to which an agent of any insurer is subject.   [RR 2021, c. 1, Pt. B, §311 (COR).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW). RR 2021, c. 1, Pt. B, §311 (COR).

Structure Maine Revised Statutes

Maine Revised Statutes

TITLE 24-A: MAINE INSURANCE CODE

Chapter 51: DOMESTIC MUTUAL ASSESSMENT INSURERS

24-A §3601. Scope of chapter

24-A §3602. Chapter exclusive

24-A §3603. Mutual assessment plans; definitions

24-A §3604. Insuring powers; reinsurance

24-A §3605. Formation of new assessment plan insurers

24-A §3606. Certificate of authority required

24-A §3607. Capital funds required; existing insurers

24-A §3608. Capital funds required; new mutual assessment insurers

24-A §3609. New assessment plan insurers; conversion

24-A §3610. Guaranty capital shares; dividends, investment, deposit, voting rights

24-A §3611. Guaranty capital shares; increase of paid-in capital

24-A §3612. Guaranty capital shares; deficiency and assessment

24-A §3613. Guaranty capital shares; retirement

24-A §3614. Notice of contingent liability; reduction

24-A §3615. Delivery, acceptance of policy

24-A §3616. Assessment; remedy if not paid

24-A §3617. Assessment -- court review; adjustment of claims where no assessment made

24-A §3618. -- order of notice to parties interested, and proceedings

24-A §3619. Proceedings before master or auditor

24-A §3620. -- when assessment final; costs; control of funds and payment of assessments

24-A §3621. -- assessment not sufficient; collection stayed by court

24-A §3622. Nonassessable policies; assessable, nonassessable liability

24-A §3623. Limit of risk

24-A §3624. Unearned premium reserve

24-A §3625. Directors' residence, compensation

24-A §3626. Annual statement by directors

24-A §3627. Agents; liability

24-A §3628. Agents -- licensing

24-A §3629. Other provisions applicable