Current through Register Vol. 54, No. 24, June 15, 2024
Section 37.22 - Waiver of examination for resident agentsA resident agent who applies for a certificate may be exempt from taking the written examination in one or more of the following circumstances:
(1) Applicants for a certificate who, within 2 years from the date of termination of their last certificate, apply for a certificate for the same line of authority for which they were previously licensed or certified.(2) Applicants for a certificate with life authority who have received the degree of CLU.(3) Applicants for a certificate with property or casualty authority who have received the degree of CPCU.(4) Applicants for a certificate with an accident and health authority who have received either the degree of CLU or CPCU.(5) Applicants for a certificate with either a life, accident and health, or property and casualty authority who have received the designation of CIC from the Society of Certified Insurance Counselors.(6) Applicants for a certificate granting restricted authority to resident company employes for countersignature only as provided for in § 37.39(a)(1)(ii)(C) (relating to lines of authority) and other home office or branch office underwriters of entities who, in representing their principal, may perform one or more of the acts of an agent, as described in section 601 of the act (40 P. S. § 231). These applicants for certificates shall be appointed by their entities only upon a minimum of 5 years experience with the appointing entity. The authority in the appointment and certificate shall be subject to a specific prohibition against the solicitation of insurance by the agents for their personal account. The agents shall qualify by examination when they seek an appointment and certificate permitting personal solicitation.(7) Applicants for certificates whose appointments will be limited to domestic mutual fire insurance entities writing only coverage other than insurance upon automobiles as authorized by section 202(b)(1)-(3) of the Insurance Company Law of 1921 (40 P. S. § 382(b)(1)-(3)).(8) Applicants for a certificate with the restricted fraternal authority. This section cited in 31 Pa. Code § 37.21 (relating to examination requirement); and 31 Pa. Code § 37.31 (relating to general application requirements).