Current with changes from the 2024 Legislative Session
Section 4-203 - Acting as insurance producer for unauthorized insurer prohibited(a) This section does not apply to: (1) acceptance of service of process;(2) surplus lines insurance;(3) a transaction for which a certificate of authority is not required under § 4-101(b) of this title;(4) reinsurance, as authorized under Title 5, Subtitle 9 of this article;(5) an adjuster while providing services with respect to a claim under a policy lawfully solicited, issued, and delivered outside of the State; or(6) the professional services of an attorney at law.(b) With respect to a subject of insurance resident, located, or to be performed in the State, a person may not in the State directly or indirectly act as an insurance producer for, or otherwise represent or help on behalf of another, an unauthorized insurer to: (1) solicit, negotiate, or effect insurance or an annuity contract;(4) investigate or adjust losses;(6) transact insurance business in any other manner.