Insurance Regulation
Under New York law, to whom may the superintendent issue an insurance consultant's license?
Answer and explanation
Answer: D. Section 2107 lets the superintendent license a person, firm, association or corporation as a consultant for life or for general insurance. The section is not limited to individuals, to residents, or to corporations, and it does not require the members to hold broker licences.Source: N.Y. Ins. Law § 2107 — § 2107
More insurance regulation questions
- Under section 2102(f), what must a New York licensee do before conducting business under an assumed name?
- What conduct does section 2604 prohibit with respect to another insurer?
- What controlled business limit does New York apply to a producer's license?
- What does New York's definition of negotiate cover?
- What does section 2119 require before a licensee may take compensation by fee, rather than commission, for evaluating a policy?
- What does section 307 additionally require a licensed insurer to file for solvency oversight?
621 New York questions like this one.
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