RCW 48.05.310
General agents,
managers -- Appointment -- Powers -- Licensing. (Effective until July
1, 2009.)
(1) An insurer appointing any person as its general
agent or manager to represent it as such in this state shall file
notice of the appointment with the commissioner on forms
prescribed and furnished by the commissioner.
(2) Any such general agent or manager shall have such
authority, consistent with this code, as may be conferred by the
insurer. A general agent resident in this state and licensed, as
in this section provided, may exercise the powers conferred by
this code upon agents licensed for the kinds of insurance which
the general agent is authorized to transact for the insurer so
appointing him.
(3) Any such general agent may accept applications for
insurance from licensed agents who are not appointed by the
insurer of such general agent where the risk involved is placed
in a nonstandard or specialty market of an authorized insurer as
defined by regulation of the commissioner. Such nonstandard or
specialty business shall not be bound by any agent not appointed
by the insurer. A general agent may supply such licensed,
nonappointed agent with material to write nonstandard or
specialty insurance business including, but not limited to,
applications for insurance, underwriting criteria, and rates. A
general agent shall not provide any licensed, nonappointed agent
with indicia of authority to bind an insurance risk and the
general agent and nonappointed agent shall provide written
disclaimers of binding authority to an applicant or prospective
insured in such form as prescribed by the commissioner.
(4) The appointment of a resident general agent shall not be
effective unless the person so appointed is licensed as the
general agent of such insurer by the commissioner upon
application and payment of the fee therefor as provided in RCW 48.14.010.
(5) A general agent's license and its renewal shall be in
accordance with chapter 48.17 RCW as applicable to agents and
brokers.
(6) The commissioner may deny, suspend, or revoke any such
license for any cause specified in RCW 48.17.530 and in the
manner provided in RCW 48.17.540.
[1995 c 338 § 1; 1982 c 181 § 17; 1947 c 79 § .05.31; Rem. Supp. 1947 § 45.05.31.]
NOTES:
Severability -- 1982 c 181: See note following RCW 48.03.010.