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garik1379 [7]
3 years ago
13

An insurance producer wishing to do business under any name other than their legal name must notify the Commissioner:

Business
1 answer:
Fiesta28 [93]3 years ago
7 0

Answer:

prior to using the <u>Assumed names</u>

Explanation:

An insurance producer must get himself or his organization registered before doing any business of insurance.

For this there are certain rules as related to the names of such business.

There is the requirement to follow the rules and regulations.

If some person does this business not in his name, and uses some other assumed name, that is any kind of "insurance" word is used for example, "Life Insurance Co." then the person is required to take a prior permission from the commissioner.

This is to ensure that the name shall not be registered with some other organization.

Thus, no assumed names to be used, before prior permission is received from the commissioner.

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In response to a shortage caused by the imposition of a binding price ceiling on a market,
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2 years ago
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C refusing to share information
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3 years ago
Check Laura won $5,000,000 in the state lottery, which she has elected to receive at the end of each month over the next 30 year
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