reglab/housing_qa huggingface dataset:
MA Gen L ch 175 § 162d (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162d - Expense Premium Commissions; Payment to Insurance Agents; Additional Compensation

Section 162D. Any insurer issuing or delivering in the commonwealth either motor vehicle policies or bonds, as defined in section thirty-four A and thirty-four O of chapter ninety, which do business in the commonwealth through independent licensed insurance agents pursuant to the so-called American Agency System or any other system, other than that of an employer to employee relationship and designated producers, under the plan for equitable apportionment among companies of premiums, losses or expenses, or any combination thereof, as provided under section one hundred and thirteen H, shall pay each agent the indicated expense premium commission as established by the commissioner in his opinion, findings and decision on automobile insurance rates as commission only, and no portion of the indicated expense premium commission shall be considered as profit sharing or expense reimbursement. The insurer shall be allowed a variation in the commission paid to each agent of not more than plus or minus ten per cent of the dollar commission established in the commissioner's findings; provided, however, the insurer shall be required to pay to its agents all of the commission dollars allowed in the rates as commissions. Nothing in this act shall prevent any insurer from paying any additional compensation in the form of commission overrides, bonuses, profit sharing benefits and expense reimbursements.
MA Gen L ch 175 § 162e (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162e - Motor Vehicle Insurance Made by Insurer Pursuant to American Agency System; Insurer Commission Arrangements

Section 162E. Any filing of rates for insurance to which chapter one hundred and seventy-five E is applicable which is made by an insurer doing business in this commonwealth through independent licensed insurance agents pursuant to the so-called American Agency System other than that of any employer to employee relationship and designated producers, shall specify the amount which such insurer shall pay to such agents as fair and reasonable expense premium commission for policies and bonds subject to such rates. Such insurer's commission arrangements shall guarantee that the total amount paid to all such agents under all such policies and bonds placed with the insurer during the period such rates are in effect shall, in the aggregate, total the amounts of commission applicable to all such policies and bonds. No portion of the expense premium commission shall be considered as profit sharing or expense reimbursement. The commissioner may require appropriate reports from such insurers in order to insure compliance with requirement. Nothing in this act shall prevent any insurer from paying compensation to its agents above that specified in its filing.  For private passenger automobile insurance policies and bonds effective during the four-year period commencing on the first day that rates for such insurance are regulated under chapter one hundred and seventy-five E following the effective date of this act, the amount paid in compliance with the requirements of the first paragraph of this section shall not be less than the dollars produced by utilization of the percentage of expense premium commission established by the commissioner in his opinion, findings and decision on private passenger automobile insurance rates to be charged immediately prior to such day. An insurer may vary the amount of commission paid to any agent by not more than plus or minus ten per cent provided the proper total dollars are paid.
MA Gen L ch 175 § 162f (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162f - Property or Casualty Insurance Information; Proprietary Rights of Agents and Brokers

Section 162F. A duly licensed agent or a duly licensed broker doing business pursuant to the so-called American agency system, other than that of an employer to employee relationship, shall own and have an exclusive right to use certain insurance information contained in insurance policies, certificates of insurance or a written memorandum of a preliminary contract of insurance issued by said agent or broker, embodying the records of an insurance agency which shall include but not be limited to the policy inception date, the amount of insurance coverage, the policy number, the name of the insurance company, the name of the insured, the amount of insurance premiums and the terms of insurance. Any bank, lending institution, mortgage company, or mortgagee, whether acting under state or federal authority, including but not limited to those banks as defined in section one of chapter one hundred and sixty-seven, or any loss payee who obtains said insurance information as evidence or proof of insurance shall be prohibited from using, selling, or transferring said insurance information to any third party for the purpose of marketing, underwriting, or soliciting insurance. The provisions of this section shall apply only to property and casualty insurance.
MA Gen L ch 175 § 162g (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162g - Licensing of Insurance Producers; Secs. 162h Through 162x Govern Qualifications and Procedures

Section 162G. Sections 162H to 162X, inclusive, shall govern the qualifications and procedures for the licensing of insurance producers.  Sections 162H to 162X, inclusive, do not apply to special insurance brokers licensed pursuant to section 168, except as provided in section 162N and subsection B of section 162U.
MA Gen L ch 175 § 162i (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162i - License Required to Sell, Solicit or Negotiate Insurance

Section 162I. A person shall not sell, solicit or negotiate insurance in the commonwealth for any class or classes of insurance unless the person is licensed for that line of authority in accordance with sections 162H to 162X, inclusive.
MA Gen L ch 175 § 162k (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162k - Insurance Producer License; Written Examination

Section 162K. (a) A resident individual applying for an insurance producer license shall pass a written examination unless exempt pursuant to section 162O. The examination shall test the knowledge of the individual concerning the lines of authority for which application is made, the duties and responsibilities of an insurance producer and the insurance laws and regulations of the commonwealth. Examinations required by this section shall be developed and conducted under rules and regulations prescribed by the commissioner.  (b) The commissioner may make arrangements, including contracting with an outside testing service, for administering examinations and collecting the nonrefundable fee determined or approved by the commissioner.  (c) Each individual applying for an examination shall remit a nonrefundable fee as prescribed by the commissioner.  (d) An individual who fails to appear for the examination as scheduled or fails to pass the examination, shall reapply for an examination and remit all required fees and forms before being rescheduled for another examination.
MA Gen L ch 175 § 162l (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162l - Insurance Producer License; Application; Requirements for Approval

Section 162L. (a) A person applying for a resident insurance producer license shall make application to the commissioner on the uniform application and declare under penalty of refusal, suspension or revocation of the license that the statements made in the application are true, correct and complete to the best of the individual's knowledge and belief. Before approving the application, the commissioner shall find that the individual:—  (1) is at least 18 years of age;  (2) has not committed any act that is a ground for denial, suspension or revocation set forth in section 162R;  (3) when required by the commissioner, has completed a prelicensing course of study for the lines of authority for which the person has applied;  (4) has paid the fees prescribed by section 14; and  (5) has successfully passed the examinations for the lines of authority for which the person has applied.  (b) A business entity acting as an insurance producer is required to obtain an insurance producer license. Application shall be made using the uniform business entity application. Before approving the application, the commissioner shall find that:—  (1) the business entity has paid the fees prescribed by section 14; and  (2) the business entity has designated a licensed producer responsible for the business entity's compliance with the insurance laws, rules and regulations of the commonwealth.  (c) The commissioner may require any documents reasonably necessary to verify the information contained in an application.  (d) Each insurer that sells, solicits or negotiates any form of limited line credit insurance shall provide to each individual whose duties will include selling, soliciting or negotiating limited line credit insurance a program of instruction that may be approved by the commissioner.
MA Gen L ch 175 § 162n (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162n - Insurance Producer License; Nonresident Producer Licenses

Section 162N. (a) Unless denied licensure pursuant to section 162R, a nonresident person shall receive a nonresident producer license if:—  (1) the person is currently licensed as a resident and in good standing in his home state;  (2) the person has submitted the proper request for licensure and has paid the fees prescribed by section 14;  (3) the person has submitted or transmitted to the commissioner the application for licensure that the person submitted to his home state, or in lieu of the same, a completed uniform application; and  (4) the person's home state awards nonresident producer licenses to residents of the commonwealth on the same basis.  (b) The commissioner may verify the producer's licensing status through the producer database maintained by the NAIC, its affiliates or subsidiaries.  (c) A nonresident producer who moves from 1 state to another state or a resident producer who moves from the commonwealth to another state shall file a change of address and provide certification from the new resident state within 30 days of the change of legal residence. No fee or license application is required.  (d) Notwithstanding any other provision of sections 162H to 162X, inclusive, a person licensed as a surplus lines producer in his home state shall receive a nonresident surplus lines producer license under subsection (a). Except as provided in said subsection (a), nothing in this section otherwise amends or supersedes any provision of section 168.  (e) Notwithstanding any other provision of sections 162H to 162X, inclusive, a person licensed as a limited line credit insurance or other type of limited lines producer in his home state shall receive a nonresident limited lines producer license, under subsection (a), granting the same scope of authority as granted under the license issued by the producer's home state. For the purposes of this subsection limited line insurance is any authority granted by the home state which restricts the authority of the license to less than the total authority prescribed in the associated major lines pursuant to clauses (1) to (5), inclusive, of subsection (a) of section 162M.
MA Gen L ch 175 § 162o (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162o - Insurance Producer License; Application by Individual Licensed as an Insurance Producer in Another State

Section 162O. (a) An individual who applies for an insurance producer license in the commonwealth who was previously licensed for the same lines of authority in another state shall not be required to complete any prelicensing education or examination. This exemption is only available if the person is currently licensed in that state or if the application is received within 90 days of the cancellation of the applicant's previous license and if the prior state issues a certification that, at the time of cancellation, the applicant was in good standing in that state or the state's producer database records, maintained by the NAIC, its affiliates or subsidiaries, indicate that the producer is or was licensed in good standing for the line of authority requested.  (b) A person licensed as an insurance producer in another state who moves to the commonwealth shall make application within 90 days of establishing legal residence to become a resident licensee under section 162L. No prelicensing education or examination shall be required of that person to obtain any line of authority previously held in the prior state except where the commissioner determines otherwise by regulation.
MA Gen L ch 175 § 162p (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162p - Insurance Producer Doing Business Under Assumed Name; Notice

Section 162P. An insurance producer doing business under any name other than the producer's legal name is required to notify the commissioner prior to using the assumed name.
MA Gen L ch 175 § 162q (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162q - Insurance Producer License; Temporary License

Section 162Q. (a) The commissioner may issue a temporary insurance producer license for a period not to exceed 180 days without requiring an examination if the commissioner determines that the temporary license is necessary for the servicing of an insurance business in the following cases:—  (1) to the surviving spouse or court appointed personal representative of a licensed insurance producer who dies or becomes mentally or physically disabled to allow adequate time for the sale of the insurance business owned by the producer or for the recovery or return of the producer to the business or to provide for the training and licensing of new personnel to operate the producer's business;  (2) to a member or employee of a business entity licensed as an insurance producer, upon the death or disability of an individual designated in the business entity application or the license;  (3) to the designee of a licensed insurance producer entering active service in the armed forces of the United States; or  (4) in any other circumstance where the commissioner deems that the public interest will best be served by the issuance of this license.  (b) The commissioner may by order limit the authority of any temporary licensee in any way considered necessary to protect insureds and the public. The commissioner may require the temporary licensee to have a suitable sponsor who is a licensed producer or insurer and who assumes responsibility for all acts of the temporary licensee and may impose other similar requirements designed to protect insureds and the public. The commissioner may by order revoke a temporary license if the interest of insureds or the public are endangered. A temporary license may not continue after the owner or the personal representative disposes of the business.
MA Gen L ch 175 § 162s (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162s - Insurance Producers Acting as Agents of Insurers; Appointment Procedures

Section 162S. (a) An insurance producer shall not act as an agent of an insurer unless the insurance producer becomes an appointed agent of that insurer. An insurance producer who is not acting as an agent of an insurer is not required to become appointed.  (b) To appoint a producer as its agent, the appointing insurer shall file, in a format approved by the commissioner, a notice of appointment within 15 days from the date the agency contract is executed or the first insurance application is submitted. An insurer may also elect to appoint a producer to all or some insurers within the insurer's holding company system or group by the filing of a single appointment request.  (c) Upon receipt of the notice of appointment, the commissioner shall verify within a reasonable time not to exceed 30 days that the insurance producer is eligible for appointment. If the insurance producer is determined to be ineligible for appointment, the commissioner shall notify the insurer within 5 days of its determination.  (d) An insurer shall pay an appointment fee, in the amount prescribed by section 14, for each insurance producer appointed by the insurer.  (e) An insurer shall remit, in a manner prescribed by the commissioner, a renewal appointment fee in the amount prescribed by section 14.
MA Gen L ch 175 § 162u (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162u - Insurance Producer License; Waiver of Requirements for Nonresident License Applicant

Section 162U. (a) The commissioner shall waive any requirements for a nonresident license applicant with a valid license from his home state, except the requirements imposed by section 162N if the applicant's home state awards nonresident licenses to residents of the commonwealth on the same basis.  (b) A nonresident producer's satisfaction of his home state's continuing education requirements for licensed insurance producers shall constitute satisfaction of the commonwealth's continuing education requirements if the nonresident producer's home state recognizes the satisfaction of its continuing education requirements imposed upon producers from the commonwealth on the same basis.
MA Gen L ch 175 § 162v (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162v - Reporting of Administrative Action Taken Against Insurance Producer; Reporting of Criminal Prosecution of Insurance Producer

Section 162V. (a) A producer shall report to the commissioner any administrative action taken against the producer in another jurisdiction or by another governmental agency in the commonwealth within 30 days of the final disposition of the matter. This report shall include a copy of the order, consent to order or other relevant legal documents.  (b) Within 30 days of the initial pretrial hearing date, a producer shall report to the commissioner any criminal prosecution of the producer taken in any jurisdiction. The report shall include a copy of the initial complaint filed, the order resulting from the hearing and any other relevant legal documents.
MA Gen L ch 175 § 162w (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162w - Promulgation of Regulations Relating to Insurance Producers

Section 162W. The commissioner may promulgate reasonable regulations as are necessary or proper to carry out the purposes of sections 162G to 162Y, inclusive.
MA Gen L ch 175 § 162x (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162x - Severability of Secs. 162g to 162x

Section 162X. If any provisions of sections 162G to 162X, inclusive, or the application of a provision to any person or circumstances, shall be held invalid, the remainder of said sections 162G to 162X, inclusive, and the application of the provision to persons or circumstances other than those to which it is held invalid, shall not be affected.
MA Gen L ch 175 § 164 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 164 - Collectors of Premiums

Section 164. A collector of premiums who does not solicit applications for or the renewal or continuance of insurance contracts, or act or aid in negotiating such contracts or the continuance or renewal thereof, may carry on such business without a license therefor, provided that the collection fee does not exceed five per cent of any amount collected.
MA Gen L ch 175 § 164a (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 164a - Lapsed Industrial Life Policies; Effect on Agents' Commissions

Section 164A. If a policy of industrial life insurance upon which premiums have been paid for three years or more lapses for non-payment of a premium and is surrendered to the company for a cash surrender value or continues in force as paid-up or extended term insurance, the company shall not charge any of its agents with a decrease for or on account of the premium on said policy nor make any deduction from his commission or salary for or on account of the lapse of said policy.  Nothing in this section shall prohibit a life company from contracting to pay any of its agents additional compensation for the conservation of insurance, based upon the relation of the lapse rate of premiums on one or more classes of industrial life insurance policies or combined industrial and monthly premium debit insurance policies under his supervision to the lapse rate of premiums on insurance policies of the same class or classes in the entire company; nor shall anything in this section prohibit a company, which has contracted to pay its agents in this commonwealth such additional compensation for the conservation of insurance, from also contracting with any such agent that he shall not be paid first-year commissions on any new policy issued on an application procured by him on the life of a person or a dependent sharing the home with such person who has terminated a policy issued by the company on his life or that of such a dependent not more than three months before, or who terminates such a policy within three months after, application for such new policy is made.