Pennsylvania Code › Title 31 - INSURANCE › Part I - General Provisions › Subpart C - Agents and Brokers › Chapter 37 - AGENT CERTIFICATES OF QUALIFICATION AND BROKER LICENSES › CERTIFICATES AND LICENSES › Section 37.33 - Agent application procedures

Current through Register Vol. 54, No. 28, July 13, 2024
(a) The applicant shall complete the
					 application for an initial certificate and the initial appointing entity shall
					 endorse the applicant as provided in section 603(a)(4) of the act
					 (40
					 P. S. §
												233(a)(4)),
					 certifying its intent to appoint the applicant.
(b) The agent application shall be subscribed
					 and sworn to before a notary public. Applications executed more than 3 months
					 prior to the date of filing with the Department will not be accepted. The
					 entity endorsing the applicant will be held responsible for its endorsement of
					 statements contained in the application.
(c) The making of a false statement in an
					 application may constitute a ground for certificate denial or
					 revocation.
(d) Initial
					 certificates will be valid as of the date issued by the Department until the
					 expiration date stated on the certificate.
(e) Employes of partnerships and corporations
					 who apply for a certificate shall apply individually.
(f) To be certified, a partnership or
					 corporation shall have at least one qualifying active partner or one qualifying
					 active officer as listed in §
											37.37 (relating to corporation or
					 partnership certificate/license). The worthiness of a partnership or
					 corporation to be certified is determined by the worthiness of the qualifying
					 active partners or qualifying active officers.
(g) A person who solicits, negotiates or
					 places risks, regardless of employment or official connection with a
					 partnership or corporation, and acts in the name of the partnership or
					 corporation or individually, shall be certified individually.
(h) The procedures in this section apply to
					 new agents or existing agents applying for additional lines of authority. To
					 receive a certificate with additional lines of authority, an existing agent
					 shall surrender the previous certificate when submitting the application
					 form.
(i) Before a certificate is
					 granted, the applicant shall first answer and submit, in writing and under
					 oath, interrogatories on forms and supplements prepared by the Department. The
					 answers shall be endorsed by the entity interested and be to the effect that
					 the applicant is of good business reputation and is worthy to conduct the
					 business of insurance.
(j) When the
					 Commissioner is satisfied that the applicant is worthy of an agent certificate,
					 the applicant has passed the appropriate agent examination or qualified for a
					 waiver, and has received from an entity notice of intent to appoint the
					 applicant, the Commissioner will issue a certificate stating that the agent has
					 complied with the law and has been authorized by the Department to transact
					 business within this Commonwealth, and that the agent has been appointed by the
					 entity in accordance with subsection (i).
This section cited in 31 Pa. Code §
													37.31 (relating to general
						  application requirements).