General Definitions and Provisions

What this document is

Maine Revised Statutes Title 24-A Chapter 1 - General Definitions and Provisions is a state statute published by Maine Legislature, Office of the Revisor of Statutes (legislature.maine.gov). It is one of the Maine documents that insurance license exam questions are written from, including maine life & health, maine property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• 24-A M.R.S. Chapter 1 § 12-A(5) (Election of enforcement options)

  “The superintendent may elect to utilize any or all of the enforcement options provided by this section, in combination or in sequence, as the superintendent deems appropriate. The penalties and provisions of this section are in addition to any other penalty provided by law.”

• 24-A M.R.S. Chapter 1 § 4 ("Insurer" defined)

  “"Insurer" includes every person engaged as principal and as indemnitor, surety or contractor in the business of entering into contracts of insurance.”

• 24-A M.R.S. Chapter 1 § 9 ("Transacting insurance" defined)

  “In addition to other aspects of insurance operations to which provisions of this Title by their terms apply, "transact" with respect to a business of insurance includes any of the following, whether by mail or any other means: 1. Solicitation or inducement; 2. Negotiations; 3. Effectuation of a contract of insurance;”

• 24-A M.R.S. § 12-A(2-A) (Emergency cease and desist)

  “The superintendent may issue an emergency cease and desist order, without prior notice and hearing, if the complaint shows that a person is engaging in unlicensed insurance activities or is engaging in conduct that creates an immediate danger to the public safety or is causing or is reasonably...”

• 24-A M.R.S. § 13 (Retention of unpaid premium)

  “Any insurance company, broker or agent may retain an amount equal to any undisputed unpaid premium due on the policy under which a claim is being presented, in connection with claims by and settled with an insured, as long as the unpaid premium remains unpaid 60 days after the effective date of...”

• 24-A M.R.S. § 12-A(1) (Civil penalty and enforcement provisions: Attorney General election)

  “The superintendent shall notify the Attorney General or the Attorney General's designee of any such adjudicatory hearing at the time that the notice of hearing is issued by the superintendent. The superintendent may not assess a civil penalty if the Attorney General notifies the superintendent that...”

• 24-A M.R.S. § 9(4) (Transacting insurance defined: matters subsequent to effectuation)

  “4. Transaction of matters subsequent to effectuation and arising out of such a contract.”

• 24-A M.R.S. § 3(3) (Insurance defined: home service contract)

  “3. Home service contract. A home service contract whereby, for a set fee and specified duration, a person agrees to defray the cost of repair or replacement or provide or arrange for the repair or replacement of all or any part of any structural component, appliance or system of a home necessitated...”

• 24-A M.R.S. § 6(3) (Alien insurer defined)

  “3. Alien insurer. An "alien" insurer is a foreign insurer formed under the laws of any country other than the United States of America, its states, districts, commonwealths and possessions.”

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More Maine sources

• Me. Rev. Stat. tit. 24-A, s. 2152: Unfair methods; deceptive acts prohibitedState statute
• Me. Rev. Stat. tit. 24-A, s. 1420-A: Insurance producer licensing definitionsState statute
• Me. Rev. Stat. tit. 24-A, s. 2153: Misrepresentation; false advertising of policiesState statute
• 24-A M.R.S. Chapter 33 - Health Insurance Contracts (Secs. 2701 onward, selected)State statute
• Maine Revised Statutes Title 24-A Chapter 17 - Agents, Brokers, Consultants and AdjustersState statute
• Maine Revised Statutes Title 24-A Chapter 21 - Unauthorized Insurers: Prohibitions, Process and AdvertisingState statute
• Maine Revised Statutes Title 24-A Chapter 23 - Trade Practices and FraudsState statute
• Maine Revised Statutes Title 24-A Chapter 27 - The Insurance ContractState statute