Missouri Revised Statutes Chapter 375, second third

What this document is

Missouri Revised Statutes Chapter 375, second third (Secs. 375.620-375.1140) is a state statute published by Missouri Revisor of Statutes (revisor.mo.gov). It is one of the Missouri documents that insurance license exam questions are written from, including missouri life & health, missouri property & casualty, missouri personal lines 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.

• Mo. Rev. Stat. Chapter 375 § 375.1115.5 (Refusal to Issue Reinsurance Intermediary License)

  “The director may refuse to issue a reinsurance intermediary license if, in his judgment, the applicant, any one name on the application, or any member, principal, officer or director of the applicant, is not trustworthy, or that any controlling person of such applicant is not trustworthy to act as...”

• Mo. Rev. Stat. Chapter 375 § 375.901.3 (Nonresident Agent Countersignature Reciprocity)

  “No countersignature of a resident agent or broker is required on policies or contracts for insurance solicited by nonresident agents or brokers licensed by this state, unless the state of residence of the nonresident agent or broker imposes a countersignature requirement on policies or contracts...”

• Mo. Rev. Stat. Chapter 375 § 375.720.1 (Failure or Refusal to Deliver Assets to the Director)

  “Whenever, by this chapter, or by any other law of this state, the director is authorized or required to take possession of any of the general assets of any insurer, it is unlawful for any person or company to knowingly neglect or refuse to deliver to the director, on order or demand of the...”

• Mo. Rev. Stat. Chapter 375 § 375.1137 (Application Fee and Renewal, Reinsurance Intermediary License)

  “The license shall be renewed annually on the anniversary date of issuance and continue in effect until refused, revoked or suspended by the director in accordance with sections 375.1110 to 375.1140 , except that if the annual renewal fee for the license is not paid on or before the anniversary...”

• Mo. Rev. Stat. Chapter 375 § 375.1102 (Broker Required for Purchase of Insurance from a Risk Retention Group)

  “No person, firm, association or corporation shall act or aid in any manner in soliciting, negotiating or procuring liability insurance in this state from a risk retention group unless such person, firm, association or corporation is licensed as an insurance agent or broker in accordance with this chapter.”

• Mo. Rev. Stat. Chapter 375 § 375.1135.1 (Penalties: Suspension or Revocation for Willful Violation)

  “The director may also suspend or revoke the license or certificate of authority of a reinsurance intermediary, insurer, or reinsurer for any willful violation.”

• Mo. Rev. Stat. Chapter 375 § 375.1115.4(2) (Nonresident Reinsurance Intermediary Licensing Condition)

  “If the applicant for a reinsurance intermediary license is a nonresident, such applicant as a condition precedent to receiving or holding a license shall designate the director as agent for service of process in the manner, and with the same legal effect, provided for by sections 375.1110 to...”

• Mo. Rev. Stat. Chapter 375 § 375.1102.4 (Licensee Duty to Give Prescribed Notice to Prospective Insureds)

  “Every person, firm, association or corporation licensed pursuant to the provisions of chapters 374 to 385 , on business placed with risk retention groups or written through a purchasing group, shall inform each prospective insured of the provisions of the notice required by subsection 7 of section...”

• Mo. Rev. Stat. § 375.1005 (Improper claims practice, conditions)

  “It is an improper claims practice for any domestic, foreign or alien insurer transacting business in this state to commit any of the acts defined in section 375.1007 if: (1) It is committed in conscious disregard of sections 375.1000 to 375.1018 or any rules promulgated under sections 375.1000 to...”

• Mo. Rev. Stat. § 375.936(9) (Unfair practices defined: Rebates)

  “(9) "Rebates" : (a) Except as otherwise expressly provided by law, knowingly permitting or offering to make or making any contract of life insurance, life annuity, accident and health insurance or other insurance, or agreement as to such contract other than as plainly expressed in the insurance...”

• Mo. Rev. Stat. § 375.936(6) (Unfair practices defined: Misrepresentations and false advertising of insurance policies)

  “(6) "Misrepresentations and false advertising of insurance policies" , making, issuing, circulating, or causing to be made, issued or circulated, any estimate, illustrations, circular or statement, sales presentation, omission, or comparison which: (a) Misrepresents the benefits, advantages,...”

• Mo. Rev. Stat. § 375.1102 (Broker Required for Purchase of Insurance from a Risk Retention Group)

  “No person, firm, association or corporation shall act or aid in any manner in soliciting, negotiating or procuring liability insurance in this state from a risk retention group unless such person, firm, association or corporation is licensed as an insurance agent or broker in accordance with this chapter.”

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More Missouri sources

• Missouri Rev. Stat. s. 375.014 - License required to act as insurance producerState statute
• Missouri Rev. Stat. s. 375.018 - Nonresident licenseState statute
• Missouri Rev. Stat. s. 375.141 - Grounds for license disciplineState statute
• Missouri Rev. Stat. s. 375.144 - Prohibited acts; misrepresentation and fraudState statute
• Missouri Rev. Stat. s. 375.936 - Unfair trade practices definedState statute
• Missouri Revised Statutes Chapter 375 - Provisions Applicable to All Insurance Companies, first third (Secs. 375.001-375.610)State statute
• Missouri Revised Statutes Chapter 375, final third (Secs. 375.1150-375.1803)State statute
• Missouri Rev. Stat. s. 376.375 - Life policy required provisionsState statute