Any insurance company, association, or other insurer not incorporated or authorized
under the laws of this state, which shall do or cause to be done any of the following
acts in this state, effected by mail or otherwise: the issuance or delivery of contracts
of insurance to residents of this state or to corporations authorized to do business
in this state, the solicitation of applications for contracts of insurance, the collection
of premiums, membership fees, assessments or other considerations for contracts, or
any other transaction of business, shall be deemed to have constituted and appointed
the director of the department of commerce and insurance of the state of Missouri,
and his successor or successors in office, to be its true and lawful attorney, upon
whom may be served all lawful process in any action, suit, or proceeding instituted
in any county in this state, by or on behalf of an insured or beneficiary arising
out of any contract of insurance, and any such act shall be signification of its agreement
that the service of process is of the same legal force and validity as personal service
of process in this state upon the insurer, notwithstanding the fact that the insurance
company, association, or other insurer has failed or neglected to file written power
of attorney appointing and authorizing the director of the department of commerce
and insurance of this state to acknowledge or receive service of all lawful process
for and on behalf of the insurance company, association or other insurer, as provided
in section 375.906.
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