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Current as of January 01, 2025 | Updated by Findlaw Staff
A licensee or applicant for an insurance producer license shall not:
(1) Provide incorrect, misleading, incomplete or false information to the department in a license application.
(2) Violate the insurance laws or regulations of this Commonwealth or a subpoena or order of the commissioner or of another state's insurance commissioner.
(3) Obtain or attempt to obtain a license through misrepresentation or fraud.
(4) Improperly withhold, misappropriate or convert money or property received in the course of doing business.
(5) Intentionally misrepresent the terms of an actual or proposed insurance contract or application for insurance.
(6) Admit to or been found to have committed any unfair insurance practice or fraud.
(7) Use fraudulent, coercive or dishonest practices or demonstrate incompetence, untrustworthiness or financial irresponsibility in the conduct of doing business in this Commonwealth or elsewhere.
(8) Have an insurance producer license or other financial services license, or its equivalent, denied, suspended or revoked by a governmental entity.
(9) Forge another person's name on an application for insurance or on any document related to an insurance or financial service transaction.
(10) Cheat on an examination for an insurance producer license.
(11) Knowingly accept insurance business which was sold, solicited or negotiated by a person who is not licensed as an insurance producer.
(12) Fail to comply with an administrative or court order imposing a child support obligation.
(13) Fail to pay State income tax or comply with any administrative or court order directing the payment of State income tax.
(14) Commit a felony or its equivalent.
(15) Commit a misdemeanor that involves the misuse or theft of money or property belonging to another person.
(16) Commit a violation of Subarticle B.
(17) Commit fraud, forgery, dishonest acts or an act involving a breach of fiduciary duty.
(18) Transfer insurance coverage to an insurer other than the insurer expressly chosen by the insured without the consent of the insured.
(19) Fail to notify the department of a change of address, telephone number and email address within 30 days.
(20) Demonstrate a lack of general fitness, competence or reliability sufficient to satisfy the department that the licensee is worthy of licensure.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 40 P.S. Insurance § 310.11. Prohibited acts - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-40-ps-insurance/pa-st-sect-40-310-11/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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