Page:United States Statutes at Large Volume 72 Part 1.djvu/63

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[72 Stat. 23]
PUBLIC LAW 85-000—MMMM. DD, 1958
[72 Stat. 23]

72 S T A T. ]

23

PUBLIC LAW 85-334-FEB. 22, 1958

ized company or by any of its representatives unless such contract is duly countersigned in writing by a person who is licensed as provided in this Act to countersign such contracts, and no salaried officer, manager, or other salaried employee of any authorized company, unless he be licensed as provided in this Act, shall write, issue, or countersign any such contract. "No company, agent, or salaried company employee shall make any agreement as to a policy other than that which is plainly expressed in the policy issued^ "No company, agent, salaried company employee, or broker shall pay or offer to pay or allow as an inducement to any person to insure any rebate of premium or any special favor or advantage whatever in the dividends to accrue thereon, or any inducement whatever not specified in the policy. "Every company authorized by this Act to do business in the District shall file annually with the Superintendent on or before the fifteenth day of April, and at such other times as they may be appointed, a list of agents and salaried employees of said company who are authorized to solicit, write, effect, issue, or deliver policies for such company in the District, except that the names of soliciting agents may be filed either by the company or by the policy-writing agent. "Any policy-writing agent or salaried company employee authorized by any company to solicit, negotiate, bind, write, or issue policies or applications therefor shall, in any controversy between the insured or his representative and the said company, be held to be the agent of the company which issued or effected the policy solicited or so applied for, anything in the application or policy to the contrary notwithstanding. "Any payment made by or on behalf of the insured to any broker for policies issued to such broker for delivery to the insured or issued directly to the insured on the order of such broker, shall, in controversies between the insured and the company, be deemed to have been paid to the company. "No soliciting agent shall have any authority to countersign any policy." SEC. 6, That section 32 of chapter II of the Fire and Casualty Act (sec. 35-1336, D. C. Code, 1951 edition) is amended to read as follows: "SEC. 32. Any person hereafter desiring to engage in business in the District as a policy-writing agent, soliciting agent, broker, or salaried company employee, as defined by this Act shall, before engaging in such business, secure from the Superintendent a license authorizing him to engage in such business. The person to whom the license may be issued shall file sworn answers to such interrogatories as the Superintendent may require. Before the Superintendent shall issue or renew a license to any policy-writing agent, soliciting agent, or salaried company employee, he shall require the company or policywriting agent desiring the appointment of such person to certify— "(a) that the person to be appointed, if not a salaried company employee, is a resident of this District, or that his principal office for the conduct of such business is in or will be maintained in the District; "(b) that he is personally known to the person making the certification; "(c) that he has had experience or instructions necessary to the proper conduct of the kind or kinds of business to which the license is to extend; " (d) that he has a good business reputation, is trustworthy, and is worthy of a license. "Resident and nonresident brokers shall, as a prerequisite to the issuance of a license, file with the Superintendent a corporate surety

58 Stat. 192. Insurance agents; licenses.

Bond.