Tenn. Comp. R. & Regs. 0780-01-56-.04 - DEFINITIONS

(1) "Commissioner" means the commissioner of the Tennessee Department of Commerce and Insurance;

(2) "Department" means the Tennessee Department of Commerce and Insurance;

(3) "Insurance producer" means an individual who is required to be licensed under the laws of this state to sell, solicit or negotiate insurance, whether or not such licensee has an agency contract, agreement or an appointment with an insurer; and/or an individual who is appointed or employed by a health maintenance organization "HMO" and who engages in solicitation for membership in such organization.

(4) "Insurer" means any individual, corporation, association, partnership, reciprocal exchange, inter-insurer, Lloyd's, fraternal benefit society, and any other legal entity which is defined as an "insurer" in the insurance code of this state or issues life insurance or annuities in this state and is engaged in the advertisement of a policy.

(5) "NAIC" means the National Association of Insurance Commissioners;

(6) "Person" means any natural or artificial person including, but not limited to, an individual, partnership, association trust or corporation;

(7) "Resident Insurance Producer" means an individual who resides in this state and who is required to be licensed under the laws of this state to sell, solicit or negotiate insurance, whether or not such licensee has an agency contract, agreement or an appointment with an insurer; and/or an individual who is appointed or employed by a health maintenance organization "HMO" and who engages in solicitation for membership in such organization.

Notes

Tenn. Comp. R. & Regs. 0780-01-56-.04

Original rule filed February 12, 1991; effective March 29, 1991. Amendment filed August 5, 1998; effective October 19, 1998. Amendment filed April 16, 2004; effective June 30, 2004. Amendment filed December 5, 2006; effective February 18, 2007. Repeal and new rule filed October 18, 2007; effective January 1, 2008. Repeal and new rule filed October 17, 2008; effective December 31, 2008. Amendments filed January 5, 2011; effective April 5, 2011.

Authority: T.C.A. §§ 56-2-305, 56-6-107, 56-6-112, 56-6-118(b), 56-6-124, 56-32-114, 56-35-122, 56-35201 and 42 U.S.C § 4011(2004).