California Insurance Code

§ 1625

INS § 1625 Effective Jan 1, 2012Div. 1 · Part 2 · Ch. 5 · Art. 2

Statute text

(a)A property licensee or a casualty licensee is a person authorized to act as an insurance agent, broker, or solicitor, and a property broker-agent license or a casualty broker-agent license is a license so to act.

(b)Licenses to act as a property broker-agent under this chapter shall entitle the licensee to transact insurance coverage on the direct or consequential loss or damage to property of every kind.

(c)Licenses to act as a casualty broker-agent shall entitle the licensee to transact insurance coverage against legal liability, including that for death, injury, disability, or damage to real or personal property.

Legislative history

Amended by Stats. 2011, Ch. 411, Sec. 8. (AB 1416) Effective January 1, 2012.