Minnesota Statutes 60A.176 – Definitions
Current as of: 2023 | Check for updates
|
Other versions
Subdivision 1.Application.
The definitions in this section apply to this section and section 60A.177.
Subd. 2.
Terms Used In Minnesota Statutes 60A.176
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
Terms Used In Minnesota Statutes 60A.176
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
[Repealed, 1991 c 207 s 8]
Subd. 3.Agent.
“Agent” means an agent who is not an employee of the insurer, who has an agency contractual relationship that has been in effect for five or more years, and who writes 80 percent or more of the agent’s business through one insurer or its subsidiaries.
Subd. 4.Insurer.
“Insurer” means an insurance company writing property or casualty loss insurance in this state through agents.