Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can my insurer(s) and/or plan vendors choose not to recognize a new broker?

April 26, 2017broker insurer Plan recognize s vendors

0

Posted

Can my insurer(s) and/or plan vendors choose not to recognize a new broker?

1 Answer

0

Posted

Yes. Insurance producers must be “appointed” by each insurer to be legal. Some insurers and third party administrators do “black-list” certain producers and firms for various reasons. Other producers may be in trouble with the Office of the Insurance Commissioner and have licenses suspended or revoked. We encourage you to check the website of the Insurance Commissioner in your State.