Sec. 38a-714. (Formerly Sec. 38-90). Personal liability of agent or broker acting on behalf of insurance company not licensed to do business in this state.
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Sec. 38a-714. (Formerly Sec. 38-90). Personal liability of agent or broker acting on behalf of insurance company not licensed to do business in this state. Any
person making within this state directly or indirectly any contract of insurance in behalf
of any insurance company which is not licensed to do business in this state shall be
personally liable to the insured for the performance of such contract by the insurance
company.
History: Sec. 38-90 transferred to Sec. 38a-714 in 1991.
See Sec. 38a-744 re liability of licensee.
Annotation to former section 38-90:
Cause of action founded on this statute is of a contractual nature. 2 CS 50.