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Texas Biographical Affidavit and Fingerprint Requirements for Foreign Insurers

State:
Texas
Control #:
TX-FIN354
Format:
PDF
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Description

Biographical Affidavit and Fingerprint Requirements for Foreign Insurers The Texas Biographical Affidavit and Fingerprint Requirements for Foreign Insurers is a set of policies and procedures that must be followed by foreign insurers that are authorized to transact insurance in the state of Texas. The Texas Department of Insurance requires that all foreign insurers must provide a biographical affidavit and submit fingerprints for each individual associated with the insurer that is engaging in the transaction of insurance in the state. The types of Texas Biographical Affidavit and Fingerprint Requirements for Foreign Insurers are: 1. Licensing Requirements: All individuals associated with the insurer must complete the requisite biographical affidavit and fingerprint process in order to become licensed to transact insurance in the state. 2. Monitoring Requirements: All individuals associated with the insurer must submit to periodic biographical affidavit and fingerprint reviews in order to monitor their ongoing activities in the state. 3. Renewal Requirements: All individuals associated with the insurer must complete the biographical affidavit and fingerprint process each time the insurer’s license is up for renewal in order to maintain their authority to transact insurance in the state.

The Texas Biographical Affidavit and Fingerprint Requirements for Foreign Insurers is a set of policies and procedures that must be followed by foreign insurers that are authorized to transact insurance in the state of Texas. The Texas Department of Insurance requires that all foreign insurers must provide a biographical affidavit and submit fingerprints for each individual associated with the insurer that is engaging in the transaction of insurance in the state. The types of Texas Biographical Affidavit and Fingerprint Requirements for Foreign Insurers are: 1. Licensing Requirements: All individuals associated with the insurer must complete the requisite biographical affidavit and fingerprint process in order to become licensed to transact insurance in the state. 2. Monitoring Requirements: All individuals associated with the insurer must submit to periodic biographical affidavit and fingerprint reviews in order to monitor their ongoing activities in the state. 3. Renewal Requirements: All individuals associated with the insurer must complete the biographical affidavit and fingerprint process each time the insurer’s license is up for renewal in order to maintain their authority to transact insurance in the state.

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Texas Biographical Affidavit and Fingerprint Requirements for Foreign Insurers