Terms Used In Tennessee Code 56-6-510

  • Insurer: means any person, firm, association or corporation duly licensed in this state as an insurance company pursuant to §. See Tennessee Code 56-6-502
  • MGA: means any person who:
    (i) Manages all or part of the insurance business of an insurer, including the management of a separate division, department, or underwriting office. See Tennessee Code 56-6-502

No insurer may continue to utilize the services of an MGA on and after July 1, 1991, unless the utilization is in compliance with this part.