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1998 National Association of Insurance Commissioners. SHORT .... Attach the following documents to this Application for written consent. Applications ... Application and I expressly consent and authorize
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People Also Ask about

The federal "Violent Crime Control and Law Enforcement Act of 1994," Title 18 U.S. Code, §§1033 and 1034 ("the Act") became effective September 13, 1994. The Act provides for criminal and civil enforcement provisions aimed at white-collar crime and insurance fraud.
A "Prohibited Person" may be an officer, director or employee of an insurance agency or an insurance company, an agent, solicitor, broker, consultant, third party administrator, managing general agent, or subcontractor representing an insurance agency or insurance company who engages in or transacts the business of
The Act provides penalties for persons who have been convicted of certain prior criminal acts and who willfully engage in the business of insurance affecting interstate commerce, unless such person receives written consent from the appropriate regulatory official.
Called the “1033 waiver,” state regulators can give producers a do-over to operate in insurance despite a checkered past. 1033 waivers are required for any individual convicted of a felony involving interstate commerce crime who is looking to join (or re-join) the insurance industry.
willfully embezzles, abstracts, purloins, or misappropriates any of the moneys, funds, premiums, credits, or other property of such person so engaged shall be punished as provided in paragraph (2).

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