§ 37.48. Reporting requirements.
An agent or broker who has been denied a certificate or license or has had an existing certificate or license revoked, suspended or nonrenewed under § 37.46(5) (relating to standards for denial of certificate/license); or who has pleaded guilty or nolo contendere or has been found guilty of criminal conduct as set forth in § 37.46(7)(i), shall report this fact to the Department in writing within 10 business days after the occurrence of the event. An insurance entity having knowledge of the occurrence of the event concerning its agents or concerning brokers with whom it deals shall similarly make this fact known to the Department in writing within 10 business days after learning of the event.
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