Managing general agent; licensure and errors and omissions coverage required
M.G.L. c. 175, § 177H
in effectc. 175, § 177H. Managing general agent; licensure and errors and omissions coverage required
Section 177H. (A) No person, firm, association or corporation shall act in the capacity of a managing general agent with respect to risks located in the commonwealth for an insurer licensed in the commonwealth unless such person:
(i) is a licensed producer in the commonwealth; and (ii) maintains errors and omissions coverage.
(B) No person, firm, association or corporation shall act in the capacity of a managing general agent representing an insurer domiciled in the commonwealth with respect to risks located outside the commonwealth unless such person:
(i) is a licensed producer in the commonwealth, whether resident or non-resident; and (ii) maintains errors and omissions coverage.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter175/Section177HFetched: 10/20/2026