(a) Each employee of a specialty license holder who performs any act of an insurance agent shall complete a training program which satisfies the requirements of Article 21.09 §1(d).
(b) An insurance company authorized to write the specialty insurance product shall submit an outline of the training program to the department for approval prior to use by a specialty license holder.
(c) The training outline shall be sufficiently detailed to demonstrate that the specialty license applicant's employees will receive training in the disclosures required under the applicable statutes and regulations as well as training in each specific type of specialty insurance product which the applicant seeks authorization to solicit.
(d) An applicant for or holder of a specialty insurance license shall submit all employee training materials to the department upon request. If the department finds that a training program is deficient, misrepresents any aspect of the insurance transaction or contains inaccuracies misleading to the public, the department may institute a disciplinary action against the insurance company that prepared the training materials. If the department finds that a training program is modified by or is not properly administered by the specialty license holder, the department may take any disciplinary action authorized under §19.1910 of this title (relating to Denial or Refusal of Specialty License Application; Suspension or Revocation of Specialty Licenses; Discipline of Specialty License Holders) against the specialty license holder.

Source Note: The provisions of this §19.1909 adopted to be effective February 20, 2001, 26 TexReg 1545; amended to be effective December 27, 2001, 26 TexReg 10603