What must an insurance producer do before conducting business under an assumed name?

In Louisiana, an insurance producer is required to notify the Commissioner prior to conducting business under an assumed name. This requirement is in place to ensure that the Commissioner is aware of all business entities operating within the state, which helps maintain transparency and accountability in the insurance industry. The process of notifying the Commissioner allows for the verification of the assumed name to avoid potential issues such as name conflicts or misrepresentation.

While other actions related to business operations may be necessary in different contexts, specifically informing the Commissioner is crucial to comply with state regulations governing insurance practices. This provision protects consumers and upholds the integrity of the insurance market in Louisiana.