Final answer:
An agent who sells insurance policies for an unauthorized insurer in North Carolina may be personally liable for both criminal charges and civil fines.
Step-by-step explanation:
In North Carolina, an agent who sells insurance policies for an unauthorized insurer may be personally liable for both criminal charges and civil fines.
Under North Carolina law, it is illegal for an agent to sell insurance policies on behalf of an unauthorized insurer. This is considered a criminal offense and can result in criminal charges.
In addition to criminal charges, the agent may also face civil fines. These fines can be imposed by the North Carolina Department of Insurance, which has the authority to regulate insurance agents and take enforcement actions.