Authority granted to an insurance agent through the agent's contract is referred to as?

Authority granted to an insurance agent through the agent's contract is referred to as "express authority." This authority outlines the specific powers and responsibilities that the agent has in representing the insurance company, including the ability to sell policies, bind coverage, and handle claims within the scope defined by the contract. Additionally, agents may also have "implied authority," which encompasses actions that are necessary to carry out their express duties.