Legislation to Modernize Licensing of Insurance Professionals
The Legislative Agenda put out by the Office of Insurance Commissioner indicates that it will it will introduce legislation this week to reform and modernize agent, broker, and adjuster license processing and administration. The proposal, as outlined in
House Bill 1533 and
Senate Bill 5715,
are designed to promote:
- Simplification and streamlining of the licensing process, and
- Reciprocity and uniformity with other states’ insurance licensing laws.
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