Document dated Mar. 24, 2025, was received on Apr. 7, 2025 due to a fixed feed.
Bill Provisions
Amends the process for the appointment of insurance agents and agencies by insurers as administered by the Bureau of Insurance of the State Corporation Commission.
Revises certain requirements of an insurer or authorized representative that terminates an appointment of an agent found to have engaged in prohibited conduct.
Legislative History
On Jan. 4, 2025, bill introduced in the House; on Jan. 29, 2025, bill passed the House.
On Jan. 30, 2025, introduced in Senate; on Feb. 19, passed Senate with substitute.
On Mar. 24, 2025, bill was approved by the governor, assigned as Chapter 481.
