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2002 SESSION

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HB 1195 Insurance agents; termination of license and contracts.

Introduced by: Frank D. Hargrove, Sr. | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Insurance agents; termination of license and contracts. Requires that any appeal by insurance agents whose licenses are terminated for failure to comply with continuing education requirements be filed within 60 days of notification of the termination. The measure also provides that an agent who has not complied with the continuing education requirements and who voluntarily surrendered his license prior to the expiration of the appeal period shall not be permitted to apply for another such license until he has complied with the continuing education requirements. Finally, the measure extends the confidential treatment required of documents acquired by the State Corporation Commission in connection with investigations of insurance agents.


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