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2017 SESSION

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SB 1446 Insurance agent licensing; motor vehicle rental contract enrollers, etc.

Introduced by: A. Benton "Ben" Chafin | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Insurance agent licensing; motor vehicle rental contract enrollers and motor vehicle rental contract insurance agents. Excludes motor vehicle rental contract enrollers from the licensing requirements applicable to insurance agents. The measure also provides that "motor vehicle rental contract enroller" includes an authorized representative of a motor vehicle rental company. The measure qualifies the condition that motor vehicle rental contract enrollers not receive a direct or indirect commission from the insurer, the renter, or the vehicle rental company to instances where the commission is based solely on the sale of insurance coverages permitted to be offered by a motor vehicle rental contract insurance agent. Finally, the measure changes the definition of "motor vehicle rental contract insurance agent" to mean the designee of a motor vehicle rental company who is licensed as an agent to solicit, negotiate, procure, or effect certain insurance coverages.


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