Introduced
by
To amend the Insurance Code to delete refusing to issue an insurance producer's license from the actions the Commissioner of Financial and Insurance Regulation may take for certain causes. The Commissioner would retain the power to place on probation, suspend, revoke, or refuse to issue an insurance producer's license or may levy a civil fine for various violations listed in the Code. This would eliminate an inconsistency in provisions of the state Insurance Code.
Referred to the Committee on Economic Development and Regulatory Reform
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the Senate 37 to 0 (details)
Referred to the Committee on Insurance
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 106 to 0 (details)
To amend the Insurance Code to delete refusing to issue an insurance producer's license from the actions the Commissioner of Financial and Insurance Regulation may take for certain causes. The Commissioner would retain the power to place on probation, suspend, revoke, or refuse to issue an insurance producer's license or may levy a civil fine for various violations listed in the Code. This would eliminate an inconsistency in provisions of the state Insurance Code.
