Skip to main content

SB 354 (2022)

Revise some insurance license requirements

This bill became law.

Last updated 2024-02-27 4:25 pm
Summary:

Clarifies what constitutes good cause for purposes of insurance claim adjuster license denial, suspension, revocation, and fine. Good cause would include, for example, a felony criminal record, cheating on the license test, etc. This bill also clarifies that certain biennial renewal fees are nonrefundable. Lastly, this bill specifies that banks do not need insurance licenses to sell credit life and credit accident and health insurance.

Bill Sponsor:
Donna M. Soucy
Democratic party logo
Status:
SIGNED BY GOVERNOR
Status Detail:
Signed by Governor
Public Hearing Date:
04/06/2022 10:00 am
Public Hearing Location:
LOB Room 302-304
House Voting Date:
05/04/2022
Senate Voting Date:
05/12/2022
Browse related articles and bills:
Thank you to our sponsors and donors