HB 798 -- Insurance Co-Sponsors: Ward, Abel, Luetkenhaus, Luetkemeyer, Liese, Surface, Burton This bill revises the law governing the licensing of insurance agents and brokers. The bill removes distinctions between agents and brokers in terms of licensing, referring to each as "insurance producers." The bill revises most of the provisions pertaining to licensure including: the courses of study initially required for licensure, continuing education, temporary licensure, the termination and renewal of agency contracts, examination requirements, broker compensation restrictions, suspension and revocation of licenses, penalties for violations, closed and confidential records, and fees for licensure. The bill has an effective date of January 1, 2002.Copyright (c) Missouri House of Representatives