Summary of the Introduced Bill

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.


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Missouri House of Representatives
Last Updated September 13, 2001 at 2:03 pm