Raised S.B. No. 210
Session Year 2020
AN ACT CONCERNING THE INSURANCE DEPARTMENT'S RECOMMENDATIONS REGARDING HOMEOWNERS INSURANCE, CREDIT LIFE INSURANCE, CREDIT ACCIDENT AND HEALTH INSURANCE AND INSURANCE PRODUCERS.
To (1) specify the manner in which certain insurers must cancel certain homeowners insurance policies, (2) require the Insurance Commissioner to disapprove certain credit life insurance and credit accident and health insurance forms if the loss ratios contained in such forms do not satisfy certain criteria, and (3) reduce the total number of hours of study that an applicant for an insurance producer license must successfully complete for each line of insurance for which such applicant is seeking such license.