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House Bill 2145 |
House Author: Smithee et al. |
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Effective: 9-1-15 |
Senate Sponsor: Creighton |
House Bill 2145 amends the Insurance Code to authorize the Texas Department of Insurance (TDI) to issue a provisional permit to an applicant for certain insurance agent licenses who is being considered for appointment as an insurance agent by another insurance agent, an insurer, or a health maintenance organization. The bill authorizes a qualified applicant to proceed to act as an agent if a provisional permit is not received from TDI within eight days after the applicant submits the applications, fees, and supporting documentation required by the bill, provided TDI has not delivered notification that the permit application is incomplete or is or may be denied. The bill applies to an applicant for a general property and casualty insurance agent license; county mutual insurance agent license; general life, accident, and health insurance agent license; funeral prearrangement life insurance agent license; or license to act as a life insurance agent who writes policies that do not exceed $25,000 on any one life.