Amend SB 876 by adding the following appropriately numbered SECTION to the bill:

SECTION ____.  Section 4153.055, Insurance Code, is amended to read as follows:

Sec. 4153.055.  EXEMPTIONS FROM EXAMINATION AND CONTINUING EDUCATION REQUIREMENT. (a) An applicant is not required to take an examination to obtain a risk manager's license if the applicant holds the designation of:

(1)  chartered property casualty underwriter (CPCU) from the American Institute for Chartered Property Casualty Underwriters;

(2)  certified insurance counselor (CIC) from the national Society of Certified Insurance Counselors; [or]

(3)  associate in risk management (ARM) from the Insurance Institute of America; or

(4)  Certified Risk Manager (CRM) from The National Alliance for Insurance Education & Research.