| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to continuing education requirements for an insurance |
|
|
agent, insurance adjuster, or public adjuster; amending provisions |
|
|
subject to a criminal penalty. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 4004.053(a), Insurance Code, is amended |
|
|
to read as follows: |
|
|
(a) An individual who holds a general life, accident, and |
|
|
health license, a life agent license, a life and health insurance |
|
|
counselor license, an adjuster license, a managing general agent |
|
|
license, a general property and casualty license, or a personal |
|
|
lines property and casualty license must complete 24 [15] hours of |
|
|
continuing education during the license period [annually]. If the |
|
|
individual holds more than one license for which continuing |
|
|
education is otherwise required, the individual is not required to |
|
|
complete more than 24 [15] continuing education hours for all |
|
|
licenses during the license period [annually]. An individual who |
|
|
is required under rules adopted under Chapter 4008 to hold a |
|
|
certificate to sell a designated product or product line may use |
|
|
continuing education programs administered under Section 4004.151 |
|
|
to satisfy the [annual] continuing education requirements under |
|
|
this subsection. |
|
|
SECTION 2. Section 4102.109(a), Insurance Code, is amended |
|
|
to read as follows: |
|
|
(a) Each license holder must [annually] complete at least 24 |
|
|
[15] hours of continuing education during the license period |
|
|
[courses]. The commissioner by rule shall prescribe the |
|
|
requirements for continuing education courses under this section. |
|
|
SECTION 3. The change in law made by this Act applies only |
|
|
to a license issued or renewed on or after the effective date of |
|
|
this Act. A license issued or renewed before the effective date of |
|
|
this Act is governed by the law in effect immediately before the |
|
|
effective date of this Act, and that law is continued in effect for |
|
|
that purpose. |
|
|
SECTION 4. This Act takes effect September 1, 2015. |