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