Honorable Larry Phillips, Chair, House Committee on Insurance
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB718 by Creighton (Relating to the regulation of insurance adjusters.), As Engrossed
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code relating to the regulation of insurance adjusters. Based on the LBB's analysis of the Texas Department of Insurance, it is assumed there could be a minimal impact on adjuster licenses and applications associated with implementing the provisions of the bill, but it is anticipated to not have a significant fiscal impact.
Local Government Impact
No fiscal implication to units of local government is anticipated.