HB1340 (2016) Detail

Relative to producer licensing.


\t \t\t \t\t \t\t \t \t \t\t

CHAPTER 109

HB 1340 - FINAL VERSION

 

2016 SESSION

\t16-2445

\t01/08

 

HOUSE BILL\t1340

 

AN ACT\trelative to producer licensing.

 

SPONSORS:\tRep. Butler, Carr. 7; Rep. Hunt, Ches. 11; Rep. Flanders, Belk. 3

 

COMMITTEE:\tCommerce and Consumer Affairs

 

-----------------------------------------------------------------

 

ANALYSIS

 

\tThis bill requires that insurance producers licensed under RSA 402-J complete certain education requirements every 2 years.

 

\tThis bill is a request of the insurance department.

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

Explanation:\tMatter added to current law appears in bold italics.

\t\tMatter removed from current law appears [in brackets and struckthrough.]

\t\tMatter which is either (a) all new or (b) repealed and reenacted appears in regular type.

\t16-2445

\t01/08

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Sixteen

 

AN ACT\trelative to producer licensing.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

\t109:1  Insurance; Fees.  RSA 400-A:29, XIII is repealed and reenacted to read as follows:

\t\tXIII.  Other licensing documents; producer, consultant, adjuster, public adjuster; copies (all documents) $1 per page.

\t109:2  New Section; Insurance; Producer Licensing; Continuing Education.  Amend RSA 402-J by inserting after section 7 the following new section:

\t402-J:7-a  Continuing Education.  Every 2 years, at least 60 days prior to the renewal date of their license, persons holding a producers license shall be certified by the insurance department as having completed 24 hours of continuing education instruction.  Of the 24 continuing education hours required, at least 3 hours, but no more than 10 hours, shall consist of courses approved for ethics credit.  Such continuing education instruction shall be approved by the insurance department.  If a nonresident has complied with the continuing education requirements of his or her state of residence, he or she shall not be required to comply with requirements of this section.

\t109:3  Effective Date.  This act shall take effect 60 days after its passage.

Approved: May 20, 2016

Effective Date: July 19, 2016