Bill Text - HB518 (2021)

Relative to rebates under the law governing unfair insurance practices.


Revision: May 11, 2021, 3:16 p.m.

Commerce

May 11, 2021

2021-1411s

08/10

 

 

Amendment to HB 518

 

Amend RSA RSA 417:4, IX(b)(16) as inserted by section 1 of the bill by replacing it with the following:

 

(16)  The payment or assignment of all or part of a producer's commission on the sale of insurance to an employee of the producer.

2021-1411s

AMENDED ANALYSIS

 

This bill excludes from unfair insurance practices the payment or assignment of all or a portion of the producer's commission to an employee of the producer.