Bill Text - SB354 (2022)

Relative to insurance adjuster licensing, insurance producer licensing fees, and the sale of credit life and credit accident and health insurance policies by banks.


Revision: April 22, 2022, 1:11 p.m.

Rep. Hunt, Ches. 11

April 6, 2022

2022-1346h

07/10

 

 

Amendment to SB 354

 

Amend the introductory paragraph of RSA 402-B:12 as amended by section 1 of the bill by replacing it with the following:

 

402-B:12 [Suspension,] License Denial, Nonrenewal, or Revocation [or Fine].  The commissioner may for good cause shown, after notice and hearing, deny, suspend, or revoke the insurance claims adjuster's license of any holder or subject him or her to an administrative fine not to exceed $2,500 per violation or any combination of actions.  Such hearing may be held by the commissioner or any person designated by him or her. Any person aggrieved by said action of the commissioner or refused a license or renewal of the same by him may appeal in accordance with the provisions of RSA 541.  Good cause includes, but is not limited to, the following: