2007 Legislative Document (House) 590 (To Amend Certain Requirements Applicable to Insurance Producers)

Public Act 51 of 2007

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• Introduced by Rep. Jeremy R. Fischer on February 6, 2007, this bill makes the following changes to the laws applicable to insurance producers: 1. It eliminates the prelicensing requirement under which potential license applicants were required to complete either a course of instruction or comply with an experience requirement before being able to sit for the qualifying license examination; 2. It expands the scope of the limited producer license for certain insurance provided in connection with the short-term rental of motor vehicles; and 3. It clarifies that nonresident producers with surplus lines authority are not required to maintain a physical office within this State. All of these changes are intended to establish consistency with current national uniformity standards.
  • Referred to the Insurance and Financial Services Committee on February 6, 2007.
• Passed in the House by voice vote on April 3, 2007.
• Received in the Senate on April 4, 2007.
• Passed in the Senate by voice vote on April 5, 2007.
• Signed by Gov. John E Baldacci on April 13, 2007.

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Introduced by Rep. Jeremy R. Fischer on February 6, 2007. Passed in the House by voice vote on April 3, 2007. New Comment