Bill Amendment: FL S1222 | 2015 | Regular Session

NOTE: For additional amemendments please see the Bill Drafting List

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Bill Title: Division of Insurance Agent and Agency Services

Status: 2015-04-23 - Laid on Table, companion bill(s) passed, see CS/CS/HB 1133 (Ch. 2015-180) [S1222 Detail]

Download: Florida-2015-S1222-Senate_Committee_Amendment_361716.html

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       Florida Senate - 2015                        COMMITTEE AMENDMENT
       Bill No. SB 1222
       
       
       
       
       
       
                                Ì361716,Î361716                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
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       The Committee on Banking and Insurance (Richter) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete lines 139 - 169
    4  and insert:
    5  property, casualty, and inland marine insurance. resident or
    6         (k) An applicant for license as an nonresident all-lines
    7  adjuster who has the designation of Accredited Claims Adjuster
    8  (ACA) from a regionally accredited postsecondary institution in
    9  this state, Associate in Claims (AIC) from the Insurance
   10  Institute of America, Professional Claims Adjuster (PCA) from
   11  the Professional Career Institute, Professional Property
   12  Insurance Adjuster (PPIA) from the HurriClaim Training Academy,
   13  Certified Adjuster (CA) from ALL LINES Training, or Certified
   14  Claims Adjuster (CCA) from AE21 Incorporated the Association of
   15  Property and Casualty Claims Professionals whose curriculum has
   16  been approved by the department and which includes comprehensive
   17  analysis of basic property and casualty lines of insurance and
   18  testing at least equal to that of standard department testing
   19  for the all-lines adjuster license. The department shall adopt
   20  rules establishing standards for the approval of curriculum.
   21         (l) An applicant for license as a life agent who has
   22  received a degree from an accredited institution of higher
   23  learning approved by the department, except that the applicant
   24  may be examined on pertinent provisions of this code. Qualifying
   25  degrees must indicate a minimum of 9 credit hours of insurance
   26  instruction, including specific instruction in the areas of life
   27  insurance, annuities, and variable insurance products.
   28         (m) An applicant for license as a health agent who has
   29  received a degree from an accredited institution of higher
   30  learning approved by the department, except that the applicant
   31  may be examined on pertinent provisions of this code. Qualifying
   32  degrees must indicate a minimum of 9 credit hours of insurance
   33  instruction, including specific instruction in the area of
   34  health insurance products.
   35         (n)(k) An applicant qualifying for a license transfer under
   36  s. 626.292 if the applicant:
   37         1. Has successfully completed the prelicensing examination
   38  requirements in the applicant’s previous home state which are
   39  substantially equivalent to the examination requirements in this
   40  state, as determined by the department;
   41         2. Has received the designation of chartered property and
   42  casualty underwriter (CPCU) from the American Institute for
   43  Property and Liability Underwriters and been engaged in the
   44  insurance business within the past 4 years if applying to
   45  transfer a general lines agent license; or
   46         3. Has received the designation of chartered life
   47  underwriter (CLU) from the American College of Life Underwriters
   48  and been engaged in the insurance business within the past 4
   49  years if applying to transfer a life or health agent license.
   50         (o)(l) An applicant for a license as a nonresident agent if
   51  
   52  ================= T I T L E  A M E N D M E N T ================
   53  And the title is amended as follows:
   54         Delete lines 10 - 12
   55  and insert:
   56         revising examination requirements and exemptions for
   57         applicants for certain agent and adjuster licenses;
   58         amending s. 626.241,