Prevents the Insurance Commissioner (IC) from requiring an applicant for an insurance producer license or a resident applicant for a Medicare supplement and long-term care supplementary license to complete any specific amount of instruction or specific course in GS 58-33-30. Specifies that any producer training course developed to prepare an applicant for the examination required under GS 58-33-30(e) must be approved by the IC. Makes technical and conforming changes. Modifies GS 58-33-32 (interstate reciprocity in producer licensing) to authorize required pre-licensing education in such instances.
Applies to licensure applications submitted on or after October 1, 2025.
LICENSING COURSE REMOVAL/INSURANCE PRODUCERS.
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View NCGA Bill Details(link is external) | 2025-2026 Session |
AN ACT TO ELIMINATE THE TRAINING COURSE REQUIREMENTS FOR INSURANCE PRODUCER LICENSURE.Intro. by Johnson.
Status: Ref To Com On Rules and Operations of the Senate (Senate action) (Mar 24 2025)
Bill History:
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Thu, 20 Mar 2025 Senate: Filed(link is external)
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Mon, 24 Mar 2025 Senate: Passed 1st Reading(link is external)
S 377
Bill Summaries:
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Bill S 377 (2025-2026)Summary date: Mar 20 2025 - View Summary
View: All Summaries for Bill