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Minutes for HB2049 - Committee on Financial Institutions and Insurance
Short Title
Updating public adjuster and insurance agent statutes pertaining to suspension, revocation, denial of licensure and licensure renewal.
Minutes Content for Thu, Feb 27, 2025
Chairperson Dietrich opened the hearing on HB2049. Revisor Eileen Ma provided the Committee with a brief of the bill. (Attachment 1)
Eric Turek with the Department of Insurance gave oral testimony in favor of the bill. (Attachment 2) He stated that the bill, like SB28, would bring consistency and parity to statutes and provide the Insurance Commissioner additional discretion when reviewing insurance agent and public adjuster licenses. He stood for questions from the Committee.
Written proponent testimony was received from Craig Sepich of the National Insurance Crime Bureau. (Attachment 3)
There was no other testimony.
Chairperson Dietrich closed the hearing on HB2049.
