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Minutes for SB28 - Committee on Insurance

Short Title

Updating public adjuster and insurance agent statutes pertaining to suspension, revocation, denial of licensure and licensure renewal.

Minutes Content for Mon, Mar 3, 2025

 

The Chair opened the hearing on SB28.  Assistant Revisor Ma presented an overview of the bill and stood for questions. (Attachment 6)

Craig Sepich, Director, Office of Strategy, Policy, & Government Affairs, National Insurance Crime Bureau provided written-only proponent testimony; as this bill ensures that any person whose license as a public adjuster has been suspended or revoked  may not be employed by an insurance company in the state to negotiate contracts of insurance during the period of suspension or revocation. (Attachment 7)

There were no proponents neutrals, or opponents present.

The  hearing on SB28 was closed by the Chair.