HOUSE BILL 1224

Sponsored By:

Delegate Murray

Entitled:

Insurance Producers - License Applicants - Denial Based on Fraud Conviction

Synopsis:

Requiring the Insurance Commissioner to deny a license to act as an insurance producer in the State to an applicant who was an employee of a business entity or insurance producer licensed by the Commissioner and who was convicted of insurance fraud.

History by Legislative Date

House Action

2/13

First Reading Economic Matters

2/17

Hearing 2/24 at 1:00 p.m.

2/23

Hearing cancelled

2/25

Hearing 3/9 at 1:00 p.m.

3/25

Unfavorable Report by Economic Matters

Senate Action

No Action

Bill indexed under the following Subjects:

AGENTS AND BROKERS

CRIMES AND PUNISHMENTS -see also- PENALTIES; SENTENCES; etc.

FRAUD -see also- FORGERY

INSURANCE ADMINISTRATION

INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS

LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES

Bill affects the following Statutes:

Insurance

( 10-126 , 10-126 , 10-126 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered