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SB 0113 - Insurance; appointment of agents by authorized insurer before licensing; background checks

Tracking Level: Monitor
Sponsor: Shafer,David 48th
Last Action: 5/14/2008 - Senate Date Signed by Governor
Senate Committee: I&L
House Committee: Judy

Staff Analysis of the Legislation

Senate Bill 113

 

Chairman: Wendell Willard

 

Committee:Judiciary Civil

 

House Sponsor: Rich Golick

Senate Sponsor: David Shafer

Chairman Willard’s Opinion of the Legislation:

SB 113 is an Insurance Code housekeeping bill, amends the Code to provide forms for license applications, allow agents to file licensing applications electronically, outline procedures for background checks of agents, provide for the appointment of limited subagents, prohibit agents with inactive licenses from selling insurance, and provide regulations for adjusters performing emergency insurance adjustment work in Georgia.  The bill also defines “limited subagent”, standardizes the applicant background check process, and allows mobile phone equipment insurance sales to be licensed similar to the way rental car insurance is licensed currently, on a statewide/company rather than a per-store basis.

This bill comes to the House Floor under the Open Rule as a Rules Committee Substitute. The Rules Substitute is not summarized in this report.


Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text