Bill

Bill > HB408


GA HB408

GA HB408
Insurance; repeal prelicensing education requirements applicable to certain licenses


summary

Introduced
02/12/2025
In Committee
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT To amend Chapter 23 of Title 33 of the Official Code of Georgia Annotated, relating to insurance licensing, so as to repeal prelicensing education requirements applicable to certain insurance licenses; to provide a three-day maximum on the reexamination waiting period for applicants; to make conforming changes; to provide for related matters; to repeal conflicting laws; and for other purposes.

AI Summary

This bill amends Georgia's insurance licensing laws to eliminate prelicensing education requirements for certain insurance licenses. Specifically, the bill removes the previous requirement that applicants for agent, limited subagent, or adjuster licenses must complete classroom courses in insurance before obtaining their license. The bill also introduces a new provision that limits the waiting period for reexamination to a maximum of three days if an applicant fails an initial licensing examination. Additionally, the bill modifies temporary licensing provisions by removing education requirements for temporary licenses issued in special circumstances such as the death or disability of an existing agent. The changes aim to reduce barriers to entry for insurance professionals by streamlining the licensing process and removing educational prerequisites. The bill maintains other existing qualifications for licensing, such as age requirements, residency, good character, and passing required examinations, while providing more flexibility for individuals seeking to enter the insurance industry in Georgia.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

House Second Readers (on 02/18/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...