Bill > HB4074

This bill establishes a comprehensive licensing framework for insurance umpires and appraisers in Texas, requiring individuals in these roles to obtain and maintain professional licenses. To qualify for a license, applicants must be at least 18 years old, complete a 40-hour pre-licensing course, pass a state licensing examination, submit to a criminal background check, pay required fees, and maintain a surety bond of at least $10,000. License holders must complete 24 hours of continuing education every two years, including specific topics like ethics training, insurance policy interpretation, and alternative dispute resolution, with at least 12 hours completed in a classroom setting. Licenses are valid for two years and must be renewed in the license holder's birth month. The bill empowers the insurance commissioner to investigate complaints, conduct audits, and enforce compliance, with potential administrative penalties of $50 per deficient continuing education hour and up to $4,500 for operating without a valid license. Existing umpires and appraisers will have until September 1, 2027, to comply with the new licensing requirements, with the commissioner establishing temporary licensing procedures in the interim. The bill is set to take effect on September 1, 2025, providing a gradual implementation period for professionals in these roles.

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https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB4074