Bill > HB724

This bill modifies existing Mississippi law regarding continuing education requirements for insurance producers, which are individuals licensed to sell insurance. Specifically, it changes the process for insurance producers aged 65 or older who have been continuously licensed for at least 25 years to be exempt from these continuing education requirements. Instead of needing to prove their eligibility each time they renew their license, they will now only need to submit a one-time affidavit, essentially a sworn statement, to the Commissioner of Insurance attesting that they meet the age and continuous experience criteria. The Commissioner will then maintain a database of these eligible individuals, and if a producer's affidavit is accepted and they maintain uninterrupted licensure, they will not have to submit another affidavit for future renewals. This aims to streamline the exemption process for long-standing, experienced insurance professionals.

Business and Industry

https://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB0724.xml