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Bill > SB1210


PA SB1210

PA SB1210
In insurance producers, further providing for powers and duties of department.


summary

Introduced
03/12/2026
In Committee
03/24/2026
Crossed Over
03/23/2026
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

Amending the act of May 17, 1921 (P.L.789, No.285), entitled "An act relating to insurance; establishing an insurance department; and amending, revising, and consolidating the law relating to the licensing, qualification, regulation, examination, suspension, and dissolution of insurance companies, Lloyds associations, reciprocal and inter- insurance exchanges, and certain societies and orders, the examination and regulation of fire insurance rating bureaus, and the licensing and regulation of insurance agents and brokers; the service of legal process upon foreign insurance companies, associations or exchanges; providing penalties, and repealing existing laws," in insurance producers, further providing for powers and duties of department.

AI Summary

This bill amends The Insurance Department Act of 1921 to grant the Insurance Commissioner the exclusive authority to approve or contract for the approval of educational programs and courses that prepare individuals to become licensed insurance producers, meaning those who sell insurance. This change specifically exempts these pre-licensing courses from the requirements of the Private Licensed Schools Act, which previously governed such approvals, ensuring that only the Commissioner has the power to determine which courses meet the necessary standards for licensing.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (4)

Last Action

Referred to Insurance (on 03/24/2026)

bill text


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