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Bill > H507


MA H507

Relative to continuing education of insurance producers


summary

Introduced
01/23/2017
In Committee
03/29/2018
Crossed Over
03/26/2018
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Relative to continuing education of insurance producers. Financial Services.

AI Summary

This bill amends the existing law in Massachusetts to allow the state insurance commissioner to award up to 3 hours per year of continuing insurance education credit to individuals holding insurance producer licenses for their active annual membership in The National Association of Insurance and Financial Agents of Massachusetts, Inc. However, the total credit awarded for such membership cannot exceed 9 hours over a 36-month reporting period. This credit can only be awarded to individuals who are required to complete at least 45 hours of continuing education during that 36-month period.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Read and referred to the committee on Senate Rules (on 03/29/2018)

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