Producer Appointment Legislation Clears Senate; Soon Headed to the Governor
This afternoon the Senate unanimously passed
House Bill 6444, sponsored by Rep. Jason Wentworth, to modernize the producer appointment language in the insurance code. It will soon be on its way to the governor’s desk for his signature.
If you recall from past
News Now e-newsletters, MAIA has led the way on this legislation. MAIA CEO Bev Barney and Legislative Committee member David Walker testified before the Insurance Committees to help educate legislators on how the industry currently conducts business. Currently, producers who place admitted insurance coverage through a third party are in violation of the insurance code. This legislation fixes that problem.
Stay tuned for more legislative updates during the lame duck session.
