Insurance producer license; require testing service administering examinations to adhere to National Association of Insurance Commissioners Standards.
Approved by Governor
Summary
The bill directs the state insurance commissioner to contract an external testing organization to develop, administer, and score insurance producer licensing exams in line with National Association of Insurance Commissioners (NAIC) best practices. It applies to individuals seeking a producer license, requiring them to pay a nonrefundable fee and to retake the exam if they miss or fail it. The law takes effect July 1, 2026.
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