assembly Bill A9527A

2017-2018 Legislative Session

Relates to licensing requirements for insurance agents

download bill text pdf

Sponsored By

Current Bill Status - Passed Senate & Assembly


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (12)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 18, 2018 returned to assembly
passed senate
3rd reading cal.1052
substituted for s7634a
Jun 05, 2018 referred to rules
delivered to senate
passed assembly
May 31, 2018 advanced to third reading cal.1013
May 30, 2018 reported
Apr 26, 2018 print number 9527a
Apr 26, 2018 amend and recommit to insurance
Jan 19, 2018 referred to insurance

Co-Sponsors

A9527 - Details

See Senate Version of this Bill:
S7634A
Law Section:
Insurance Law
Laws Affected:
Amd §2103, Ins L

A9527 - Summary

Allows an individual to substitute correspondence work for classroom work when applying for an insurance agent license.

A9527 - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  9527

                          I N  A S S E M B L Y

                            January 19, 2018
                               ___________

Introduced  by M. of A. WOERNER -- read once and referred to the Commit-
  tee on Insurance

AN ACT to amend the insurance law, in relation to licensing requirements
  for insurance agents

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Subparagraph  (B)  of  paragraph  2  of subsection (f) of
section 2103 of the insurance law, as amended by chapter 687 of the laws
of 2003, is amended to read as follows:
  (B) For individuals seeking to  qualify  to  obtain  a  license  under
subsection (b) of this section, not more than six types of examinations,
each adapted to test the qualifications of an individual with respect to
the  kinds of insurance business specified in such classification. Every
such individual shall be required to pass the type or types of  examina-
tion prescribed by the superintendent for the line or lines of authority
for which the license is sought. No individual shall be deemed qualified
to  take  the  examination unless he shall have successfully completed a
course or courses, approved as to method and content by the  superinten-
dent,  covering  the  principal  branches  of the insurance business and
requiring not less than ninety hours of classroom work OR THE EQUIVALENT
IN CORRESPONDENCE WORK OR A  SIMILAR  INSTITUTION,  in  institutions  of
learning meeting the standards prescribed by paragraph one of subsection
(a)  of section two thousand one hundred four of this article; provided,
however, with respect to a license issued pursuant to subsection (b)  of
this  section  for a personal line of authority, there shall be required
not less than forty hours of such classroom work OR  THE  EQUIVALENT  IN
CORRESPONDENCE WORK OR A SIMILAR INSTITUTION.
  S 2. This act shall take effect immediately.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD13792-01-7

Co-Sponsors

A9527A (ACTIVE) - Details

See Senate Version of this Bill:
S7634A
Law Section:
Insurance Law
Laws Affected:
Amd §2103, Ins L

A9527A (ACTIVE) - Summary

Allows an individual to substitute correspondence work for classroom work when applying for an insurance agent license.

A9527A (ACTIVE) - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 9527--A

                          I N  A S S E M B L Y

                            January 19, 2018
                               ___________

Introduced  by  M.  of A. WOERNER, LUPARDO, HUNTER, MORELLE -- read once
  and referred to the Committee on Insurance  --  committee  discharged,
  bill  amended,  ordered  reprinted  as amended and recommitted to said
  committee

AN ACT to amend the insurance law, in relation to licensing requirements
  for insurance agents

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Subparagraph  (B)  of  paragraph  2  of subsection (f) of
section 2103 of the insurance law, as amended by chapter 687 of the laws
of 2003, is amended to read as follows:
  (B) For individuals seeking to  qualify  to  obtain  a  license  under
subsection (b) of this section, not more than six types of examinations,
each adapted to test the qualifications of an individual with respect to
the  kinds of insurance business specified in such classification. Every
such individual shall be required to pass the type or types of  examina-
tion prescribed by the superintendent for the line or lines of authority
for which the license is sought. No individual shall be deemed qualified
to  take  the  examination unless he shall have successfully completed a
course or courses, approved as to method and content by the  superinten-
dent,  covering  the  principal  branches  of the insurance business and
requiring not less than ninety hours of classroom work OR THE EQUIVALENT
IN CORRESPONDENCE WORK, A COURSE OFFERED OVER THE INTERNET OR A  SIMILAR
INSTITUTION,   in   institutions   of  learning  meeting  the  standards
prescribed by paragraph one of subsection (a) of  section  two  thousand
one  hundred  four of this article; provided, however, with respect to a
license issued pursuant to subsection (b) of this section for a personal
line of authority, there shall be required not less than forty hours  of
such  classroom  work OR THE EQUIVALENT IN CORRESPONDENCE WORK, A COURSE
OFFERED OVER THE INTERNET OR A SIMILAR INSTITUTION.
  S 2. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD13792-03-8

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