Relating to consumer protections in the purchase of life settlement contracts; imposing penalties.
Relating to the regulation of certain transactions related to life insurance and related products; providing penalties.
Relating to life settlements and the sale, exchange, or replacement of life insurance and annuity contracts.
Relating to the regulation of secondary market transactions related to the business of life settlements; providing penalties; authorizing fees.
Relating to the regulation of secondary market transactions related to the business of life settlements; providing penalties; authorizing fees.
Relating to the regulation of secondary market transactions related to the business of life settlements; providing penalties; authorizing fees.
Providing for the establishment of a web-based online insurance verification system for the verification of evidence of motor vehicle liability insurance, eliminating the requirement that the commissioner of insurance submit certain reports to the governor and requiring certain reports be available on the insurance department's website, removing certain entities from the definition of person for the purpose of enforcing insurance law, requiring that third party administrators maintain separate fiduciary accounts for individual payors and prohibiting the commingling of funds held on behalf of multiple payors, requiring the disclosure to the commissioner of insurance of any bankruptcy petition filed by or on behalf of such administrator pursuant to the United State bankruptcy code, requiring title agents to make their reports available for inspection upon request of the commissioner of insurance instead of submitting such reports annually, standardizing the amount of surety bonds filed with the commissioner of insurance at $100,000 and eliminating the small business exemption in certain counties.
Requiring title agents to make their audit reports available for inspection instead of submitting such reports annually, requiring the amount of surety bonds filed with the commissioner of insurance to be $100,000, eliminating the controlled business exemption in certain counties.