MD
Maryland House Bill HB265

Maryland 2024 Regular Session

Maryland House Bill HB265 Compare Versions

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1- WES MOORE, Governor Ch. 874
21
3-– 1 –
4-Chapter 874
5-(House Bill 265)
62
7-AN ACT concerning
3+EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
4+ [Brackets] indicate matter deleted from existing law.
5+ Underlining indicates amendments to bill.
6+ Strike out indicates matter stricken from the bill by amendment or deleted from the law by
7+amendment.
8+ *hb0265*
89
9-Insurance – Producer Licensing Requirements – Education and Experience
10+HOUSE BILL 265
11+C4, J5 4lr1801
12+ CF SB 336
13+By: Delegate Qi
14+Introduced and read first time: January 12, 2024
15+Assigned to: Economic Matters and Health and Government Operations
16+Committee Report: Favorable with amendments
17+House action: Adopted
18+Read second time: March 1, 2024
1019
11-FOR the purpose of repealing the requirements for education and experience for licensing
12-certain insurance producers, including producers for property and casualty
13-insurance, life insurance, health insurance, annuities, certain limited lines, and
14-related products; and generally relating to requirements for licensing insurance
15-producers.
20+CHAPTER ______
1621
17-BY repealing and reenacting, with amendments,
18- Article – Insurance
19-Section 10–104, 10–105, 10–108, 10–109, 10–119(b) and (h), 10–120(a), 10–122(a),
20-10–124(a), and 10–125(d)
21- Annotated Code of Maryland
22- (2017 Replacement Volume and 2023 Supplement)
22+AN ACT concerning 1
2323
24- SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND,
25-That the Laws of Maryland read as follows:
24+Insurance – Producer Licensing Requirements – Education and Experience 2
2625
27-Article – Insurance
26+FOR the purpose of repealing the requirements for education and experience for licensing 3
27+certain insurance producers, including producers for property and casualty 4
28+insurance, life insurance, health insurance, annuities, certain limited lines, and 5
29+related products; and generally relating to requirements for licensing insurance 6
30+producers. 7
2831
29-10–104.
32+BY repealing and reenacting, with amendments, 8
33+ Article – Insurance 9
34+Section 10–104, 10–105, 10–108, 10–109, 10–119(b) and (h), 10–120(a), 10–122(a), 10
35+10–124(a), and 10–125(d) 11
36+ Annotated Code of Maryland 12
37+ (2017 Replacement Volume and 2023 Supplement) 13
3038
31- (a) This section applies to:
39+ SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 14
40+That the Laws of Maryland read as follows: 15
3241
33- (1) a license to act as an insurance producer for insurance other than life
34-insurance, health insurance, or annuities;
42+Article – Insurance 16
3543
36- (2) a limited lines license to act as an insurance producer for limited line
37-credit insurance other than credit life insurance or credit health insurance; and
44+10–104. 17
3845
39- (3) a limited lines license to act as an insurance producer for a line of
40-insurance described in §§ 10–122 through 10–125 of this subtitle.
46+ (a) This section applies to: 18
47+ 2 HOUSE BILL 265
4148
42- (b) To qualify for a license to which this section applies, an individual applicant
43-must meet the requirements of this section.
4449
45- (c) An applicant must be of good character and trustworthy based on the
46-standards of § 10–126 of this subtitle.
50+ (1) a license to act as an insurance producer for insurance other than life 1
51+insurance, health insurance, or annuities; 2
4752
48- (d) An applicant must be at least 18 years of age.
49- Ch. 874 2024 LAWS OF MARYLAND
53+ (2) a limited lines license to act as an insurance producer for limited line 3
54+credit insurance other than credit life insurance or credit health insurance; and 4
5055
51-– 2 –
52- (e) An applicant may not have committed any act that the Commissioner finds
53-would warrant denial of a license under § 10–126 of this subtitle.
56+ (3) a limited lines license to act as an insurance producer for a line of 5
57+insurance described in §§ 10–122 through 10–125 of this subtitle. 6
5458
55- (f) [(1) Except as otherwise provided in this section:
59+ (b) To qualify for a license to which this section applies, an individual applicant 7
60+must meet the requirements of this section. 8
5661
57- (i) so that the applicant is reasonably familiar with the kind or
58-subdivision of insurance for which the applicant wants to be licensed, the applicant must
59-complete successfully a program of studies that has been established or approved by the
60-Commissioner;
62+ (c) An applicant must be of good character and trustworthy based on the 9
63+standards of § 10–126 of this subtitle. 10
6164
62- (ii) during the 3 years immediately preceding the date of application,
63-the applicant must have been employed regularly for periods totaling at least 1 year:
65+ (d) An applicant must be at least 18 years of age. 11
6466
65- 1. by the Administration as an employee or by an insurer or
66-insurance producer; and
67+ (e) An applicant may not have committed any act that the Commissioner finds 12
68+would warrant denial of a license under § 10–126 of this subtitle. 13
6769
68- 2. in responsible insurance duties in connection with the
69-kind or subdivision of insurance for which the applicant wants to be licensed; or
70+ (f) [(1) Except as otherwise provided in this section: 14
7071
71- (iii) during the 3 years immediately preceding the date of entering or
72-immediately after discharge from the armed forces of the United States, the applicant must
73-have been employed regularly for periods totaling at least 1 year:
72+ (i) so that the applicant is reasonably familiar with the kind or 15
73+subdivision of insurance for which the applicant wants to be licensed, the applicant must 16
74+complete successfully a program of studies that has been established or approved by the 17
75+Commissioner; 18
7476
75- 1. by an insurer or insurance producer; and
77+ (ii) during the 3 years immediately preceding the date of application, 19
78+the applicant must have been employed regularly for periods totaling at least 1 year: 20
7679
77- 2. in connection with the kind or subdivision of insurance for
78-which the applicant wants to be licensed.
80+ 1. by the Administration as an employee or by an insurer or 21
81+insurance producer; and 22
7982
80- (2)] In the case of an applicant for a limited lines license to act as an insurance
81-producer for limited line credit insurance, the applicant shall complete successfully a
82-program of instruction that is:
83+ 2. in responsible insurance duties in connection with the 23
84+kind or subdivision of insurance for which the applicant wants to be licensed; or 24
8385
84- (i) provided by an insurer that sells, solicits, or negotiates limited
85-line credit insurance; and
86+ (iii) during the 3 years immediately preceding the date of entering or 25
87+immediately after discharge from the armed forces of the United States, the applicant must 26
88+have been employed regularly for periods totaling at least 1 year: 27
8689
87- (ii) approved by the Commissioner.
90+ 1. by an insurer or insurance producer; and 28
8891
89- (g)] Except as otherwise provided in this section, the applicant must pass an
90-examination given by the Commissioner under this subtitle.
92+ 2. in connection with the kind or subdivision of insurance for 29
93+which the applicant wants to be licensed. 30
94+ HOUSE BILL 265 3
9195
92- [(h) The Commissioner may waive the requirements of subsection (f) of this section
93-for an applicant for a license for property insurance or casualty insurance if the applicant:
9496
95- (1) (i) has been conferred the Chartered Property Casualty
96-Underwriter (C.P.C.U.) designation by The American Institute for Chartered Property
97-Casualty Underwriters; and WES MOORE, Governor Ch. 874
97+ (2)] In the case of an applicant for a limited lines license to act as an insurance 1
98+producer for limited line credit insurance, the applicant shall complete successfully a 2
99+program of instruction that is: 3
98100
99-– 3 –
101+ (i) provided by an insurer that sells, solicits, or negotiates limited 4
102+line credit insurance; and 5
100103
101- (ii) is a member in good standing of the Society of Chartered
102-Property and Casualty Underwriters;
104+ (ii) approved by the Commissioner. 6
103105
104- (2) has been conferred the designation of Fellow of the Casualty Actuarial
105-Society;
106+ (g)] Except as otherwise provided in this section, the applicant must pass an 7
107+examination given by the Commissioner under this subtitle. 8
106108
107- (3) has been conferred the designation of Certified Insurance Counselor
108-(CIC) by the Society of Certified Insurance Counselors; or
109+ [(h) The Commissioner may waive the requirements of subsection (f) of this section 9
110+for an applicant for a license for property insurance or casualty insurance if the applicant: 10
109111
110- (4) has been conferred the designation of:
112+ (1) (i) has been conferred the Chartered Property Casualty 11
113+Underwriter (C.P.C.U.) designation by The American Institute for Chartered Property 12
114+Casualty Underwriters; and 13
111115
112- (i) Accredited Adviser in Insurance (AAI); or
116+ (ii) is a member in good standing of the Society of Chartered 14
117+Property and Casualty Underwriters; 15
113118
114- (ii) Associate in Risk Management (ARM).]
119+ (2) has been conferred the designation of Fellow of the Casualty Actuarial 16
120+Society; 17
115121
116- [(i)] (G) (H) An applicant for a limited lines license to act as an insurance producer
117-for limited line credit insurance need not meet the examination requirements of subsection
118-[(g)] (F) of this section.
122+ (3) has been conferred the designation of Certified Insurance Counselor 18
123+(CIC) by the Society of Certified Insurance Counselors; or 19
119124
120- [(j)] (H) (I) An applicant may be licensed as to any particular kind or kinds of
121-insurance.
125+ (4) has been conferred the designation of: 20
122126
123-10–105.
127+ (i) Accredited Adviser in Insurance (AAI); or 21
124128
125- (a) To qualify for a license as an insurance producer for life insurance, health
126-insurance, annuities, nonprofit health service plans, dental plan organizations, health
127-maintenance organizations, or fraternal benefit societies an individual applicant must meet
128-the requirements of this section.
129+ (ii) Associate in Risk Management (ARM).] 22
129130
130- (b) An applicant must be of good character and trustworthy based on the
131-standards of § 10–126 of this subtitle.
131+ [(i)] (G) (H) An applicant for a limited lines license to act as an insurance producer 23
132+for limited line credit insurance need not meet the examination requirements of subsection 24
133+[(g)] (F) of this section. 25
132134
133- (c) An applicant must be at least 18 years of age.
135+ [(j)] (H) (I) An applicant may be licensed as to any particular kind or kinds of 26
136+insurance. 27
134137
135- (d) An applicant may not have committed any act that the Commissioner finds
136-would warrant denial of a license under § 10–126 of this subtitle.
138+10–105. 28
137139
138- (e) [(1) So that the applicant is reasonably familiar with the kind or subdivision
139-of insurance for which the applicant wants to be licensed:
140+ (a) To qualify for a license as an insurance producer for life insurance, health 29
141+insurance, annuities, nonprofit health service plans, dental plan organizations, health 30 4 HOUSE BILL 265
140142
141- (i) the applicant must complete successfully a program of studies
142-that has been established or approved by the Commissioner;
143143
144- (ii) during the 3 years immediately preceding the date of application,
145-the applicant must have been employed regularly for periods totaling at least 1 year: Ch. 874 2024 LAWS OF MARYLAND
144+maintenance organizations, or fraternal benefit societies an individual applicant must meet 1
145+the requirements of this section. 2
146146
147-– 4 –
147+ (b) An applicant must be of good character and trustworthy based on the 3
148+standards of § 10–126 of this subtitle. 4
148149
149- 1. by the Administration as an employee or by an insurer or
150-insurance producer; and
150+ (c) An applicant must be at least 18 years of age. 5
151151
152- 2. in responsible insurance duties in connection with the
153-kind or subdivision of insurance for which the applicant wants to be licensed; or
152+ (d) An applicant may not have committed any act that the Commissioner finds 6
153+would warrant denial of a license under § 10–126 of this subtitle. 7
154154
155- (iii) during the 3 years immediately preceding the date of entering or
156-immediately after discharge from the armed forces of the United States, the applicant must
157-have been employed regularly for periods totaling at least 1 year:
155+ (e) [(1) So that the applicant is reasonably familiar with the kind or subdivision 8
156+of insurance for which the applicant wants to be licensed: 9
158157
159- 1. by an insurer or insurance producer; and
158+ (i) the applicant must complete successfully a program of studies 10
159+that has been established or approved by the Commissioner; 11
160160
161- 2. in connection with the kind or subdivision of insurance for
162-which the applicant wants to be licensed.
161+ (ii) during the 3 years immediately preceding the date of application, 12
162+the applicant must have been employed regularly for periods totaling at least 1 year: 13
163163
164- (2)] In the case of an applicant for a limited lines license to act as an insurance
165-producer for credit life insurance or credit health insurance, the applicant shall successfully
166-complete a program of instruction that is:
164+ 1. by the Administration as an employee or by an insurer or 14
165+insurance producer; and 15
167166
168- (i) provided by an insurer that sells, solicits, or negotiates limited
169-line credit insurance; and
167+ 2. in responsible insurance duties in connection with the 16
168+kind or subdivision of insurance for which the applicant wants to be licensed; or 17
170169
171- (ii) approved by the Commissioner.
170+ (iii) during the 3 years immediately preceding the date of entering or 18
171+immediately after discharge from the armed forces of the United States, the applicant must 19
172+have been employed regularly for periods totaling at least 1 year: 20
172173
173- [(3) The Commissioner may waive the requirement of paragraph (1)(i) of
174-this subsection for life insurance for an applicant who:
174+ 1. by an insurer or insurance producer; and 21
175175
176- (i) 1. has been conferred the Chartered Life Underwriter
177-(C.L.U.) designation by the American College of Life Underwriters; and
176+ 2. in connection with the kind or subdivision of insurance for 22
177+which the applicant wants to be licensed. 23
178178
179- 2. is a member in good standing of the American Society of
180-Chartered Life Underwriters; or
179+ (2)] In the case of an applicant for a limited lines license to act as an insurance 24
180+producer for credit life insurance or credit health insurance, the applicant shall successfully 25
181+complete a program of instruction that is: 26
181182
182- (ii) has been conferred the designation of:
183+ (i) provided by an insurer that sells, solicits, or negotiates limited 27
184+line credit insurance; and 28
183185
184- 1. Fellow of the Society of Actuaries;
186+ (ii) approved by the Commissioner. 29
185187
186- 2. Certified Employee Benefit Specialist (C.E.B.S.);
188+ [(3) The Commissioner may waive the requirement of paragraph (1)(i) of 30
189+this subsection for life insurance for an applicant who: 31
190+ HOUSE BILL 265 5
187191
188- 3. Chartered Financial Consultant (ChFC);
189192
190- 4. Certified Insurance Counselor (CIC);
193+ (i) 1. has been conferred the Chartered Life Underwriter 1
194+(C.L.U.) designation by the American College of Life Underwriters; and 2
191195
192- 5. Certified Financial Planner (CFP);
193- WES MOORE, Governor Ch. 874
196+ 2. is a member in good standing of the American Society of 3
197+Chartered Life Underwriters; or 4
194198
195-– 5 –
196- 6. Fellow, Life Management Institute (FLMI); or
199+ (ii) has been conferred the designation of: 5
197200
198- 7. Life Underwriter Training Council Fellow (LUTCF).
201+ 1. Fellow of the Society of Actuaries; 6
199202
200- (4) The Commissioner may waive the requirement of paragraph (1)(i) of
201-this subsection for health insurance for an applicant who has been conferred the
202-designation of:
203+ 2. Certified Employee Benefit Specialist (C.E.B.S.); 7
203204
204- (i) Registered Health Underwriter (RHU);
205+ 3. Chartered Financial Consultant (ChFC); 8
205206
206- (ii) Certified Employee Benefit Specialist (C.E.B.S.);
207+ 4. Certified Insurance Counselor (CIC); 9
207208
208- (iii) Registered Employee Benefit Consultant (REBC); or
209+ 5. Certified Financial Planner (CFP); 10
209210
210- (iv) Health Insurance Associate (HIA).]
211+ 6. Fellow, Life Management Institute (FLMI); or 11
211212
212- (f)] Before taking a written examination, an applicant shall[:
213+ 7. Life Underwriter Training Council Fellow (LUTCF). 12
213214
214- (1) demonstrate to the Commissioner that the applicant has completed the
215-requirements set out by the Commissioner, including the requirements of subsection (e) of
216-this section; and
215+ (4) The Commissioner may waive the requirement of paragraph (1)(i) of 13
216+this subsection for health insurance for an applicant who has been conferred the 14
217+designation of: 15
217218
218- (2)] pay the application fee required under § 2–112(a)(6)(vi) of this article.
219+ (i) Registered Health Underwriter (RHU); 16
219220
220- [(g)] (F) (1) Except as otherwise provided in this subsection, the applicant
221-must pass an examination given by the Commissioner under this subtitle.
221+ (ii) Certified Employee Benefit Specialist (C.E.B.S.); 17
222222
223- (2) The following applicants are not required to take an examination:
223+ (iii) Registered Employee Benefit Consultant (REBC); or 18
224224
225- (i) an applicant for a license to act as an insurance producer only for
226-selling credit life insurance or credit accident and health insurance or both to a borrower of
227-money or buyer of goods in connection with a loan or credit transaction;
225+ (iv) Health Insurance Associate (HIA).] 19
228226
229- (ii) an applicant for a license to act as an insurance producer for a
230-dental plan organization if the applicant for compensation solicited, procured, or negotiated
231-contracts for dental plan organizations continuously from July 1, 1988, to June 30, 1989;
227+ (f)] Before taking a written examination, an applicant shall[: 20
232228
233- (iii) an applicant for a license to act as an insurance producer for a
234-nonprofit health service plan if the applicant for compensation solicited, procured, or
235-negotiated contracts for nonprofit health service plans continuously from July 1, 1988, to
236-June 30, 1989; or
229+ (1) demonstrate to the Commissioner that the applicant has completed the 21
230+requirements set out by the Commissioner, including the requirements of subsection (e) of 22
231+this section; and 23
237232
238- (iv) an applicant for a license to act as an insurance producer for a
239-health maintenance organization if the applicant for compensation solicited, procured, or
240-negotiated contracts for health maintenance organizations continuously from July 1, 1988,
241-to June 30, 1989. Ch. 874 2024 LAWS OF MARYLAND
233+ (2)] pay the application fee required under § 2–112(a)(6)(vi) of this article. 24
242234
243-– 6 –
235+ [(g)] (F) (1) Except as otherwise provided in this subsection, the applicant 25
236+must pass an examination given by the Commissioner under this subtitle. 26
244237
245- [(h)] (G) An applicant may be licensed as to any particular kind or kinds of
246-insurance.
238+ (2) The following applicants are not required to take an examination: 27
239+ 6 HOUSE BILL 265
247240
248-10–108.
249241
250- (a) An individual applicant who otherwise qualifies for a license for insurance
251-other than life insurance, health insurance, or annuities is entitled to be examined as
252-provided in this section.
242+ (i) an applicant for a license to act as an insurance producer only for 1
243+selling credit life insurance or credit accident and health insurance or both to a borrower of 2
244+money or buyer of goods in connection with a loan or credit transaction; 3
253245
254- (b) To determine the competence of an individual applicant as to the kind or
255-subdivision of insurance for which the applicant wants to become licensed, the applicant
256-shall pass a written examination that relates to that kind or subdivision of insurance.
246+ (ii) an applicant for a license to act as an insurance producer for a 4
247+dental plan organization if the applicant for compensation solicited, procured, or negotiated 5
248+contracts for dental plan organizations continuously from July 1, 1988, to June 30, 1989; 6
257249
258- (c) The Commissioner shall adopt reasonable regulations that specify:
250+ (iii) an applicant for a license to act as an insurance producer for a 7
251+nonprofit health service plan if the applicant for compensation solicited, procured, or 8
252+negotiated contracts for nonprofit health service plans continuously from July 1, 1988, to 9
253+June 30, 1989; or 10
259254
260- (1) the scope, type, conduct, and grading of the written examinations; AND
255+ (iv) an applicant for a license to act as an insurance producer for a 11
256+health maintenance organization if the applicant for compensation solicited, procured, or 12
257+negotiated contracts for health maintenance organizations continuously from July 1, 1988, 13
258+to June 30, 1989. 14
261259
262- (2) the frequency, times, and locations within the State where the written
263-examinations will be held[; and
260+ [(h)] (G) An applicant may be licensed as to any particular kind or kinds of 15
261+insurance. 16
264262
265- (3) the educational requirements for an individual applicant to be eligible
266-to take a written examination].
263+10–108. 17
267264
268- (d) Before taking a written examination, an individual applicant shall[:
265+ (a) An individual applicant who otherwise qualifies for a license for insurance 18
266+other than life insurance, health insurance, or annuities is entitled to be examined as 19
267+provided in this section. 20
269268
270- (1) (i) demonstrate to the Commissioner that the applicant has
271-completed the educational requirements set out by the Commissioner; or
269+ (b) To determine the competence of an individual applicant as to the kind or 21
270+subdivision of insurance for which the applicant wants to become licensed, the applicant 22
271+shall pass a written examination that relates to that kind or subdivision of insurance. 23
272272
273- (ii) submit to the Commissioner at the time of the examination an
274-affidavit from the employer of the applicant stating facts that show compliance with the
275-applicable requirements of § 10–104(h)(2) or (3) of this subtitle, if the applicant qualifies by
276-meeting the experience requirements of § 10–104(h)(2) or (3) of this subtitle; and
273+ (c) The Commissioner shall adopt reasonable regulations that specify: 24
277274
278- (2)] pay the application fee required under § 2–112(a)(6)(vi) of this article.
275+ (1) the scope, type, conduct, and grading of the written examinations; AND 25
279276
280- (e) All written examinations shall be graded within 30 days following the date of
281-the examination.
277+ (2) the frequency, times, and locations within the State where the written 26
278+examinations will be held[; and 27
282279
283- (f) An individual applicant who fails an examination may not take another
284-examination until at least 4 days after the date of the last examination that the applicant
285-failed.
280+ (3) the educational requirements for an individual applicant to be eligible 28
281+to take a written examination]. 29
286282
287-10–109.
288- WES MOORE, Governor Ch. 874
283+ (d) Before taking a written examination, an individual applicant shall[: 30
289284
290-– 7 –
291- (a) An individual applicant who otherwise qualifies for a license for life insurance,
292-health insurance, annuities, nonprofit health service plans, dental plan organizations, or
293-health maintenance organizations is entitled to be examined as provided in this section.
285+ (1) (i) demonstrate to the Commissioner that the applicant has 31
286+completed the educational requirements set out by the Commissioner; or 32
287+ HOUSE BILL 265 7
294288
295- (b) (1) Each individual applicant must pass a personal written examination to
296-determine:
297289
298- (i) the competence of the applicant as to life insurance, health
299-insurance, or annuities or to any subdivision of them, including contracts for nonprofit
300-health service plans, vision plans, dental plan organizations, and health maintenance
301-organizations; and
290+ (ii) submit to the Commissioner at the time of the examination an 1
291+affidavit from the employer of the applicant stating facts that show compliance with the 2
292+applicable requirements of § 10–104(h)(2) or (3) of this subtitle, if the applicant qualifies by 3
293+meeting the experience requirements of § 10–104(h)(2) or (3) of this subtitle; and 4
302294
303- (ii) the familiarity of the applicant with the applicable laws of the
304-State.
295+ (2)] pay the application fee required under § 2–112(a)(6)(vi) of this article. 5
305296
306- (2) Each examination must be graded within 30 days after the date of the
307-examination.
297+ (e) All written examinations shall be graded within 30 days following the date of 6
298+the examination. 7
308299
309- (c) An individual applicant who fails an examination may not take another
310-examination until at least 4 days after the date of the last examination that the applicant
311-failed.
300+ (f) An individual applicant who fails an examination may not take another 8
301+examination until at least 4 days after the date of the last examination that the applicant 9
302+failed. 10
312303
313- (d) The Commissioner shall adopt reasonable regulations that specify:
304+10–109. 11
314305
315- (1) the scope, type, conduct, and grading of the written examinations; AND
306+ (a) An individual applicant who otherwise qualifies for a license for life insurance, 12
307+health insurance, annuities, nonprofit health service plans, dental plan organizations, or 13
308+health maintenance organizations is entitled to be examined as provided in this section. 14
316309
317- (2) the frequency, times, and places in the State where the written
318-examinations will be held[; and
310+ (b) (1) Each individual applicant must pass a personal written examination to 15
311+determine: 16
319312
320- (3) subject to § 10–105(e) of this subtitle, the educational requirements for
321-an individual applicant to be eligible to take a written examination].
313+ (i) the competence of the applicant as to life insurance, health 17
314+insurance, or annuities or to any subdivision of them, including contracts for nonprofit 18
315+health service plans, vision plans, dental plan organizations, and health maintenance 19
316+organizations; and 20
322317
323-10–119.
318+ (ii) the familiarity of the applicant with the applicable laws of the 21
319+State. 22
324320
325- (b) (1) Subject to paragraph (2) of this subsection and unless denied a license
326-under § 10–126 of this subtitle, a person that is not a resident of this State may obtain a
327-nonresident license to act as an insurance producer if:
321+ (2) Each examination must be graded within 30 days after the date of the 23
322+examination. 24
328323
329- (i) the person currently is licensed as a resident insurance producer
330-and in good standing in the person’s home state;
324+ (c) An individual applicant who fails an examination may not take another 25
325+examination until at least 4 days after the date of the last examination that the applicant 26
326+failed. 27
331327
332- (ii) the person has submitted or transmitted to the Commissioner
333-the application for licensure that the person submitted to the person’s home state or a
334-completed uniform application;
335- Ch. 874 2024 LAWS OF MARYLAND
328+ (d) The Commissioner shall adopt reasonable regulations that specify: 28
336329
337-– 8 –
338- (iii) the person has paid the applicable fee under § 2–112 of this
339-article; and
330+ (1) the scope, type, conduct, and grading of the written examinations; AND 29
340331
341- (iv) the person’s home state awards nonresident insurance producer
342-licenses to residents of this State on the same basis.
332+ (2) the frequency, times, and places in the State where the written 30
333+examinations will be held[; and 31
343334
344- (2) An individual who applies for an insurance producer license in this
345-State who was previously licensed for the same lines of authority in another state need not
346-comply with the [education, experience, and] examination requirements of §§ 10–104,
347-10–105, and 10–107 through 10–109 of this subtitle if:
335+ (3) subject to § 10–105(e) of this subtitle, the educational requirements for 32
336+an individual applicant to be eligible to take a written examination]. 33 8 HOUSE BILL 265
348337
349- (i) the person currently is licensed as an insurance producer in the
350-home state of the person;
351338
352- (ii) the application is received by the Commissioner within 90 days
353-after the cancellation of the applicant’s previous license and the prior state issues a
354-certification that, at the time of cancellation, the applicant was in good standing in that
355-state; or
356339
357- (iii) the state’s producer database records, maintained by the
358-National Association of Insurance Commissioners, its affiliates or subsidiaries, indicate
359-that the producer is or was licensed in good standing for the line of authority requested.
340+10–119. 1
360341
361- (h) (1) A person licensed as an insurance producer in another state who moves
362-to this State shall apply to become licensed as a resident insurance producer under §
363-10–111 of this subtitle within 90 days after establishing legal residence in this State.
342+ (b) (1) Subject to paragraph (2) of this subsection and unless denied a license 2
343+under § 10–126 of this subtitle, a person that is not a resident of this State may obtain a 3
344+nonresident license to act as an insurance producer if: 4
364345
365- (2) If the person applies to become licensed as a resident insurance
366-producer within 90 days after establishing legal residence in the State, the person need not
367-comply with the [education, experience, and] examination requirements of §§ 10–104,
368-10–105, and 10–107 through 10–109 of this subtitle to obtain a license for any line of
369-authority that the person previously held in the prior state, except where the Commissioner
370-determines otherwise by regulation.
346+ (i) the person currently is licensed as a resident insurance producer 5
347+and in good standing in the person’s home state; 6
371348
372-10–120.
349+ (ii) the person has submitted or transmitted to the Commissioner 7
350+the application for licensure that the person submitted to the person’s home state or a 8
351+completed uniform application; 9
373352
374- (a) Without regard to the [education, experience, or] examination requirements
375-of this subtitle, the Commissioner may issue a temporary license to act as an insurance
376-producer to an individual if the individual:
353+ (iii) the person has paid the applicable fee under § 2–112 of this 10
354+article; and 11
377355
378- (1) is otherwise qualified; and
356+ (iv) the person’s home state awards nonresident insurance producer 12
357+licenses to residents of this State on the same basis. 13
379358
380- (2) is:
359+ (2) An individual who applies for an insurance producer license in this 14
360+State who was previously licensed for the same lines of authority in another state need not 15
361+comply with the [education, experience, and] examination requirements of §§ 10–104, 16
362+10–105, and 10–107 through 10–109 of this subtitle if: 17
381363
382- (i) the surviving spouse, next of kin, personal representative, or
383-appointee of the personal representative, of a deceased insurance producer; WES MOORE, Governor Ch. 874
364+ (i) the person currently is licensed as an insurance producer in the 18
365+home state of the person; 19
384366
385-– 9 –
367+ (ii) the application is received by the Commissioner within 90 days 20
368+after the cancellation of the applicant’s previous license and the prior state issues a 21
369+certification that, at the time of cancellation, the applicant was in good standing in that 22
370+state; or 23
386371
387- (ii) the spouse, next of kin, employee, or legal guardian of a mentally
388-or physically disabled insurance producer; or
372+ (iii) the state’s producer database records, maintained by the 24
373+National Association of Insurance Commissioners, its affiliates or subsidiaries, indicate 25
374+that the producer is or was licensed in good standing for the line of authority requested. 26
389375
390- (iii) an employee of a firm, or an officer or employee of a corporation,
391-of a deceased or disabled insurance producer.
376+ (h) (1) A person licensed as an insurance producer in another state who moves 27
377+to this State shall apply to become licensed as a resident insurance producer under § 28
378+10–111 of this subtitle within 90 days after establishing legal residence in this State. 29
392379
393-10–122.
380+ (2) If the person applies to become licensed as a resident insurance 30
381+producer within 90 days after establishing legal residence in the State, the person need not 31
382+comply with the [education, experience, and] examination requirements of §§ 10–104, 32
383+10–105, and 10–107 through 10–109 of this subtitle to obtain a license for any line of 33
384+authority that the person previously held in the prior state, except where the Commissioner 34
385+determines otherwise by regulation. 35 HOUSE BILL 265 9
394386
395- (a) Without regard to the [education, experience, or] examination requirements
396-of this subtitle, the Commissioner may issue a limited lines license to an individual who or
397-a business entity that sells travel insurance.
398387
399-10–124.
400388
401- (a) Without regard to the [education, experience, or] examination requirements
402-of this subtitle, the Commissioner may issue a limited lines license to an individual who is
403-employed by a health maintenance organization solely to solicit membership in the health
404-maintenance organization under a contract:
389+10–120. 1
405390
406- (1) between the health maintenance organization and the Maryland
407-Department of Health; and
391+ (a) Without regard to the [education, experience, or] examination requirements 2
392+of this subtitle, the Commissioner may issue a temporary license to act as an insurance 3
393+producer to an individual if the individual: 4
408394
409- (2) in accordance with which the Maryland Department of Health obtains
410-prepaid comprehensive health care services for recipients of medical assistance under §
411-15–105 of the Health – General Article.
395+ (1) is otherwise qualified; and 5
412396
413-10–125.
397+ (2) is: 6
414398
415- (d) Notwithstanding any other provision of this subtitle:
399+ (i) the surviving spouse, next of kin, personal representative, or 7
400+appointee of the personal representative, of a deceased insurance producer; 8
416401
417- (1) (i) the licensing, bonding, [education, experience,] and examination
418-requirements of this subtitle relating to title insurance producers do not apply to law firms;
419-and
402+ (ii) the spouse, next of kin, employee, or legal guardian of a mentally 9
403+or physically disabled insurance producer; or 10
420404
421- (ii) except as otherwise provided in paragraph (2) of this subsection,
422-the bonding[, education, experience,] and examination requirements of this subtitle
423-relating to title insurance producers do not apply to attorneys.
405+ (iii) an employee of a firm, or an officer or employee of a corporation, 11
406+of a deceased or disabled insurance producer. 12
424407
425- (2) The bonding requirements of this subtitle are applicable to:
408+10–122. 13
426409
427- (i) an attorney or an association of attorneys who own, operate, or
428-share an interest in a title agency; and
410+ (a) Without regard to the [education, experience, or] examination requirements 14
411+of this subtitle, the Commissioner may issue a limited lines license to an individual who or 15
412+a business entity that sells travel insurance. 16
429413
430- (ii) an attorney who is employed by a title agency as a title insurance
431-producer. Ch. 874 2024 LAWS OF MARYLAND
414+10–124. 17
432415
433-– 10 –
416+ (a) Without regard to the [education, experience, or] examination requirements 18
417+of this subtitle, the Commissioner may issue a limited lines license to an individual who is 19
418+employed by a health maintenance organization solely to solicit membership in the health 20
419+maintenance organization under a contract: 21
434420
435- SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
436-October 1, 2024.
421+ (1) between the health maintenance organization and the Ma ryland 22
422+Department of Health; and 23
437423
438-Approved by the Governor, May 16, 2024.
424+ (2) in accordance with which the Maryland Department of Health obtains 24
425+prepaid comprehensive health care services for recipients of medical assistance under § 25
426+15–105 of the Health – General Article. 26
427+
428+10–125. 27
429+
430+ (d) Notwithstanding any other provision of this subtitle: 28
431+
432+ (1) (i) the licensing, bonding, [education, experience,] and examination 29
433+requirements of this subtitle relating to title insurance producers do not apply to law firms; 30
434+and 31 10 HOUSE BILL 265
435+
436+
437+
438+ (ii) except as otherwise provided in paragraph (2) of this subsection, 1
439+the bonding[, education, experience,] and examination requirements of this subtitle 2
440+relating to title insurance producers do not apply to attorneys. 3
441+
442+ (2) The bonding requirements of this subtitle are applicable to: 4
443+
444+ (i) an attorney or an association of attorneys who own, operate, or 5
445+share an interest in a title agency; and 6
446+
447+ (ii) an attorney who is employed by a title agency as a title insurance 7
448+producer. 8
449+
450+ SECTION 2. AND BE IT FURTHER ENACTED, That thi s Act shall take effect 9
451+October 1, 2024. 10
452+
453+
454+
455+
456+Approved:
457+________________________________________________________________________________
458+ Governor.
459+________________________________________________________________________________
460+ Speaker of the House of Delegates.
461+________________________________________________________________________________
462+ President of the Senate.