North Carolina 2025-2026 Regular Session

North Carolina House Bill H737 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1	1		GENERAL ASSEMBLY OF NORTH CAROLINA
2	2		SESSION 2025
3		-	H 1
4		-	HOUSE BILL 737
	3	+	H D
	4	+	HOUSE BILL DRH40421-NE-89
	5	+
5	6
6	7
7	8		Short Title: Licensing Course Removal/Insurance Producers. (Public)
8		-	Sponsors: Representatives Humphrey and Balkcom (Primary Sponsors).
9		-	For a complete list of sponsors, refer to the North Carolina General Assembly web site.
10		-	Referred to: Insurance, if favorable, Finance, if favorable, Rules, Calendar, and Operations of
11		-	the House
12		-	April 3, 2025
13		-	H737 -v-1
	9	+	Sponsors: Representative Humphrey.
	10	+	Referred to:
	11	+
	12	+	DRH40421 -NE-89
14	13		A BILL TO BE ENTITLED 1
15	14		AN ACT TO ELIMINATE THE TRAINING COURSE REQUIREMENTS FOR INSURANCE 2
16	15		PRODUCER LICENSURE. 3
17	16		The General Assembly of North Carolina enacts: 4
18	17		SECTION 1. G.S. 58-33-30 reads as rewritten: 5
19	18		"§ 58-33-30. License requirements. 6
20	19		The Commissioner shall not issue or continue any license of an insurance producer, limited 7
21	20		representative, adjuster, or motor vehicle damage appraiser except as follows: 8
22	21		… 9
23	22		(d) Education and Training. – 10
24	23		(1) Each applicant must have had special education, training, or 11
25	24		experience of sufficient duration and extent reasonably to satisfy the 12
26	25		Commissioner that the applicant possesses the competence necessary 13
27	26		to fulfill the responsibilities of an insurance producer, limited 14
28	27		representative, adjuster, or motor vehicle damage appraiser. The 15
29	28		Commissioner shall not require an individual who applies for an 16
30	29		insurance producer license in this State to complete any specific 17
31	30		amount of instruction or any specific course of instruction. 18
32	31		(2) All individual applicants for licensing as insurance producers under 19
33	32		G.S. 58-33-26(c1)(1), (2), (4), (6), or (7) shall furnish evidence 20
34	33		satisfactory to the Commissioner of successful completion of at least 21
35	34		20 hours of instruction for each license, which shall in all cases include 22
36	35		the general principles of insurance and any other topics relevant to the 23
37	36		license that the Commissioner establishes by administrative rules. Any 24
38	37		applicant who submits satisfactory evidence of having successfully 25
39	38		completed a producer training course that has been approved by the 26
40	39		Commissioner and that is offered by or under the auspices of a 27
41	40		property, casualty, life or accident and health or sickness insurance 28
42	41		company admitted to do business in this State or a professional 29
43	42		insurance association shall be deemed to have satisfied the educational 30
44	43		requirements of this subdivision.Any producer training course 31
45	44		developed for the purpose of preparing an applicant for the 32
46	45		examination required by subsection (e) of this section must be 33
47		-	approved by the Commissioner. 34 General Assembly Of North Carolina Session 2025
48		-	Page 2 House Bill 737-First Edition
49		-	(3) Each resident applicant for a Medicare supplement and long-term care 1
50		-	insurance license shall furnish evidence satisfactory to the 2
51		-	Commissioner of successful completion of 10 hours of instruction, 3
52		-	which shall in all cases include the principles of Medicare supplement 4
53		-	and long-term care insurance and federal and North Carolina law 5
54		-	relating to such insurance. A resident applicant who submits 6
55		-	satisfactory evidence of having successfully completed a producer 7
56		-	training course that has been approved by the Commissioner and that 8
57		-	is offered by or under the auspices of a licensed life or health insurer 9
58		-	or a professional insurance association satisfies the educational 10
59		-	requirements of this subdivision. 11
60		-	(e) Examination. – 12
61		-	… 13
62		-	(5) The Commissioner shall collect in advance the examination and 14
63		-	registration fees provided in G.S. 58-33-125 and in subsection 15
64		-	subdivision (4) of this section. subsection. The Commissioner shall 16
65		-	make or cause to be made available to all applicants, for a reasonable 17
66		-	fee to offset the costs of production, materials that he considers 18
67		-	necessary for the applicants' proper preparation for examinations. The 19
68		-	Commissioner may contract directly with publishers and other 20
69		-	suppliers for the production of the preparatory materials, and contracts 21
70		-	so let by the Commissioner shall not be subject to Article 3 of Chapter 22
71		-	143 of the General Statutes. However, the Commissioner shall: (i) 23
72		-	submit all proposed contracts for supplies, materials, printing, 24
73		-	equipment, and contractual services that exceed one million dollars 25
74		-	($1,000,000) authorized by this subdivision to the Attorney General or 26
75		-	the Attorney General's designee for review as provided in 27
76		-	G.S. 114-8.3; and (ii) include in all contracts to be awarded by the 28
77		-	Commissioner under this subdivision a standard clause which provides 29
78		-	that the State Auditor and internal auditors of the Commissioner may 30
79		-	audit the records of the contractor during and after the term of the 31
80		-	contract to verify accounts and data affecting fees and performance. 32
81		-	The Commissioner shall not award a cost plus percentage of cost 33
82		-	contract for any purpose. 34
83		-	…." 35
84		-	SECTION 2. G.S. 58-33-32 reads as rewritten: 36
85		-	"§ 58-33-32. Interstate reciprocity in producer licensing. 37
86		-	… 38
87		-	(g) An individual who applies for an insurance producer license in this State who was 39
88		-	previously licensed for the same lines of authority in that individual's home state shall not be 40
89		-	required to complete any prelicensing education or examination. This exemption is available only 41
90		-	if: 42
91		-	…." 43
92		-	SECTION 3. This act becomes effective October 1, 2025, and applies to licensure 44
93		-	applications submitted on or after that date. 45
	46	+	approved by the Commissioner. 34
	47	+	(3) Each resident applicant for a Medicare supplement and long-term care 35
	48	+	insurance license shall furnish evidence satisfactory to the 36
	49	+	H.B. 737
	50	+	Apr 2, 2025
	51	+	HOUSE PRINCIPAL CLERK General Assembly Of North Carolina Session 2025
	52	+	Page 2 DRH40421-NE-89
	53	+	Commissioner of successful completion of 10 hours of instruction, 1
	54	+	which shall in all cases include the principles of Medicare supplement 2
	55	+	and long-term care insurance and federal and North Carolina law 3
	56	+	relating to such insurance. A resident applicant who submits 4
	57	+	satisfactory evidence of having successfully completed a producer 5
	58	+	training course that has been approved by the Commissioner and that 6
	59	+	is offered by or under the auspices of a licensed life or health insurer 7
	60	+	or a professional insurance association satisfies the educational 8
	61	+	requirements of this subdivision. 9
	62	+	(e) Examination. – 10
	63	+	… 11
	64	+	(5) The Commissioner shall collect in advance the examination and 12
	65	+	registration fees provided in G.S. 58-33-125 and in subsection 13
	66	+	subdivision (4) of this section. subsection. The Commissioner shall 14
	67	+	make or cause to be made available to all applicants, for a reasonable 15
	68	+	fee to offset the costs of production, materials that he considers 16
	69	+	necessary for the applicants' proper preparation for examinations. The 17
	70	+	Commissioner may contract directly with publishers and other 18
	71	+	suppliers for the production of the preparatory materials, and contracts 19
	72	+	so let by the Commissioner shall not be subject to Article 3 of Chapter 20
	73	+	143 of the General Statutes. However, the Commissioner shall: (i) 21
	74	+	submit all proposed contracts for supplies, materials, printing, 22
	75	+	equipment, and contractual services that exceed one million dollars 23
	76	+	($1,000,000) authorized by this subdivision to the Attorney General or 24
	77	+	the Attorney General's designee for review as provided in 25
	78	+	G.S. 114-8.3; and (ii) include in all contracts to be awarded by the 26
	79	+	Commissioner under this subdivision a standard clause which provides 27
	80	+	that the State Auditor and internal auditors of the Commissioner may 28
	81	+	audit the records of the contractor during and after the term of the 29
	82	+	contract to verify accounts and data affecting fees and performance. 30
	83	+	The Commissioner shall not award a cost plus percentage of cost 31
	84	+	contract for any purpose. 32
	85	+	…." 33
	86	+	SECTION 2. G.S. 58-33-32 reads as rewritten: 34
	87	+	"§ 58-33-32. Interstate reciprocity in producer licensing. 35
	88	+	… 36
	89	+	(g) An individual who applies for an insurance producer license in this State who was 37
	90	+	previously licensed for the same lines of authority in that individual's home state shall not be 38
	91	+	required to complete any prelicensing education or examination. This exemption is available only 39
	92	+	if: 40
	93	+	…." 41
	94	+	SECTION 3. This act becomes effective October 1, 2025, and applies to licensure 42
	95	+	applications submitted on or after that date. 43