North Carolina 2025-2026 Regular Session

North Carolina House Bill H737 Latest Draft

Bill / Amended Version Filed 04/03/2025

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