North Carolina 2025-2026 Regular Session

North Carolina Senate Bill S377 Latest Draft

Bill / Amended Version Filed 03/24/2025

                            GENERAL ASSEMBLY OF NORTH CAROLINA 
SESSION 2025 
S 	1 
SENATE BILL 377 
 
 
Short Title: Licensing Course Removal/Insurance Producers. 	(Public) 
Sponsors: Senator Johnson (Primary Sponsor). 
Referred to: Rules and Operations of the Senate 
March 24, 2025 
*S377 -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 
(3) Each resident applicant for a Medicare supplement and long-term care 35 
insurance license shall furnish evidence satisfactory to the 36  General Assembly Of North Carolina 	Session 2025 
Page 2  Senate Bill 377-First Edition 
Commissioner of successful completion of 10 hours of instruction, 1 
which shall in all cases include the principles of Medicare supplement 2 
and long-term care insurance and federal and North Carolina law 3 
relating to such insurance. A resident applicant who submits 4 
satisfactory evidence of having successfully completed a producer 5 
training course that has been approved by the Commissioner and that 6 
is offered by or under the auspices of a licensed life or health insurer 7 
or a professional insurance association satisfies the educational 8 
requirements of this subdivision. 9 
(e) Examination. – 10 
… 11 
(5) The Commissioner shall collect in advance the examination and 12 
registration fees provided in G.S. 58-33-125 and in subsection 13 
subdivision (4) of this section. subsection. The Commissioner shall 14 
make or cause to be made available to all applicants, for a reasonable 15 
fee to offset the costs of production, materials that he considers 16 
necessary for the applicants' proper preparation for examinations. The 17 
Commissioner may contract directly with publishers and other 18 
suppliers for the production of the preparatory materials, and contracts 19 
so let by the Commissioner shall not be subject to Article 3 of Chapter 20 
143 of the General Statutes. However, the Commissioner shall: (i) 21 
submit all proposed contracts for supplies, materials, printing, 22 
equipment, and contractual services that exceed one million dollars 23 
($1,000,000) authorized by this subdivision to the Attorney General or 24 
the Attorney General's designee for review as provided in 25 
G.S. 114-8.3; and (ii) include in all contracts to be awarded by the 26 
Commissioner under this subdivision a standard clause which provides 27 
that the State Auditor and internal auditors of the Commissioner may 28 
audit the records of the contractor during and after the term of the 29 
contract to verify accounts and data affecting fees and performance. 30 
The Commissioner shall not award a cost plus percentage of cost 31 
contract for any purpose. 32 
…." 33 
SECTION 2. G.S. 58-33-32 reads as rewritten: 34 
"§ 58-33-32.  Interstate reciprocity in producer licensing. 35 
… 36 
(g) An individual who applies for an insurance producer license in this State who was 37 
previously licensed for the same lines of authority in that individual's home state shall not be 38 
required to complete any prelicensing education or examination. This exemption is available only 39 
if: 40 
…." 41 
SECTION 3. This act becomes effective October 1, 2025, and applies to licensure 42 
applications submitted on or after that date. 43