2021 Pennsylvania Consolidated & Unconsolidated Statutes
Act 46 - INSURANCE DEPARTMENT ACT OF 1921 - POWERS AND DUTIES OF DEPARTMENT, APPLICATION FOR INSURANCE PRODUCER LICENSE, LICENSE RENEWALS AND PROHIBITED ACTS

Session of 2021

No. 2021-46

 

HB 1349

 

AN ACT

 

Amending the act of May 17, 1921 (P.L.789, No.285), entitled "An act relating to insurance; establishing an insurance department; and amending, revising, and consolidating the law relating to the licensing, qualification, regulation, examination, suspension, and dissolution of insurance companies, Lloyds associations, reciprocal and inter-insurance exchanges, and certain societies and orders, the examination and regulation of fire insurance rating bureaus, and the licensing and regulation of insurance agents and brokers; the service of legal process upon foreign insurance companies, associations or exchanges; providing penalties, and repealing existing laws," in insurance producers, further providing for powers and duties of department, for application for insurance producer license, for license renewals and for prohibited acts.

 

The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows:

 

Section 1.  Sections 602-A(b)(1), 605-A(a)(2), 608-A(a) and 611-A(19) of the act of May 17, 1921 (P.L.789, No.285), known as The Insurance Department Act of 1921, are amended to read:

Section 602-A.  Powers and duties of department.

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(b)  Authorizations.--The commissioner may do all of the following:

(1)  Secure or require any documents or information, including fingerprints, reasonably necessary to verify the accuracy of information provided on an application. The information provided under this subsection shall not be limited by 18 Pa.C.S. § 9121(b)(2) (relating to general regulations).

* * *

Section 605-A.  Application for insurance producer license.

(a)  Individual application.--An applicant with a principal place of residence or business within this Commonwealth may apply to the department for a resident insurance producer license. An applicant with a principal place of residence or business outside this Commonwealth may apply for a nonresident insurance producer license. An applicant shall submit to the department:

* * *

(2)  the applicant's fingerprints, in order for the department to receive national criminal history records information from the Federal Bureau of Investigation Criminal Justice Information Services Division[;], and the information provided under this subsection shall not be limited by 18 Pa.C.S. § 9121(b)(2) (relating to general regulations);

* * *

Section 608-A.  License renewals.

(a)  General rule.--A licensee may request renewal of the license. The licensee shall remit to the department a completed renewal form, the required fee and verification that the licensee has completed the continuing education required by this act. A resident licensee that has not previously submitted fingerprints to the department shall also submit the licensee's fingerprints and the fee in order to permit the department to receive national criminal history records information from the Federal Bureau of Investigation Criminal Justice Information Services Division. Upon receipt and review, the department shall renew the license unless it determines that the licensee is not in compliance with this act. The information provided under this subsection shall not be limited by 18 Pa.C.S. § 9121(b)(2) (relating to general regulations).

* * *

Section 611-A.  Prohibited acts.

A licensee or applicant for an insurance producer license shall not:

* * *

(19)  Fail to notify the department of a change of address, telephone number and email address within 30 days.

* * *

Section 2.  This act shall take effect in 60 days.

 

APPROVED--The 30th day of June, A.D. 2021.

 

TOM WOLF

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