HB 14-1185 Summary

• Creates a limited lines travel insurance producer license allowing individuals and businesses to sell, solicit, or negotiate travel insurance through licensed insurers under commissioner oversight.

• Defines travel insurance as coverage for personal risks during planned travel including trip cancellation, baggage loss, accommodation damage, and medical emergencies, excluding major medical plans for trips lasting six months or longer.

• Authorizes travel retailers to offer and disseminate travel insurance on behalf of limited lines producers without requiring full insurance licensing, provided they disclose coverage terms, claim procedures, and insurer information to customers.

• Exempts limited lines travel insurance producers and registered travel retailers from prelicensure education, continuing education, and examination requirements, but requires employee training on insurance types, ethical sales practices, and required disclosures.

• Makes limited lines producers responsible for ensuring registered travel retailers comply with requirements and subjects them to disciplinary action by the insurance commissioner for violations.