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MO HB1841

Bill

Status

Engrossed

3/30/2010

Primary Sponsor

Kevin Wilson

Click for details

Origin

House of Representatives

2010 Regular Session

AI Summary

  • Applies examination review requirements exclusively to life insurance producer license examinations in Missouri.

  • Triggers a mandatory review by the Department of Insurance director (or contracted vendor) if first-time examinee pass rates fall below 70% during any 12-month period starting September 1.

  • Requires the department to collect demographic information including race, gender, and national origin from examination takers in compliance with applicable privacy laws.

  • Mandates an annual report indicating whether examination pass rate disparities exist based on demographic information, delivered to the governor, lieutenant governor, and legislative leaders by December 1 each year.

  • Director may establish rules through the rulemaking process under chapter 536 to implement demographic data collection and ensure examination reviews are conducted properly, with initial report due by December 1, 2011.

Legislative Description

Requires a review process for life insurance producer license examinations if the overall pass rate of first-time examinees is less than 70% during any 12-month period beginning on September 1

Last Action

Second Read and Referred: Small Business, Insurance, and Industry (S)

3/31/2010

Committee Referrals

Small Business, Insurance And Industry3/31/2010
Rules2/24/2010
Insurance Policy2/10/2010

Full Bill Text

No bill text available