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MO HB1841
Bill
Status
3/30/2010
Primary Sponsor
Kevin Wilson
Click for details
AI Summary
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Applies examination review requirements exclusively to life insurance producer license examinations in Missouri.
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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.
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Requires the department to collect demographic information including race, gender, and national origin from examination takers in compliance with applicable privacy laws.
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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.
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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