Loading chat...
MS SB2735
Bill
AI Summary
-
Increases statewide privilege taxes for insurance adjusters from $100 to $100 for individuals and from an unspecified amount to $400 for incorporated companies, firms, or associations.
-
Makes privilege licenses effective on the date of issuance rather than on a delayed effective date.
-
Excludes multi-peril crop insurance (MPCI) adjusters from the definition of "adjuster" under Mississippi insurance law.
-
Revises continuing education requirements for insurance adjusters and public adjusters to 12 hours for licenses in effect 18 months or less, and 24 hours (including 3 hours on ethics) for licenses in effect more than 18 months.
-
Changes license expiration periods for individual adjusters and public adjusters to align with the licensee's birthday in the second year following issuance or renewal, with a minimum term of 13 months.
Legislative Description
Insurance adjuster and public adjuster licensing; revise certain provisions regarding.
Last Action
Died On Calendar
2/15/2010