Congress reignites push for multistate insurance agent licensing | Insurance & Financial Advisor I IFAwebnews.com

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Congress reignites push for multistate insurance agent licensing

If proposed legislation being considered by a Senate subcommittee makes its way through Congress and becomes law as planned, an insurance agent in Pennsylvania could easily sell a policy to a potential client in Florida or California without a lengthy application process to become licensed in another state.

Little opposition exists within the Senate Subcomittee on Securities, Insurance and Investment, where a hearing was held on a bill introduced to streamline insurance producer licensing nationwide.

Sen. Jon Tester

The subcommittee, chaired by a Democrat intent on seeing passage of license streamlining, is part of the Senate Committee on Banking, Housing and Urban Affairs.

The House passed similar legislation last year, but ... http://insure.ucoz.com/news/insurance_agents_license/2013-07-03-4433