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Committee approves bill extending insurer notice to agents to 60 days
2226212 · January 29, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Lawmakers passed a bill that lengthens the notice period insurance companies must give agents before a rate increase, from 30 days to 60 days to provide agents more lead time to advise customers.
A brief bill to extend insurer notice time to agents passed the committee by voice vote.
The sponsor told the committee that…
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