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Committee approves bill clarifying nonresident insurance licenses, adding adjuster education requirements
Summary
House Bill 12 39 will allow Arkansas to inactivate a nonresident insurance producer/adjuster/consultant license when the licensee’s home‑state license lapses and removes an adjuster exemption by requiring prescribed coursework before taking the Arkansas adjuster exam; the committee passed the bill as amended by voice vote.
House Bill 12 39 was presented to clarify how Arkansas treats nonresident insurance producers, adjusters and consultants when a license in the home state becomes inactive and to require specific courses for adjuster applicants before they sit for the Arkansas exam.
The sponsor explained that the bill makes clear a nonresident Arkansas license becomes inactive if the…
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