BILL NUMBER: SB 439 CHAPTERED 07/26/99 CHAPTER 186 FILED WITH SECRETARY OF STATE JULY 26, 1999 APPROVED BY GOVERNOR JULY 26, 1999 PASSED THE SENATE JULY 15, 1999 PASSED THE ASSEMBLY JULY 8, 1999 AMENDED IN ASSEMBLY JUNE 24, 1999 AMENDED IN SENATE MAY 6, 1999 INTRODUCED BY Senator Poochigian FEBRUARY 16, 1999 An act to amend Section 1749.3 of the Insurance Code, relating to insurance. LEGISLATIVE COUNSEL'S DIGEST SB 439, Poochigian. Insurance: fire and casualty broker-agents and life agents. Existing law imposes certain continuing education requirements on persons licensed either as life agents or casualty broker-agents, but not as both. This bill would make certain technical nonsubstantive changes in that provision. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 1749.3 of the Insurance Code is amended to read: 1749.3. An individual licensed as either a life agent or a fire and casualty broker-agent, but not as both, shall complete those courses, programs of instruction, or seminars approved by the commissioner for the type of license held. The minimum number of hours required is as follows: (a) During each of the first four 12-month periods following the date of the original license issuance, a minimum of 25 hours. (b) Any licensee who has held a license prior to the effective date of this section, or who has complied with subdivision (a), shall satisfactorily complete 30 hours of instruction prior to renewal of the license. These hours of instruction may be completed at any time prior to renewal of the license. (c) An individual licensed as both a fire and casualty broker-agent and as a life agent shall satisfy the requirements of this section by demonstrating completion of the courses, programs of instruction, or seminars approved by the commissioner for either license. (d) Any life agent who wishes to sell 24-hour care coverage, as defined in Section 1749.02, shall complete a course, program of instruction, or seminar of an approved continuing education provider on workers' compensation and general principles of employer liability, which shall be completed by examination approved by the commissioner as part of the continuing education course, program of instruction, or seminar prior to selling this coverage. The required number of instruction hours shall be equal to but no greater than that required by the curriculum board for the prelicensing requirements of a fire and casualty broker-agent on these subjects. This requirement shall be part of, and not in addition to, the continuing education requirement of this section. Nothing in this section shall be deemed to allow a life agent to satisfy the obligations set forth in this section by other than a proctored examination administered or approved by the department. (e) A licensee shall not be required to comply with the requirements of this article if the licensee submits proof satisfactory to the commissioner that he or she has been a licensee in good standing for 30 continuous years in this state and is 70 years of age or older.