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ARIZONA STATE SENATE
Fifty-Fifth Legislature, First Regular Session
insurance; continuing education; proctor prohibited
Purpose
Prohibits the Department of Insurance and Financial Institutions (DIFI) from requiring a proctor to administer any required post-course examination for a self-study continuing education course that an insurance producer completes online.
Background
An insurance producer is a person required to be licensed to sell, solicit or negotiate insurance in Arizona. To qualify for renewal of an insurance producer license, an insurance producer must have completed the required credit hours of approved insurance continuing education courses offered by an approved provider, with certain exceptions. An insurance producer may receive credit for a particular approved course only once during a single license period. After the licensee completes an approved continuing education course, the approved provider must furnish the licensee with a certificate of compliance. The Director of DIFI may not renew an individual insurance producer's license without evidence that the insurance producer has completed the prescribed credit hours (A.R.S. §§ 20-281 and 20-2902).
There is no anticipated fiscal impact to the state General Fund associated with this legislation.
Provisions
1. Prohibits DIFI from requiring a proctor to administer any required post-course examination for a self-study continuing education course that an individual insurance producer completes online.
2. Becomes effective on the general effective date.
Prepared by Senate Research
January 25, 2021
MG/gs