Bill To Streamline Licensing Of Agents Sails Through House

Law360, New York (September 11, 2013, 3:53 PM EDT) -- The U.S. House of Representatives on Tuesday overwhelmingly approved a bill that would create a national clearinghouse to license insurance agents and brokers who work in multiple states, legislation that supporters say will ease long-standing regulatory headaches.

The House passed H.R. 1155 on Tuesday with a 397-6 vote, nearly six months after Rep. Randy Neugebauer, R-Texas, introduced the measure.

The National Association of Registered Agents and Brokers Reform Act would eliminate redundant, costly and sometimes contradictory requirements for licensing in different states, according to Neugebauer, the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.