California AB943 amends the Insurance Code to revise prelicensing education standards for insurance agents.

California AB943 amends the Insurance Code to revise prelicensing education standards for insurance agents. It requires new applicants for various insurance licenses to complete 12 hours of study on ethics and the code, including one hour on insurance fraud. The bill also mandates that the commissioner appoint a curriculum board to develop the license examination and continuing education curriculum. The curriculum board can approve standards for business management practices, which may constitute up to 25% of the agent or broker requirements for license renewal.

California AB943 amends the Insurance Code to revise prelicensing education standards for insurance agents.

California AB943 amends the Insurance Code to revise prelicensing education standards for insurance agents. It requires new applicants for various insurance licenses to complete 12 hours of study on ethics and the code, including one hour on insurance fraud. The bill also mandates that the commissioner appoint a curriculum board to develop the license examination and continuing education curriculum. The curriculum board can approve standards for business management practices, which may constitute up to 25% of the agent or broker requirements for license renewal.