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Senate Bill 0171


Senate Bill 0171

ARCHIVE (2007)

Latest Information

 

DIGEST OF SB 171 (Updated April 27, 2007 3:39 pm - DI 69)


Insurance product sales. Provides that engaging in certain dishonest or predatory insurance practices in marketing or sales of insurance to members of the United States armed forces constitutes an unfair and deceptive act and practice in the business of insurance. Allows the insurance commissioner to adopt rules to define and protect members of the United States armed forces from dishonest or predatory insurance practices. Makes the law concerning annuity purchase or exchange recommendations made to senior consumers apply to all consumers and requires the department of insurance to adopt rules to implement the law.
    Current Status:
     Law Enacted
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