Sec. 4001.160. TRAINING OF APPLICANT FOR TEMPORARY LICENSE. (a) An agent, insurer, or health maintenance organization that is considering appointment of a temporary license applicant as its agent shall provide at least 40 hours of training to the applicant not later than the 14th day after the date the application, nonrefundable fee, and certificate are delivered or mailed to the department.
(b) At least 10 hours of the training must be taught in a classroom setting, including:
(1) an accredited college, university, junior college, or community college;
(2) a business school; or
(3) a private institute or classes sponsored by the agent, insurer, or health maintenance organization and specifically established for that purpose.
(c) The training program must be designed to provide an applicant with basic knowledge of:
(1) the broad principles of insurance, including the licensing and regulatory laws of this state;
(2) the broad principles of health maintenance organizations, including membership requirements and related licensing and regulatory laws of this state; and
(3) the ethical obligations and duties of an agent.
(d) If the department determines under Section 4001.159 that an abuse of temporary appointment powers has occurred, the department may require the affected agent, insurer, or health maintenance organization to:
(1) file with the department a description of the agent's, insurer's, or health maintenance organization's training program; and
(2) obtain the approval of the department before continuing to use the training program.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Section: Previous 4001.153 4001.154 4001.155 4001.156 4001.157 4001.158 4001.159 4001.160 4001.161 4001.162 4001.201 4001.202 4001.203 4001.204 4001.205 NextLast modified: September 28, 2016