Mr. President:
The Business and Labor Committee reports a favorable recommendation on S.B. 230,
INSURANCE MODIFICATIONS, by Senator J. Stevenson, with the following amendments:
Respectfully,
Curtis S. Bramble
Voting: 5-0-2
1. Page
7, Lines 192 through 196
:
192
(1) "Limited lines travel insurance producer" means one of the following designated
by
193
an insurer as the travel insurance supervising entity as provided in Subsection
31A-23a-905
(4):
194
(a) a licensed managing general underwriter;
}
195
(b)
}
(a)
a licensed managing general agent or third party administrator; or
196
(c)
}
(b)
a licensed insurance producer, including a limited lines producer.
Committee Chair
3 SB0230.SC1.wpd bhowe/BRH PO/BRH 2/25/14 5:55 pm
Bill Number
*SB0230*
SB0230