No. SB 1306
Filed under Insurance.
Criminal Activity of Insurance Professionals; Requiring the Department of Law Enforcement to accept and process certain fingerprints; requiring persons submitting fingerprints to bear the cost of state and federal processing; authorizing the department to exchange certain records with the Office of Insurance Regulation for certain purposes; requiring the office to review the results of certain background checks and to make a certain determination, etc.
Plain English Summary
AI-GENERATEDA new law requires the Department of Law Enforcement to fingerprint and run criminal background checks on incorporators, officers, employees, contractors, stockholders, directors, owners, members, managers, and volunteers who help organize, operate, or manage an insurer.
Everyone required to submit fingerprints, including unpaid volunteers, must personally pay the state and federal processing fees, plus the ongoing cost of keeping their fingerprints on file.
The Office of Insurance Regulation must review each background check and decide whether the person meets the requirements to hold a certificate of authority, certification, or license -- and those records must be used to grant, deny, suspend, or revoke one.
AIThe Department of Law Enforcement must accept and process fingerprints from incorporators, officers, employees, contractors, stockholders, directors, owners, members, managers, and even unpaid volunteers connected to organizing, operating, or managing any authorized insurer.
AIThe Office of Insurance Regulation must review every background check and determine if the person qualifies, and the resulting criminal history records must be used to decide whether to issue, deny, suspend, or revoke a certificate of authority, certification, or license.
AIEvery person required to submit fingerprints -- including volunteers who serve without pay -- must personally cover the state and federal processing costs; neither the insurer nor the state pays on their behalf.
AIBeyond the one-time processing fee, the person being screened must also cover the continuing cost of retaining their fingerprints in the state's biometric identification system.
AIThe Department of Law Enforcement may share state or federal criminal history records with the Office of Insurance Regulation so it can decide whether to issue or continue a certificate of authority, certification, or license.