2006 Senate Bill 997

Democratic insurance package

Introduced in the Senate

Jan. 24, 2006

Introduced by Sen. Michael Switalski (D-10)

To prohibit an insurance agent from accepting compensation for finding insurance for a consumer and also receiving a commission or fee from the insurance company unless the agent has the customer's permission and discloses how much he or she will get from the insurance company. This is part of a Democratic insurance regulation package.

Referred to the Committee on Banking and Financial Institutions