HB 4178 — Insurance: producers; continuing education credit carryover system for insurance producers who belong to a professional insurance association; provide for. Amends sec. 1204c of 1956 PA 218 (MCL 500.1204c).

HB-4178, As Passed House, May 7, 2025 HOUSE BILL NO.

The director may establish a schedule for license continuation that staggers DAW H01446'25_HB4178_INTR_1H01446'25_HB4178_APH_1 1gceiykxharc 1 license continuation dates to apportion the continuation dates throughout the calendar year.

(vi) Principal provisions used in life insurance contracts, DAW H01446'25_HB4178_INTR_1H01446'25_HB4178_APH_1 1gceiykxharc 1 health insurance contracts, or annuity contracts and differences in types of coverages.

(4) A provider of a program of study for insurance producers applying for approval or reapproval from the director under this section shall file, on a form provided by the director, a description of the course of study including a description of the subject matter and course materials, hours of instruction, location DAW H01446'25_HB4178_INTR_1H01446'25_HB4178_APH_1 1gceiykxharc 1 of classroom, qualifications of instructors, and maximum student- instructor ratio and shall pay a nonrefundable $25.00 filing fee.

If the director finds that the petition was not submitted in good faith, that the petition if true shows that the program of study does not satisfy the criteria in subsection (3), or that the petition otherwise justifies holding a hearing, the director shall hold a hearing under chapter 4 of the administrative procedures act of 1969, 1969 PA 306, MCL 24.271 to 24.287, 24.288, DAW H01446'25_HB4178_INTR_1H01446'25_HB4178_APH_1 1gceiykxharc 1 within 30 days after receipt of the petition and on not less than 10 days' written notice to the petitioner and the provider of the program of study.

DAW H01446'25_HB4178_INTR_1H01446'25_HB4178_APH_1 1gceiykxharc 1 (9) The director shall waive the continuing education requirements of this section for an insurance producer if the producer is unable to comply with the continuing education requirements of this section because of military service or if the director determines that enforcement of the requirements would cause a severe hardship.

An insurance producer whose license has been canceled under this DAW H01446'25_HB4178_INTR_1H01446'25_HB4178_APH_1 1gceiykxharc 1 section may reapply for a license to act as an insurance producer under section 1204.

(13) After 1 year after the effective date of the amendatory act that added subsection (14), June 30, 2018, for a review date of an applicable 2-year period under subsection (1), all of the DAW H01446'25_HB4178_INTR_1H01446'25_HB4178_APH_1 1gceiykxharc 1 following apply:

(i) The producer or the insurance agency is a dues-paying member of the local, regional, state, or national professional DAW H01446'25_HB4178_INTR_1H01446'25_HB4178_APH_1 1gceiykxharc 1 insurance association.

(c) The director shall not credit the 4 hours under subdivision (a) unless the director approves the professional DAW H01446'25_HB4178_INTR_1H01446'25_HB4178_APH_1 1gceiykxharc 1 insurance association as a continuing education provider under this section.

DAW H01446'25_HB4178_INTR_1H01446'25_HB4178_APH_1 1gceiykxharc 1 (15) For a review date after December 31, 2025, any activity by an insurance producer, as determined by the director, may be credited as an hour toward the 24 hours of continuing education classes or home study or online training required under subsection (2).

DAW H01446'25_HB4178_INTR_1H01446'25_HB4178_APH_1 1gceiykxharc (c) "Life-health agent" means a resident or nonresident individual insurance producer licensed for life, limited life, mortgage redemption, or accident and health or a combination of life, limited life, mortgage redemption, or accident and health.

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