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HB 604 - This act modifies provisions relating to the regulation of insurance. CERTIFICATES OF SELF-INSURANCE (Section 303.220) This act specifies that a religious denomination that has more than 25 members with motor vehicles and "discourages", rather than "prohibits", its members from purchasing insurance, as being contrary to its religious tenets, may obtain a certificate of self-insurance from the Director of the Department of Revenue. This provision is identical to SB 29 (2021) and SB 915 (2020), and substantially similar to HB 1851 (2020). CONTINUING EDUCATION CREDITS FOR INSURANCE PRODUCERS (Section 375.029) This act specifies that an insurance producer's active participation in a local, regional, state, or national professional insurance association may be approved by the Director of the Department of Commerce and Insurance for up to four hours of continuing education credit per biannual reporting period. Credit granted under these provisions shall not be used to satisfy continuing education hours required to be in a classroom or classroom-equivalent setting, or to satisfy ethics education requirements. These provisions are substantially similar to SB 548 (2021) and HB 1114 (2021), and similar to HCS/HB 1647 (2020). ERIC VANDER WEERD
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