Insurance: license examinations.

Existing law requires the Insurance Commissioner to give, at least once each month, in each of the cities in which they have an office, qualifying examinations for agent licenses. Existing law requires every qualifying examination to be in writing and to be of sufficient scope to satisfy the commissioner that the applicant has sufficient knowledge of, and is reasonably familiar with, the insurance laws of this state and with the provisions, terms, and conditions of the insurance that may be transacted pursuant to the license sought, and that the applicant has a general and fair understanding of the obligations and duties of the holder of that license. Existing law, until January 1, 2024, requires the examination for a life agent or accident and health or sickness agent license be provided in English and Spanish. Existing law also requires the commissioner to evaluate the Spanish exam and report the results , and specified information, to the Legislature. This bill would require the examination for a license for a life agent, accident and health or sickness agent, property broker-agent, and casualty broker-agent to be provided in English, Spanish, Simplified Chinese, Vietnamese, Korean, and, commencing July 1, 2024, Tagalog. This bill would require the commissioner to report specified information, including the number of people taking the non-English exams, and first-time pass rate.