INSURANCE DEPARTMENT: Provides for fees collected by the commissioner of insurance (EN +$5,311,560 SG RV See Note)

Increased the annual financial regulation fee for health maintenance organizations, domestic and foreign companies, vehicle mechanical breakdown insurers, and property residual value insurers from $1,000 to $2,000.

Raised the fee for producer license applications to add lines of insurance from $50 to $75.

Increased the initial company appointment fee for producers from $30 to $45.

Raised the annual renewal company appointment fee for individual producers from $20 to $35.

Changed the producer renewal fee structure from a tiered system ($50 for one line, $55 for multiple lines) to a flat rate of $75 for one or more lines.

Increased claims adjuster first-time applicant fees from $55 to $75 and renewal fees from $50 to $75.

Increased public adjuster first-time applicant fees from $55 to $75 and renewal fees from $50 to $75.

Set the effective date for these changes to January 1, 2026.

Increased the fee for a first-time producer application to add lines of insurance from $50 to $75.

Raised the initial company appointment fee for producers from $30 to $45.

Increased the annual renewal fee for individual company appointments from $20 to $35.

Changed the producer renewal fee structure to a flat rate of $75 for one or more lines of insurance, replacing the previous tiered system.

Increased claims adjuster and public adjuster first-time applicant fees from $55 to $75.

Raised the biannual renewal fees for claims adjusters and public adjusters from $50 to $75.

Doubled the annual financial regulation fee for health maintenance organizations and other insurers from $1,000 to $2,000.