Consolidates the licensing system for agents and brokers into a single producer license; repealer

This bill, A 8065, consolidates the existing licensing system for insurance agents and brokers into a single "producer" license. It amends various sections of the insurance law, replacing references to "agent" with "producer" in contexts related to licensing examinations and general licensing requirements. The legislation streamlines the process for individuals and firms involved in selling or negotiating insurance contracts. While consolidating the licensing, the bill clarifies that it does not alter the underlying legal definitions of "insurance agent" and "insurance broker" as used in other parts of the law.