Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 4575 establishes rules for insurance broker selection and retention by certain metropolitan rapid transit authorities. It allows transit boards to appoint a licensed insurance broker to manage risk coverage, including liability, property, casualty, workers' compensation, and stop-loss health insurance. Brokers must operate on a fee-only basis and disclose any business ties with insurers before submitting coverage proposals. Violators face disciplinary action, including fines and license revocation.
Author (1)
Contact the Author
Rep. Denise Villalobos
Capitol Phone:
(512) 463-0462
Capitol Office:
EXT E2.812
E-Mail:
