INSURANCE: Provides relative to referrals for sales of insurance

HB 306 regulates how non-licensed individuals or entities can refer customers to insurance providers. It allows referrals via phone, email, website, or direct contact with insurers (including affiliates), but prohibits referral compensation from being a sales commission or tied to whether the customer ultimately purchases insurance. The bill directly affects non-licensed referrers (e.g., financial advisors, healthcare providers) who connect clients to insurers, ensuring their payment cannot depend on a sale. Key provisions mandate fixed compensation for referrals, preventing conflicts of interest where referrals might be incentivized by potential sales. This is a substantive policy change focused on transparency in insurance referral practices.