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

Bill S 8060 consolidates the separate licensing systems for insurance agents and brokers into a single "insurance producer" license, affecting individuals and entities who sell or negotiate insurance. It updates various sections of the insurance law, replacing references to "agent" with "producer" and revising licensing requirements for specific types of insurance products. The bill clarifies that while the licensing system is unified, the existing legal definitions and duties of "insurance agent" and "insurance broker" as distinct roles are not altered.