Insurance agents; licensing requirements.

Removes prospectively the exemption from examination requirements for individuals who have been awarded the Chartered Property and Casualty Underwriter and Chartered Life Underwriter designations. Insurance agent licenses that were granted to individuals who qualified for the designation exemptions will remain valid unless and until their licenses are otherwise terminated. The measure also (i) requires licensed resident public adjuster entities to meet the same bonding requirements as resident public adjusters, nonresident public adjusters, and nonresident public adjuster entities and (ii) adds manager, member, or partner to those individuals or entities that may be considered a designated licensed producer for an agency.