Omnibus Spending Bill Provisions

12/21/2020
California Colorado Texas
Our legal team at Steptoe & Johnson has provided some initial analysis of the provisions within the December 21st Omnibus bill. This includes some of the provisions with regards to surprise medical billing and broker healthcare transparency as well as the Paycheck Protection Program.

Click here to read the full article. 
  • Surplus Lines: Texas
    • Licensing Requirements: Surplus lines brokers are required to be licensed under Texas law. 28 Tex. Admin Code § 15.101; Tex. Ins. Code Ann. §§ 981.202, 981.203, 981.204. To receive a resident surplus 
  • Surplus Lines: California
    • Licensing Requirements: Surplus lines brokers are required to be licensed under California law. Cal. Ins. Code §§ 1638-39, 1765. To qualify for licensure, resident surplus lines brokers must either: (i)
  • Surplus Lines: Colorado
    • Licensing Requirements: Surplus line brokers are required to be licensed under Colorado law. Colo. Rev. Stat §§ 10-2-401-404; Colo. Rev. Stat. § 10-2-502; 3 Colo. Code Regs. § 702-1:1-2-10. A resident producer
Source: The Council for Insurance Agents and Brokers