The Georgia House has unanimously approved legislation to prohibit state insurance commissioners from granting themselves insurance licenses without passing mandatory tests.
The measure came after The Atlanta Journal-Constitution reported that outgoing Insurance Commissioner John Oxendine awarded himself several licenses the day before he left office in January. The Republican used an insurance agency rule to exempt himself from mandatory education and testing requirements.
The bill’s sponsor, state Rep. Bill Hembree said that undermines public trust in elected officials.
Oxendine’s successor, Ralph Hudgens, says he doesn’t have the power to revoke the licenses.
Oxendine unsuccessfully sought the GOP nomination for governor last year.
Topics Georgia
Was this article valuable?
Here are more articles you may enjoy.
Florida Agents Appointed With Citizens Drops as Carrier Competition Grows
Here Are Some AI Doomsday Scenarios Researchers Say Could Put Humanity at Risk
How Insurers Can Gain the Most Value From Their AI Investments: Accenture
Full Senate Passes Measure to Reauthorize Federal Terrorism Insurance Backstop 

