Amendment ASA1-AB485

LRBs0622/1

PJK:jlg:km

1997 - 1998 LEGISLATURE

ASSEMBLY SUBSTITUTE AMENDMENT 1, TO 1997 ASSEMBLY BILL 485

March 19, 1998 - Offered by Representatives Coggs, Robson and Ziegelbauer.

AB485-ASA1,1,2 An Act to create 628.115 of the statutes; relating to: prohibition against penalizing insurance agents for reporting problems or complaints.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

AB485-ASA1, s. 1 Section 1. 628.115 of the statutes is created to read:

AB485-ASA1,1,6 628.115 Prohibition against termination of appointment for contacting state agency. (1) In this section, "state agency" has the meaning given in s. 20.001 (1).

AB485-ASA1,1,10 (2) An insurer may not terminate the appointment of, or otherwise penalize, an insurance agent solely because the insurance agent contacted a state agency about a problem or complaint that the insurance agent or an insured had with respect to the insurer.

AB485-ASA1, s. 2 Section 2. Initial applicability.

AB485-ASA1,2,6 (1) If a contract or written agreement in existence on the effective date of this subsection between an insurer and an insurance agent contains a provision that is inconsistent with section 628.115 of the statutes, as created by this act, the treatment of section 628.115 of the statutes first applies to the appointment of that insurance agent by that insurer on the day on which the contract or written agreement terminates or is renewed, whichever is earlier.

AB485-ASA1,2,7 (End)