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HB 7111

AN ACT RELATING TO INSURANCE -- PRODUCER LICENSING ACT

2026 Regular Session Introduced by Stephen Casey and 1 co-sponsor

Rhode Island bill modifies insurance producer licensing requirements; currently under committee review for potential regulatory impacts on agents, brokers, and consumers.

06/19/2026 Signed by Governor
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Bill Summary · HB 7111

Legislative bill overview

HB 7111 modifies Rhode Island's insurance producer licensing requirements and regulations. The bill is currently in the early legislative stage after being referred to the House Corporations Committee, with the committee recommending it be held for further study as of February 2026.

Why is this important

Insurance producer licensing directly affects how insurance agents and brokers operate in Rhode Island, influencing consumer protection, market entry for new producers, and compliance costs for the insurance industry. Changes to licensing requirements can impact insurance availability, pricing, and the competitive landscape in the state.

Potential points of contention

  • The specific licensing requirement changes are not detailed in available information, but producers typically oppose increased regulatory burdens while consumer advocates may support stricter qualification standards
  • Any reciprocity provisions (recognizing licenses from other states) could face opposition from in-state producers concerned about out-of-state competition
  • Fees associated with licensing changes could generate debate between industry cost-control concerns and state revenue needs for regulatory enforcement

Compiled from official sources — confirm details with the bill’s official record.

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