SENATE
NOTICE OF PUBLIC HEARING
COMMITTEE:
State Affairs
TIME & DATE:
9:00 AM, Tuesday, February 23, 2010
PLACE:
E1.036 (Finance Room)
CHAIR:
Senator Robert Duncan
 
The Senate Committee on State Affairs will meet to take up the following
interim charges:
Charge #7 - Study the transparency of organizational structures, policies
and coverage associated with health insurance underwriters/agents and the
relationship between underwriters/agents and policyholders.
Charge #8 - Study the sale of annuities in Texas, particularly to seniors.
Evaluate the requirements relating to rescission of an annuity contract,
payment of surrender fees, return of money, contract forms, including a
standard contract form, buyer's guide, agent's commission and disclosure
of an agent's commission.  Make recommendations for legislation, if
needed, and consider whether the insurance commissioner by rule may limit
an agent's commission.
*Public testimony will be limited to 3 minutes per person.
*If providing written testimony or handouts, please submit 20 copies with
your name on each copy to committee staff.