(a) If the department proposes to deny an application for an original license or to suspend, revoke, or deny renewal of a license, the applicant or license holder is entitled to a hearing conducted by the State Office of Administrative Hearings as provided by Chapter 40.
(b) Notice of the hearing shall be provided to:
(1) the applicant or license holder; and
(2) any insurer indicated on the application as desiring that the license be issued.