Texas
Texas Department of Insurance Makes Changes for Residents and Nonresidents Related to Subagents and License Continuation
Texas Department of Insurance made the following changes effective December 5, 2023 for residents and Nonresidents.
**Nonresidents Changes:**
**Individual Nonresident - Assumed Name**
- Fee information replaced indicating requirement for agent to register assumed name using instructions from the Texas Insurance Department Website.
**Discount Medical Plan Organizations**
- General Requirements section - The list of marketers must be submitted using instructions provided on the Department's website.
- Clarified that the first step to renew is to submit the renewal fee and application. Annual renewal is still required
**Resident Changes:**
**Examination**
- Clarified that a successful examination score report must be received within the 12 month period before the completed application is received by the Texas Department of Insurance.
**Individual Resident - Assumed Name**
- Fee information replaced indicating requirement for agent to register assumed name using instructions from the Texas Insurance Department Website.
**Discount Medical Plan Organizations**
- General Requirements section - The list of marketers must be submitted using instructions provided on the Department's website.
**Individual Nonresident - Assumed Name**
- Fee information replaced indicating requirement for agent to register assumed name using instructions from the Texas Insurance Department Website.
**Discount Medical Plan Organizations**
- General Requirements section - The list of marketers must be submitted using instructions provided on the Department's website.
- Clarified that the first step to renew is to submit the renewal fee and application. Annual renewal is still required
**Resident Changes:**
**Examination**
- Clarified that a successful examination score report must be received within the 12 month period before the completed application is received by the Texas Department of Insurance.
**Individual Resident - Assumed Name**
- Fee information replaced indicating requirement for agent to register assumed name using instructions from the Texas Insurance Department Website.
**Discount Medical Plan Organizations**
- General Requirements section - The list of marketers must be submitted using instructions provided on the Department's website.
AgentSync Actions
Our compliance experts are constantly searching for and analyzing industry updates.
Their findings are then recorded in the Regulatory Updates section of the Compliance
Library to explain how the update impacts the insurance industry. If a change
impacts an
AgentSync product, this will be highlighted to inform you that the product is being
updated to ensure you remain in compliance.
analyzed
pending
effective
This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.
categories
Appointments & Terminations
analyzed
Our compliance experts have identified the update and analyzed it for impact on both the industry and AgentSync products.
pending
The time between the update's publication date and effective date.
effective
The date the update takes effect.
released
This means an AgentSync product was updated as a result of this change and the update is now live in our product(s).