Effective August 11, 2023, New York will be changing the following License Class Codes:
License Class 2 Broker will be License Class 13233 Property and Casualty Broker
License Class 622 Life Broker will be License Class 13253 Life/Accident & Health Broker
License Class 167 Property/Casualty Agent will be License Class 13254 Property/Casualty Agent
License Class 135 Life/Accident & Health will be License Class 13255 Life/Accident & Health Agent
Currently License Classes 167 and 134 could be appointed via the NIPR Gateway. Effective August 11, 2023, License Classes 13254 and 13255 can be appointed via the NIPR Gateway.
There will be no changes to the LOA Code Offering.
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
Licensing
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).