Mississippi Updating Appointment and Termination Backdating Rules
Effective April 12, 2024, Mississippi will update their Appointment and Termination business rules to allow backdating of the effective date up to 15 days for Appointments and 30 days for Terminations. Previously, the effective date was the date the transaction was processed. The backdating rules will be enforced on Appointment and Termination Transactions.
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.