On August 2, 2024, Washington proposed a rule change for producer and adjuster licensing requirements. Please see the attachment for more information.
- Simplify the licensing process for limited-line credit insurance by automatically including it for producers already licensed for life, disability, property or casualty insurance
- Allow insurance agencies to designate a new responsible licensed producer (DRLP) during license renewal if the current DRLP is inactive, fixing an issue identified by NIPR.
- Simplify the fee structure for the cancellation of producer licenses. This will simplify fee calculations and prevent delays in implementing new NIPR features.
- Remove outdated language that exempted crop adjusters from continuing education (CE) requirements, aligning with a 2022 rule that mandated CE for all licensed resident adjusters.
- Remove references to pre-licensing education (PLE) to follow a 2023 law that abolished the PLE requirement.
- Remove references to specific dates for electronic submissions, as all licensing processes are now fully electronic.

Update: The rule takes effect on November 4, 2024. Attached final copy of the changes.

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.