November 1, 2024, Maine will be “cleaning up” individual nonresident producer license records.
Under Maine law, a producer must have a valid home state license to hold a Maine nonresident producer license.
During the clean-up, these noncompliant licenses will be canceled. This action will occur over the next several weeks and should be completed by the end of 2024. Please see the attachment for more information.

Update: November 15, 2024, 7,700 licenses were cancelled effective today
Update: November 22, 2024, 15,300 licenses were cancelled effective today
Update: December 6, 2024, 9,600 licenses were cancelled effective today

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.