Delaware Appointment Fee Update and Resident Licensing Requirements
Effective November 1, 2024, Delaware made the following updates:
Resident Licensing
Cleaned up the language for a resident producer license
- A resident producer license applicant must:
- Be a Delaware resident; or
- Work for a business entity that:
- Is licensed to conduct the business of insurance in Delaware; and
- Maintains a physical location in Delaware that is open to the public and from which such business is conducted.
Nonresident License
- Appointment fees have been reduced from $50 to $25
Please see the following link for more information.
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.