AgentSync Archives

State Regulatory Change

05.11
22

How to Change an Agency Tax ID

The majority of states require agencies to also have a license that is separate and distinct from your DRLP. So, once you’ve changed your...

05.06
22

When Can I Write Business After Getting My Agency License?

While some states don’t require a principal agent to be licensed, or they allow multiple agents to cumulatively hold the appropriate licenses, most states...

04.20
22

Russian Cyberattacks, Salvasen Health Termination, Colorado Changes After Boulder Fires

Colorado, Massachusetts, Minnesota, and Nevada have each announced special enrollment periods for policyholders who previously held coverage from Salvasen Health. “Products offered through Salvasen...

04.04
22

Russian War in Ukraine Making Waves in U.S. Cyber Insurance Scene; Cyberinsurance and War Clauses

Let’s look at a hypothetical: What if a business pays a ransom for a data breach? What if the cyber event was perpetrated by...

03.28
22

Which States Ban Gender-Rating in Insurance Premiums?

This Women’s History Month, we’re recapping the current state of gender parity in insurance ratings and premiums, along with the newest developments in gender-based...

03.11
22

Florida Insurance Department Warns Producers: Verify Carrier Licensing

It’s not surprising that insurance carriers, agencies, and MGAs are looking for ways to innovate their processes for quick, automatic validations. What is...

03.09
22

Regulatory Roundup: New states adopt NAIC Annuity Suitability Model

Per the news release, captives are on the rise for mutually insuring areas traditional commercial insurance doesn’t much cover. Connecticut began licensing captives in...

02.14
22

Mississippi Among States to Make Annuity Best Interest Rules Explicit

Insurance regulation doesn’t happen in a vacuum, and this change is no exception. It’s part of a broader movement happening across the states and...

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