Insurance is mostly regulated on a state-by-state basis, with each state and U.S. territory determining their own legal standards and procedures. Here you can find state-specific information such as department of insurance contacts; read FAQs about licensing, carrier appointments, and Just-In-Time requirements; and stay up to date with relevant articles and blogs.
With AgentSync’s 50 State Summary Table, we’ve taken the top questions concerning licensing, appointments, adjuster, and business entity management and set them in a comparative grid across the states and territories. Have an at-a-glance understanding of how each state handles appointments or licensing.
Get access to the 50 State Summary Table
For more on regulatory evolution and emerging market trends, subscribe to the AgentSync thought-leadership newsletter
Effective December 21, 2023, New York will not allow appointments to be backdated and will ignore any submissions with a backdate. Appointment Issue date will be the system date.
Effective January 1, 2024, Vermont will update various retaliatory fees for the following: Non Resident Licensing, Non Resident Adjuster Licensing, Non Resident Adjuster Renewal, Non Resident Licensing No Home State, Non Resident Renewal No Home State.
Effective January 1, 2024, Illinois to Update Bail Bond Requirement for Public Adjusters. Bond Amounts for Public Adjusters will change from $20,000 to $50,000. This change will affect the following: - Resident Licensing, - Non Resident Licensing, - Non Resident Licensing - No Home State applications for Public Adjusters. No Impact to Manage Posted to the compliance library
On November 16, 2023, Washington announced a new course requirement for annuities producers effective on January 1, 2024. Sales of Annuities producer training will be updated to include Best Interest Standards. Please see attached for more information on training, CE requirements and deadlines.
On November 2, 2023, New York DFS published license fees and terms for firms and individuals. **For Resident Individuals** For information regarding excess line broker licensure and links to forms, go to: [`https://on.ny.gov/31RTgdl`](https://on.ny.gov/31RTgdl) a. If the individual already holds a property/casualty broker license, click on "Manage Your License" then "Add-A-line". b. If the individual does not yet hold a property/casualty broker license, click on "Apply for Your License" then "Individual Original/TBA License Application". c. Initial and renewal license applications must be submitted electronically through the Department of Financial Services (DFS) Portal. **For Resident Firms** Initial entity license applications or applications to add a sublicensee to the license can be submitted either electronically through the DFS Portal or by mailing a paper application to the Department. a. Click on "Apply for Your License" then "Entity Original Application" for a link to the DFS Portal. b. Email licensing.applications@dfs.ny.gov for the paper application. 7\. License renewals must be submitted electronically through the DFS Portal. **For Non Resident Individuals** 6\. License renewals must be submitted electronically through the DFS Portal. **For Non Resident Firms** 5\. Initial entity license applications or applications to add a sublicensee to the license can be submitted either electronically through the DFS Portal or by mailing a paper application to the Department. a. Click on "Apply for Your License" then "Entity Original Application" for a link to the DFS Portal. b. Email licensing.applications@dfs.ny.gov for the paper application. 6\. License renewals must be submitted electronically through the DFS Portal.
On January 1, 2024, Texas will reduce the stamping fee for surplus lines measured by premium. Please read the attachment for more information.