Minnesota Seal

Minnesota

state commissioner

Grace Arnold

STATE phone
651) 539-1600
STATE LICENSE DIVISION ADDRESS

Consumer & External Affairs Attn: Licensing Minnesota Department of Commerce

Appointments & Terminations

Required to report appointments?

Yes

Permits Just-in-time (JIT) appointments?

Yes

Initial appointment deadlines

Within 15 days of contract execution or first business submission

Initial appointment deadline rule

Appointments must be submitted within 15 days of the date the agent/agency contract is executed or the first piece of business is submitted to the carrier

Can be processed via nipr?

Yes

Fees for appointing a resident agency or individual?

$30

Fees for appointing a non resident agency or individual?

$30

Appoint agencies?

No

Adjuster appointments via NIPR?

No

Appointment effective date can be specified?

Yes

Appointment effective date rule

Required and is the date supplied on transaction. Must not be in the future and must be less than 30 days old.

State requires appointment renewal?

Yes

Appointment renewals via

Minnesota portal

Appointment renewal fee

No fees

Terminations processed via NIPR?

Yes

Termination reasons

Cancelled by general agent

Termination date can be specified by carrier?

Yes

Termination Effective date rule

Required and is the date supplied on transaction. Must not be in the future and must be less than 30 days old.

Termination fee

No fee

Licensing

Initial individual new license fee

Resident New License Insurance Producer: $50 (per LOA) Resident New License Surplus Lines Producer: $500 Non Resident New License Insurance Producer: $50 (per LOA) Non Resident New License Surplus Lines Producer: $500

License renewal fee

Resident Renewal Insurance Producer: $50 Resident Renewal Surplus Lines Producer: $500 Non Resident Renewal Insurance Producer: $50 Non Resident Renewal Surplus Lines Producer: $500

When does the resident individual producer license renewal period begin?

90 days before expiration

What is the resident individual producer license renewal date?

Last day of birth month every 2 years based on year of first state license issue

Late renewal or reinstatement period for resident individual producer license?

Late renewal allowed up to one year after expiration

When does the nonresident individual producer license renewal period begin?

90 days before expiration

What is the nonresident individual producer license renewal date?

Last day of birth month every 2 years based on year of first state license issue

Late renewal or reinstatement period for nonresident individual producer license?

Late renewal allowed up to one year after expiration

Can a producer use a P.O. Box in their resident or business address?

No

Are individuals required to list their county as part of the address?

No

What addresses are required for individual license maintenance?

Residence, Business, and Mailing

State individual licenses include

Managing General Agent, Third Party Administrator, Temporary Resident Insurance Producer, Surplus Lines, Property & Casualty, Life, Insurance Producer, Resident Public Adjuster, Catastrophe Adjuster, Non-Resident Reinsurance Intermediary Managers, Non-Resident Reinsurance Intermediary Brokers, Resident Reinsurance Intermediary Managers, Resident Reinsurance Intermediary Brokers, Non-Resident Independent Adjuster, Non-Resident Public Adjuster, Resident Independent Adjuster, Non-Resident Indep Adjuster Agency, Resident Crop Hail Adjuster, Non-Resident Crop Hail Adjuster, Non-Resident Portable Elect Insurance Vnd, Resident Insurance Producer, Resident Surplus Lines, Resident Travel Insurance Producer, Risk Retention, Pharmacy Benefit Manager

State broker license rule

Included in Producer License Class. Insurers are not required to appoint Brokers per NAIC PLMA

Broker license notes

An agent licensed in Minnesota may solicit insurance applications on behalf of an insurer who has not appointed the agent. This is allowed only when the it is in response to the needs of a customer and is done so through an appointed agent of the insurer

Requires pre licensing courses?

Yes

Study method requirements

Classroom study, verifiable self-study or combination of both

Submission of completion certificate rule

The applicant must present a course completion certificate at the test center each time before being allowed to take the license exam.

How long is the pre licensing certification valid?

Not specified

Exemptions to pre licensing requirements

Pre-license education requirements do not apply to: a. an applicant for limited lines farm property liability line of authority or the variable life and annuity line of authority; b. an applicant with a 2-year insurance degree from a Minnesota vocational school; c. an applicant with a 4-year college degree in business with an emphasis on insurance; d. an applicant for the life line of authority who holds any of the following designations: I. CEBS; II. ChFC; III. CIC; IV. CFP; V. CLU; VI. FLMI; or VII. LUTCF; e. an applicant for the health line of authority who holds any of the following designations: I. RHU; II. CEBS; III. REBC; or IV. HIA; or f. an applicant for the property, casualty, or personal lines P & C line of authority who holds any of the following designations: I. AAI; II. ARM; III. CIC; or IV. CPCU.

Fingerprints Required?

Yes, for Resident Licensing

Fingerprint Submission Details

Taken at exam site via IdentGO. If the fingerprints are submitted manually the background check consent form must be signed.

Where to apply for resident license?

NIPR Gateway

Other licensing notes

Applicant is not required to pass the exam prior to submitting the license application.

What Transactions are Retaliatory Fees Applied to?

None

Submit Partial License Renewals through NIPR?

Yes

Has Personal Lines LOA?

Yes

Deadline to report personal data changes (address, name change, phone number, etc.)

Licensed agents must notify the Commissioner within 10 days of a change of name or address. Adjusters must notify the Commissioner within 30 days of a change in name or home/business address. Contact Change Request supported via NIPR Gateway.

Agency

Can a sole proprietor be licensed as an entity?

Yes

DRLP must have active state license

Yes

DRLPs must cumulatively cover all LOAs in application

No

Agency Licensing renewals

90 days prior to expiration until October 31st.

Agency License required?

Yes

Affiliations: Indicates if producers selling on behalf of/through an entity must be formally affiliated with that entity and if the entity must notify the department of changes

No

Branch office

License not required but branch must be registered

Adjuster

Requires adjuster license?

Yes

Offers designated home state?

Yes

DHS exam required?

Yes

Reciprocity states

AK, AL, AR, AZ, CT, DE, FL, GA, ID, IN, KY, LA, ME, MI, MS, MT, NC, NH, NM, NV, OK, OR, RI, SC, TX, UT, VT, WA, WV, WY

Which states require an exam for reciprocity?

CA, HI, NY, PR

Independent adjuster LOAS

Property & Casualty, Crop, Workers' Compensation

Independent adjuster fees

Licensing Fee: $50 Amendment Fee: $50 Renewal Fee: $50 Late Renewal Fee: $100

Independent adjuster exam required?

Yes

Independent adjuster renewal date

90 days prior to expiration until October 31st.

Speciality adjuster renewal date

Biennially, on October 31st.

Apprentice adjuster license details

There is no apprentice license, but MN does let someone undergo training under the supervision of a licensed adjuster. This training period cannot exceed 12 months.

Emergency adjuster details

MN offers a catastrophe adjuster license. The Lines of Authority are Property & Casualty, Crop, and Workers' Compensation.

Continuing Education

Total hours per renewal period

24

Renewal period

2 years

License renewal date is

Last day of birth month

License renewal year based on...

Year of first license issuance

When is the CE due?

Prior to license expiration.

How long before expiration does state send CE reminder?

60 days prior to expiration date

Exemptions to CE

What if a producer missed the renewal date?

You have up to 12 months to reinstate your license for a penalty of double the unpaid renewal fee. After that 12-month period, you’ll be reapplying as if you were a totally new producer or adjuster.

Ethics requirements

3

Flood-specific CE requirements

3 hours of NFIP course

LTC-specific CE requirements

8-hour initial certification, with 5 hours of LTC-specific training each renewal cycle thereafter, must be specific to Minnesota Medicaid and Minnesota Partnership plans

Annuity-specific CE requirements

One-time, 4-hour course

FAQs

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