Mississippi
Mike Chaney
Mississippi Insurance Department
Appointments & Terminations
Yes
Yes
Within 15 days of contract execution or first business submission
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
Yes
$25
$25
No
No
No
Required (but ignored) and is the NIPR transaction process date.
Yes
Mississippi portal
$25
Yes
Yes
Cancelled; cancelled for cause
Yes
Required and is the date supplied on transaction. Must not be in the future and must be less than 30 days old
No fee
Licensing
Resident New License Insurance Producer: $101 Resident New License Limited Lines: $101 Resident New License Surplus Lines Producer: $101 Non Resident New License Insurance Producer: $101 Non Resident New License Limited Lines: $101 Non Resident New License Surplus Lines Producer: $101
Resident Renewal Insurance Producer: $101 Resident Renewal Limited Lines: $101 Resident Renewal Surplus Lines Producer: $101 Non Resident Renewal Insurance Producer: $101 Non Resident Renewal Limited Lines: $101 Non Resident Renewal Surplus Lines Producer: $101
90 days before expiration
Last day of birth month every 2 years based on year of first state license issue
Late renewal allowed up to one year after expiration
90 days before expiration
Last day of birth month every 2 years based on year of first state license issue
Late renewal allowed up to one year after expiration
For individual's business address only
No
Residence, Business, and Mailing
Managing General Agent, Limited Lines Self-Storage Insurance Producer, Viatical Settlement Broker, Property And Casualty, Independent Adjuster, Life, Non-Resident Producer - P&C, Non-Resident Producer - L/H, Resident Producer - L/H, Resident Producer - P&C, Supervising General Agent Inc, Bail Enforcement Agent, Bail Soliciting Agent, Burial Agent, Emergency Adjuster, Professional Bail Agent - Limited Sureties, Professional Bail Agent - Personal Sureties, Stock Sales, Supervising General Agent, Viatical Settlement Representative, Adjuster Trainee, Legal Agent, Public Adjuster, Automobile Club Agent, Limited Lines Insurance Producer, Limited Lines Credit Insurance Producer, Surplus Lines Insurance Producer, Risk Retention Agent, Temporary Limited Lines Insurance Producer, Reinsurance Intermediary Manager, Reinsurance Intermediary Broker, Exempt, Exempt - Fraternal, Exempt - Title, Insurance Producer, Temporary Insurance Producer
Yes
Included in Producer License Class. Insurers are not required to appoint Brokers per NAIC PLMA
Yes
Classroom study, verifiable self-study or combination of both
Each license applicant must submit a certification of pre-licensing education completion to the commissioner. Pre licensing course completions should be submitted within five (5) calendar days of the course completion date. Reporting exceptions may be received on a case by case basis. Must be submitted via Sircon.
Course completion certificate is valid for 2 years
Pre-licensing education requirements do not apply to: a. applicants exempt from taking the written examination; b. applicants who received a bachelor's degree with major coursework in insurance from an accredited institution; c. applicants holding a current and valid designation for the following lines of authority: I. life - CEBS, CHFC, CIC, CFP, CLU, FLMI, and LUTCF designations; II. accident and health or sickness - RHU, CEBS, REBC, and HIA designations; or III. property and casualty - AAI, ARM, CIC, and CPCU designations; d. limited lines producer and limited lines credit producers; and e. applicants only seeking licensure for the variable life and variable annuities line of authority. Any agent may transfer his/her nonresident fire/casualty license to a resident license without an exam. The agent must comply with the pre-licensing education requirement unless the agent did so before receiving the original license. To transfer the license, a licensee must file: a. a letter of clearance; b. an application; and c. a requisition from the sponsoring company.
Not Required
NIPR Gateway
None
No
Yes
Producers must notify the Commissioner of a change of address within 30 days of the change. Contact Change Request supported via NIPR Gateway.
Agency
Yes
Yes
No
90 days prior to expiration date until expiration date. Reinstatement period ends one year after expiration date.
Yes
No
Main license meets requirements
Adjuster
Yes
Yes
Yes
AK, AL, AR, AZ, CT, DE, FL, GA, ID, IN, KY, LA, ME, MI, MN, MT, NC, NH, NM, NV, OK, OR, RI, SC, TX, UT, VT, WA, WV
CA, HI, NY, PR, WY
Property & Casualty (including Workers' Compensation and Crop), Workers' Compensation
Licensing Fee: $100 Renewal Fee: $100.00 Reinstatement Fee: $150.00
Yes
Biennially, on the last day of the individual's birth month.
No LOA required
$50
1 Year
Requires the individual to be certified by a Mississippi licensed independent adjuster. This is a non-renewable license and cannot exceed one year.
In the event of an emergency, a 180 day can be issued by applying and paying a $50 fee. Emergency adjuster applicants must be certified by a license Mississippi independent adjuster. No LOA required.
Continuing Education
24
2 years
Last day of birth month
Year of first license issuance
Prior to license expiration.
90 days prior to expiration date
Licensees whose first renewal falls 13 to 18 months from their first date of licensure must only get 12 hours of CE. Those holding only limited lines or credit limited lines licenses are exempt from CE requirements. Insurance producers who are 65 or older who have maintained a continuous insurance producer license for 25 years or more are exempt from CE, and who sign an affidavit to that effect. Bail agents 65 or more who has been licensed as a bail agent for 20 or more continuous years are exempt from CE.
Most producers and adjusters are allowed to reinstate their insurance license within 12 months of expiration. After that, you’ll need to reapply as a new licensee.
Yes, on first presentation of a course per cycle.
3
3 hours of NFIP course
8-hour initial certification, with 4 hours of LTC-specific training every two years
One-time, 4-hour course
https://agentsync.io/blog/individual-producers/insurance-continuing-education-mississippi
Regulatory Updates
Mississippi Adds New Non Uniform Question for Renewals
Effective September 15, 2023, Mississippi will required the following non uniform questions for renewals. Have you or any business in which you are or were an agent, owner, partner, officer or director of the business entity, or member or manager of a limited liability company, ever had an insurance agency contract or any other business relationship with an insurance company terminated for any alleged misconduct in any U.S jurisdiction?
Mississippi –To update Designated Responsible Licensed Producer (DRLP) validations for business entities.
Effective July 14, 2023, the following requirements will be added to the Designated Responsible Licensed Producer (DRLP) validations. If the business entity is applying or renewing for Viatical Settlement Provider (PDB Code: 715), Viatical Settlement Representative (PDB Code: 8513), or Viatical Settlement Broker Entity (PDB Code: 8013), then the DRLP section of the application will be required. Applicant must provide a DRLP that is actively licensed in Mississippi as a Viatical Settlement Representative or a Viatical Settlement Broker.
Mississippi Issues Bulletin Regarding CE Exemption for Insurance Producers Aged 65 and Older
During the 2023 Regular Legislative Session, the Mississippi Legislature passed House Bill 1084, which amends Section 83.-17.251 of the Mississippi Code to provide that any individual who is sixty-five(65) years of age or older and who has been licensed as an insurance producer for a continuous peril of twenty-five (25) years or more, may be exempt from insurance producer continuing education requirements. See attachment for full details.
Mississippi Converting Travel LOA to License Class
Effective date is yet to be announced, but Mississippi is converting the Insurance Producer with a Travel LOA to a license class of Limited Lines Travel. A Limited Lines business entity must provide one DRLP that is actively licensed as a Limited Lines Travel Insurance Producer, or Producer with Property and Casualty or Personal Lines.
UPDATE – Mississippi Converting Travel LOA to License Class
Effective date of 08/05/2022 has been announced. Mississippi is converting the Insurance Producer with a Travel LOA to a license class of Limited Lines Travel. A Limited Lines business entity must provide one DRLP that is actively licensed as a Limited Lines Travel Insurance Producer, or Producer with Property and Casualty or Personal Lines.
NASAA Updates IAR CE Member Adoption list on its Website
NASAA provides an updated version of the IAR CE Member Adoption list on its website.
Mississippi Now Requiring Annuity Training for Both Residents and Non-Residents
Mississippi has updated its CE requirements for residents and non residents. Annuity training is required for both.
FAQs
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How Do I Get an Insurance License in Mississippi?
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How Do I Get a State Adjuster License in Mississippi?
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How do I renew my insurance license in Mississippi?
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How do I renew my non-resident insurance license in Mississippi?
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How Do I renew My Non-Resident Adjuster License in Mississippi?
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How Do I Renew My Adjuster License In Mississippi?