New Hampshire
Chris Nicolopoulos
New Hampshire Insurance Department
Appointments & Terminations
Yes
Yes
Within 15 days of contract execution or first business submission
JIT appointments permitted. 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
Yes
No
No
Date the transaction is processed.
No, perpetual
No fees
Yes
Termination reason code is not required
Yes
Backdating can not precede the date the transaction is processed
$25
Licensing
Resident New License Insurance Producer: $210 Non Resident New License Insurance Producer: $210
Resident Renewal Insurance Producer: $150 Non Resident Renewal Insurance Producer: $150
90 days before expiration
Last day of birth month every 2 years based on year of first state license issue
90 days before expiration
Last day of birth month every 2 years based on year of first state license issue
No
No
Residence, Business, and Mailing
Portable Electronics Small, Company, Insurance Producer, Adjuster
Included in Producer License Class. Insurers are not required to appoint Brokers per NAIC PLMA
No
Not Required
Non-citizen requirements: Applicant must submit the appropriate employment authorization document or permanent resident card to: Upload to the NIPR Attachment Warehouse Email PRODUCERQUESTIONS@INS.NH.Gov NHID Licensing Division, 21 South Fruit St. Ste 14 Concord, NH 03301
NIPR Gateway
None
No
Yes
A licensee must notify the Commissioner of any change of address within 30 days. a. There is a $10 fee for manual address changes. b. Email addresses need to remain up-to-date. Contact Change Request supported via NIPR Gateway.
Agency
No
Yes
Yes
90 days prior to expiration date until May, 31st, biennially.
Yes, if selling insurance
No
Main license meets requirements
Adjuster
Yes
Yes
Yes
AK, AL, AR, AZ, CT, DE, FL, GA, ID, IN, KY, LA, ME, MI, MN, MS, MT, NC, NM, NV, OK, OR, RI, SC, TX, UT, VT, WA, WV, WY
CA, HI, NY, PR
Workers' Compensation, Property & Casualty (including Workers' Compensation and Crop), Property and Casualty (excluding Workers' Compensation and Crop)
Licensing Fee: $75 Renewal Fee: $75 License Amendment Fee: $50 Reinstatement Fee: $75
Yes
Biennially, on the last day of the individual's birth month.
Late Renewals are not accepted.
In the event of an emergency, a temporary license can be issued to qualified persons. This temporary license is active until discretion of the commissioner deems it inactive or one year from its issuance.
Continuing Education
24
2 years
Last day of birth month
Year of first license issuance
60 days prior to license expiration.
No reminder. Only license renewal reminder.
LUTCF, CLU, CFC, and CFPs are exempt from CE. Those renewing their license for the first time are exempt from CE.
If CE is completed within the 60 day window (between CE due date and license expiration date) an additional late CE fee will be charged. $50 additional for producers and $25 additional for all adjusters. If CE is completed after expiration, the fee increases to double the license fee for all license holders. To reinstate a license within 2 years of expiration, you must be CE compliant. For Residents reinstating after two years, CE is no longer required but you must pass the licensing exam again.
Yes, once per course per compliance period.
3-10
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-new-hampshire
Regulatory Updates
New Hampshire to Add NUQs to Collect Business Entity Name for Adjuster Applicants
Effective September 15th, 2023 New Hampshire will require all Non-resident adjuster applicants to answer questions by providing the name of their employer.
New Hampshire Issues Bulletin Regarding Notice Required Producer Terminated for Cause
On August 7, 2023, New Hampshire issued a bulletin laying out notice required when a producer is terminated for cause. See attachment for full details.
New Hampshire Has Revised Reasons for Revocation of a License
Effective August 29, 2023, New Hampshire has revised the reasons a license may be suspended, revoked, or refused for both business entities and individual insurance producers. No changes to Manage Posted to Compliance Library The license of a resident or non resident **business entity** may be suspended, revoked, or refused if the Commissioner finds, after a hearing in accordance with NH ST § 400-A:17, that: a. an individual licensee's violation was known or should have been known by one or more of the partners, officers, or managers acting on the partnership's or corporation's behalf; b. the violation was not reported; and c. no corrective action was taken. The Commissioner may place on probation, suspend, revoke, or refuse to issue or renew an **insurance producer's** license, or may levy an administrative fine not to exceed $2,500 per violation, or any combination of actions for any 1 or more of the following causes: a. violation of any insurance law, of any regulation, subpoena, or order of the Commissioner of this state or another state; b. obtaining or attempting to obtain a license by fraud or misrepresentation; c. improper handling of money in course of the business under the license; d. conviction of a felony; e. intentionally misrepresenting the terms of an actual or proposed insurance contract or application; f. use of fraudulent or dishonest trade practices; g. forging another person's name to an application for insurance or any related document; h. improperly using notes or reference material to complete an insurance exam; i. knowingly accepting insurance business from someone who is not properly licensed; j. suspension, denial or revocation of an insurance license in another jurisdiction; k. using fraudulent, coercive, or dishonest practices, or demonstrating incompetence, untrustworthiness, or financial irresponsibility whether directly, as an individual, or through activities for an entity, in the conduct of any business activity, or fraud, misappropriation or conversion of funds, misrepresentation or breach of fiduciary duty involving any activity in New Hampshire or elsewhere; l. providing incorrect, misleading, incomplete, or materially untrue information in the license application; or m. failing to comply with an administrative or court order imposing a child support obligation.
New Hampshire implements new transaction type to process individual primary name updates
~~Effective September 15, 2023~~, New Hampshire will implement a new transaction type to process individual primary name updates. ~~Update: Effective date has been updated to To Be Determined.~~ Update: Effective date has been updated to September 15, 2023
New Hampshire CE Requirement Updates
New Hampshire has made several updates to their CE requirements.
NH Resident and Non-Resident Changes
NH has listed updates to the following: Fees, General requirements for organization non-resident license, Discount Medical Plan Organizations requirements, and license renewal and causes for license revocation and surrender.
NH Highlights that both Carriers AND Agencies can Report Fraud
This announcement is a result of recent fraud cases surfacing that were not reported. It highlights that fraud is a serious matter and can result in a fine or becoming barred from conducting insurance in NH. Any individual, agency, carrier, etc. can report fraud.
Update to New Hampshire Third Party Admin Requirements
Effective July 2, 2022 NH will require a Third Party Administrator to include contact information for a designated agent in New Hampshire for service of process with certificate application for both Residents and Non-Residents.
FAQs
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How Do I Get an Insurance License in New Hampshire?
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How Do I Get a State Adjuster License in New Hampshire?
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How do I renew my insurance license in New Hampshire?
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How do I renew my non-resident insurance license in New Hampshire?
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How Do I renew My Non-Resident Adjuster License in New Hampshire?
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How Do I Renew My Adjuster License In New Hampshire?