New York
Adrienne Harris
New York State Department of Financial Services
One State Street
New York, New York, 10004
Appointments & Terminations
Yes
Yes
Many New York appointments are processed offline not via NIPR: https://myportal.dfs.ny.gov/
Within 15 days of contract execution or first business submission
NY INS § 2112(b) To appoint a producer, the appointing insurer must file a notice of appointment with the Superintendent within 15 days from the date the agency contract is executed or the first insurance application is submitted.
Yes
No fee
No fee
Yes
No
Agencies that are designated to receive commissions from the carrier need to be appointed.
No
No
Date is the date transaction is processed by the state.
Yes
Carriers can pay the invoice posted by the state on the NIPR portal.
No fees
Yes
Yes
No
No
Required (but ignored) and is the date transaction is processed by the state. Must not be in the future
After initial renewal period, a producer must have an appointment or won’t be eligible for renewal
No fee
No
Notices must be mailed
Licensing
Resident Property and Casualty Broker (duration is less than 1 year) $40,
Resident Property and Casualty Broker (duration is greater than 1 year) $80,
Resident Life/Accident & Health Broker (duration is less than 1 year) $40,
Resident Life/Accident & Health Broker (duration is greater than 1 year) $80,
Resident Life/Accident & Health Agent (duration is less than 1 year) $40,
Resident Life/Accident & Health Agent (duration is greater than 1 year) $80,
Resident Property and Casualty Agent (duration is less than 1 year) $40,
Resident Property and Casualty Agent (duration is greater than 1 year) $80.
If CE is required, an additional $10 fee is charged at the license level. New York doesn't charge an applicant to add a line of authority to an existing active license.
Resident Excess Lines: $50 (county population of less than 100,000/Issued for greater than one year)
Resident Excess Lines: $400 (county population of over 100,000/Issued for greater than one year)
Nonresident Excess Lines: $25 (county population of less than 100,000/Issued for less than one year)
Nonresident Excess Lines: $200 (county population of more than 100,000/Issued for less than one year)
Nonresident New Producer License fee varies by Resident State.
Resident Renewal Property and Casualty Broker $80, Resident Renewal Life/Accident & Health Broker $80, Resident Renewal Life/Accident & Health Agent $80, Resident Renewal Property and Casualty Agent $80 If CE is required, an additional $10 fee is charged at the license level. If the renewal is submitted within 60 days of license expiration date, then an additional $10 fee is assessed. Nonresident Renewal Fee varies by Resident State. Resident Renewal Excess Lines: $50 Nonresident Renewal Excess Lines: $400
180 days before expiration
Birth date every 2 years based on year of birth
Applicants are exempt from exams if submitting within two years of a license expiration date
180 days before expiration
Birth date every 2 years based on year of birth
Late renewal allowed up to 60 days after expiration with a $10 late fee
No
Yes
Residence, Business, and Mailing
Property and Casualty Broker, Life/Accident & Health Broker, Property and Casualty Agent, Life/Accident & Health Agent, Excess Line, Title Insurance Agent, Life Consultant, General Consultant, Limited Rental, Life Settlement Broker, Bail Bondsman, Service Contract Registration, Independent Adjuster, Life Settlement Provider, Public Adjuster, Life Broker, Sublicensee, Reinsurance Intermediary, Viatical Broker
Yes
Resident A license is required to act as a broker in New York. A license grants authority for all lines of authority except bail bond, life insurance, variable life, and variable annuity products. Nonresident may obtain a license to act as a broker in New York. A license grants authority for all lines of authority except bail bond, life insurance, variable life, and variable annuity products. NY allows carriers the option of appointing brokers but does not require them to be appointed.
Yes
Classroom or online The Department eliminated the requirement that a monitor be present to complete producer CE and pre-licensing course exams.
The certificate must be presented to the exam administrator and must be filed with the application.
No expiration
An applicant is exempt from pre-license education if the applicant: a. is applying for a life agent or life settlement broker license and holds 1 of the following designations: I. Chartered Life Underwriter (CLU); or II. Chartered Life Underwriter Associate (CLUA); b. is applying for a life broker license and holds 1 of the following designations: I. Chartered Life Underwriter (CLU); II. Chartered Financial Consultant (ChFC); or III. Master of Science in Financial Services (MSFS); or c. is applying for a property/casualty agent or broker license and holds a CPCU designation.
Broker Pre-licensing education is required for all applicants. The pre-licensing education requirement can be met by: a. completing 90 hours of approved courses in property and casualty insurance; b. completing 40 hours of classroom or correspondence work in life insurance; or c. claiming any of the following exemptions: I. filing a "Statement of Employer" documenting regular employment by a licensed insurer, broker, or agent for at least 1 year in the previous 3 years relating to underwriting or adjusting losses or a demonstration of responsible insurance duties in any of the following lines: (1) fire; (2) marine; (3) liability; (4) workers' comp; (5) fidelity and surety; (6) estate conservation and distribution in the lines of life, accident and health, or annuity contracts; (7) employee benefits; or (8) business continuation; II. filing documentation of regular employment by a licensed insurer, broker, or agent for at least 1 year in the previous 3 years before serving in the U.S. military; or III. submitting a clearance letter from former home state showing that he or the business entity was licensed in good standing in the Producer Database records, and the application must be submitted within 90 days after the cancellation of the previous license. Pre-licensing education is not required of individuals designated as a: a. Chartered Property Casualty Underwriter (CPCU); b. Chartered Life Underwriter (CLU); c. Chartered Financial Consultant (ChFC); or d. Master of Science in Financial Services (MSFS). Agent Before taking the written examination, an applicant for an agent license must complete pre-licensing education: a. a life agent or an accident and health agent must complete 40 hours of classroom or correspondence work in life insurance, annuity contracts, disability insurance, accident and health insurance, and related insurance; b. a property and casualty agent must complete 90 hours of classroom work or correspondence work (a course offered over the internet or a similar situation) in property and casualty insurance; c. a personal lines agent must complete 40 hours of classroom work or correspondence work (a course offered over the internet or a similar situation) in personal coverage insurance
Not Required
Two Years
NIPR Gateway
Resident Licensing
Producer Home State
No
Yes
A licensee must give notice to the Superintendent within 30 days of a change of address. Contact Change Request supported via NIPR Gateway.
Individual and Business Entities can process via NIPR
Agency
Optional
Yes
Yes
DRLP must be an owner, partner, officer, director. DRLP must hold broker license or sublicensee of broker license for property and casualty if applying to excess lines.
Businesses renew June 30 in odd years. Renewal starts 120 days prior to license expiration date until expiration date. No late renewal.
Yes
Only officers/directors/partners/members are affiliated.
License not required but branch must be registered
A licensee must file notice within 10 days of: a. a change of address of a satellite office; b. establishing an additional location of business; or c. replacement of the designated person at the additional location. A licensee must give notice to the Superintendent within 30 days of a change of address. Business Entities must submit address changes via the state's website.
Adjuster
Yes
No
AK, AR, AZ, CT, GA, ID, KY, LA, ME, MI, MN, MT, NC, NH, NV, SC, UT, VT
AL, CA, DE, FL, IN, OK, OR, PR, RI, TX, WA, WV, WY
Independent Adjuster
Licensing Fee (More than one year): $100 Licensing Fee (Less than one year): $50
Yes
Biennially, on Dec. 31st on even numbered years.
The candidate must submit a bond in the amount of $1000 to cover the licensing period.
No LOA Required
Licensing Fee (More than one year): $100 Licensing Fee (Less than one year): $50
Yes
A temporary permit for 120 days max can be issued to a resident or nonresident adjuster to act as an independent adjuster on behalf of an authorized insurer for claims related to the emergency.
N/A
There are no Appraiser license in New York, however, all salaried employees of an authorized insurer or adjustment bureau maintained by insurers who writes any motor vehicle body repair estimate in this state to estimate motor vehicle repair costs or procedures can act as appraisers. Public Adjusters cannot participate in Motor Vehicle claims.
Yes
Continuing Education
15-30
2 years
Yes
Birth date
Year of birth
Prior to license expiration.
180 days prior to expiration date.
180 days prior to expiration date.
A license in expired status can be reinstated by submitting a relicensing application. If the license has been expired for less than 2 years, you must meet all Continuing Education (CE) requirements to relicense. If the license has been expired for more than 2 years, you must re-qualify for the license.
Yes
1 hour ethics, 1 hour insurance law
Yes
15 CE per LOA up to 30 hours At least one hour of insurance law instruction At least one hour of ethics and professionalism instruction At least one hour of diversity, inclusion, and elimination-of-bias instruction At least one hour of flood instruction, if the licensee is licensed to sell one or more lines of property/casualty
3 hours of NFIP course
Onetime 6-hour course
No
https://www.dfs.ny.gov/apps_and_licensing/agents_and_brokers/continuing_education
https://agentsync.io/blog/individual-producers/insurance-continuing-education-new-york
Regulatory Updates
New York Initial Licensing for Business Entities Temporarily Unavailable
Effective May 23, 2025, New York will temporarily suspend initial business entity licensing transactions electronically. During this period, any submissions will be declined. Processing is expected to resume on or before July 1, 2025.
New York Business Type Validation Requirements
Effective June 13, 2025, New York will begin validating the business type on electronic applications. New York requires the business type selected to match their existing record. If the Legal Business Type supplied in the transaction does not match the existing record, the transaction will be declined. Applicants who need to update their Legal Business Type may contact [licensing@dfs.ny.gov](mailto:licensing@dfs.ny.gov)
New York License Renewal Bulletin
Posted May 05, 2025, The Excess Line Association of New York (ELANY), posted a bulletin reminding Business Entity and Individual Licensees about renewing of licenses. Please see the attachment and links below for more information.
Business Entity -
New York Updated Excess & Surplus Lines Insurers List April 9, 2025
Posted April 9, 2025, New York added three companies to the Excess & Surplus lines (E&S) insurers list. This list is maintained by the Excess Line Association of New York (ELANY). Please see the attachment for more information.
New York Excess Lines Cybersecurity Compliance Part 2
Posted on March 25, 2025, New York’s Excess Line Association sent out a bulletin reminding New York licensed brokers of the need to show compliance with cybersecurity regulations for the next set of cybersecurity regulations, due no later than May 1, 2025. This set of cybersecurity regulations ties to the following Brokers: - Brokers that have not filed a limited or full exemption - Brokers that have filed a limited exemption - Class A Brokers Please see the attachment for more information.
New York Final Bulletin Reporting Premium Tax Statement
Posted February 24, 2025, The Excess Line Association of New York (ELANY) issued a bulletin reminding stakeholders of the final notice for reporting 2024 premium tax statements. All licensed excess line brokers must file a tax return ELECTRONICALLY (Premium Tax Statement) on or before March 17, 2025, even if NO business was placed under that license. Please see the attachment and the following link for more information [Premium Tax Statement](https://www.dfs.ny.gov/apps_and_licensing/agents_and_brokers/excess_line_broker_premium_tax_statement)
New York Bulletin Clarifying Policy Fees
Posted February 24, 2025, The Excess Line Association of New York (ELANY) published a bulletin clarifying policy fees paid to producers and taxable premiums. Please see the attachment for more information.
New York Displays Company License Class on the PDB
Effective March 14, 2025, New York will start displaying the 'Company' license class on the Producer Database with the Federal Liability Retention Act Insurer line of business.
New York Excess Lines Cybersecurity Compliance Part 1
Posted on February 11, 2025, New York’s Excess Line Association sent out a bulletin reminding New York licensed excess lines brokers of the need to show compliance with cybersecurity regulations due no later than April 15, 2025. Brokers must file either a Certificate of Compliance or an Acknowledgement of Noncompliance. Please see the attachment for more information.
New York Updated Excess & Surplus Lines Insurers List January 30, 2025
Posted January 30, 2025, New York removed one company from the Excess & Surplus lines (E&S) insurers list and added four new companies. This list is maintained by the Excess Line Association of New York (ELANY). Please see the attachment for more information.
New York Sends a Reminder About Filing 2024 Premium Tax Statements
Posted January 22, 2025, New York (Excess Line Association of New York (ELANY), sent a reminder about the need to file a 2024 premium tax statement electronically on or before March 17, 2025. All licensed excess line brokers must file a premium tax statement even if no business was placed under that license. For instructions on how to prepare for and complete an excess line premium tax statement, please view the [ELANY educational video](https://www.elany.org/content/media/403.mp4), please see the attachment for more information.
New York Zero Premium Tax Statements Filing For Surplus Lines
Posted January 9, 2025, The Excess Line Association of New York (ELANY) posted a bulletin providing information on the filing of "ZERO" premium tax statements through the Department of Financial Services (DFS) portal if they meet ALL of the following criteria: - No surplus lines business was written in New York for the year 2024 - No transactions were reported to Excess Line Association of New York (ELANY) for any endorsements/cancellations - No premium taxes or credits are due for 2024 and prior years. Please see the attachment for more information.
New York Business Entity Renewal Cycle
Effective January 3, 2025, New York will turn off the ability to renew business entities electronically. New York is making an update on the renewal window from 180 days before the license expiration date to 120 days before the license expiration date. Update January 23, 2025, New York business electronic renewal applications have been turned back on. The renewal will be available 120 days before the license expiration date.
New York Added A New Company For Excess & Surplus Lines Insurers
Posted December 24, 2024, New York added a new company to the list of Excess & Surplus lines (E&S) insurers, maintained by the Excess Line Association of New York (ELANY). Please see the attachment for more information.
New York Foreign E&S Minimum Updates
Effective January 1, 2025, New York will require all foreign Excess and Surplus (E&S) insurers writing business in New York are required to maintain a minimum surplus to policyholders of $49,000,000. Please take a look at the attachment for more information.
New York License Status “Cancelled” Renewal Updates
Effective December 13, 2024, New York applicants with a Status Reason of “Cancelled” with a future expiration date will not be able to submit electronically. They will need to contact the New York Department of Financial Services (DFS) for additional information. New York applicants with a Status Reason of “Cancelled” and an expiration date in the past will still be able to be processed electronically.
Excess Lines Association of New York General Guidance With Reporting Fees
Posted November 5, 2024, Excess Lines Association of New York (ELANY) posted a bulletin going over general guidance regarding insurer and broker fees based on questions being sent to the department. Please see the attachment for more information.
New York Implements New Transaction Type for Primary Name Changes
Effective June 14, 2024, New York will implement a new transaction type to support primary name changes for individuals and business entities.
The National Insurance Producer Registry (NIPR) Issues a Flier Announcing Additional Licensing through NIPR for New York Department of Financial Services (NYDFS) for Brokers and Agents
The National Insurance Producer Registry (NIPR) Issues a Flier Announcing Additional Licensing through NIPR for New York Department of Financial Services (NYDFS) for Brokers and Agents. NIPR is now processing NY resident and nonresident licensing and renewals for all major lines / core limited lines license offerings for Individuals. Additionally, NIPR also plans to expand NYDFS business entity licensing services, please see attached flier for more detailed information.
New York Department of Financial Services (NYDFS) Updates Appointments Backdating Rule
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.
P&C Surplus Lines Licenses and Premium Tax – New York
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 Nonresident Individuals** 6\. License renewals must be submitted electronically through the DFS Portal. **For Nonresident 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.
New York Will Begin Loading Continuing Education (CE) Compliance Data to the Producer Database (PDB)
Effective October 13, 2023, New York will begin loading Continuing Education (CE) compliance data to the Producer Database (PDB). The current value loaded to the CE compliance field on PDB does not accurately capture the licensee’s CE compliance status. With these changes, the licensee’s current CE compliance status for New York will be loaded to the PDB report. Note: The compliance indicator on PDB will only include general CE compliance. Certain license classes require ‘Flood’ courses, but PDB will only display the general compliance status.
New York Changing License Class Codes
Effective August 11, 2023, New York will be changing the following License Class Codes: License Class 2 Broker will be License Class 13233 Property and Casualty Broker License Class 622 Life Broker will be License Class 13253 Life/Accident & Health Broker License Class 167 Property/Casualty Agent will be License Class 13254 Property/Casualty Agent License Class 135 Life/Accident & Health will be License Class 13255 Life/Accident & Health Agent
New York Issues Statement Regarding Proposed Amendment to Excess Line Placements
On June 23, 2023, New York issued a statement regarding a proposed amendment to Excess Line Placements. See attachment for full details.
New York Proposes Second Amendment to Cybersecurity Requirements
New York proposes Second Amendment to Cybersecurity requirements for financial services companies. See attachment for full details.
New York Proposes Excess Line Placements Governing Standard Changes
New York proposes Excess Line placements governing standard changes. See attachment for full details.
New York proposes amendments to its Cybersecurity Requirements
New York proposes amendments to its Cybersecurity requirements for financial services companies. See attachment for full details.
New York Proposes Changes to its Excess Line Placement Standards
New York proposes changes to its Excess Line placement standards. See attachment for full details.
New York to Remove Non-Uniform Question
Effective March 10th, 2023, New York removed the Non-Uniform Background Question previously added on January 13, 2023.
New York Excess Line Association Eliminates Parts of Excess Line Affidavits
Effective immediately the ELANY eliminates reporting elements from parts of excess line affidavits.
New York Adds Non Uniform Question for Individuals and Business Entities
~~Effective January 13th New York will be adding new non uniform questions for resident and nonresident renewal applications. ~~ Effective March 10, 2023, New York removed the NUQ previously added.
New York Reduces Stamping Fee
New York's request to reduce the stamping fee to 0.15% has been approved and will take effect on all excess lines policies that begin on or after January 1, 2023.
New York Surplus Lines Association Updates List of E&S Insurers
Please see the attached document for NY(Elany's)updated list of E&S Insurers.
FAQs
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How Do I Get an Insurance License in New York?
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How Do I Get a State Adjuster License in New York?
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How do I renew my insurance license in New York?
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How do I renew my nonresident insurance license in New York?
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How Do I renew My Non-Resident Adjuster License in New York?
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How Do I Renew My Adjuster License In New York?