New York State Department of Financial Services
Appointments & Terminations
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
Required (but ignored) and Date is the date transaction is processed by the state.
Carriers can pay the invoice posted by the state on the NIPR portal.
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
Resident New License Excess Lines: $50 (county population of less than 100,000/Issued for greater than one year) Resident New License Excess Lines: $400 (county population of over 100,000/Issued for greater than one year) Resident New License Excess Lines: $25 (county population of less than 100,000/Issued for less than one year) Resident New License Excess Lines: $200 (county population of more than 100,000/Issued for less than one year)
Resident Renewal Excess Lines: $50 Resident Renewal Excess Lines: $400 Non Resident Renewal Insurance Producer See Retaliatory Fee
180 days before expiration
Birth date every 2 years based on year of birth
120 days before expiration
Birth date every 2 years based on year of birth
Late renewal allowed up to 60 days after expiration
Residence, Business, and Mailing
Title Insurance Agent, Life Consultant, General Consultant, Life/Accident & Health, Limited Rental, Life Settlement Broker, Property/Casualty Agent, Excess Line, Bail Bondsman, Service Contract Registration, Broker, Independent Adjuster, TBA - Life/Accident & Health, TBA - Property/Casualty, TBA - Broker, TBA - Excess Line, TBA - General Consultant, TBA - Life Broker, Company, Life Settlement Provider, Public Adjuster, Life Broker, Sublicensee, Reinsurance Intermediary, Viatical Broker
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.
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.
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.
Excess lines: starts 120 days prior to license expiration date until expiration date. No late renewal.
Only officers/directors/partners/members are affiliated.
License not required but branch must be registered
AK, AR, AZ, CT, GA, ID, KY, LA, ME, MI, MN, MT, NC, NH, NM, NV, SC, UT, VT
AL, CA, DE, FL, IN, OK, OR, PR, RI, TX, WA, WV, WY
Licensing Fee (More than one year): $100 Licensing Fee (Less than one year): $50
Biennially, on Dec. 31st on even numbered years.
A temporary permit for 120 days max can be issued to a resident or non resident adjuster to act as an independent adjuster on behalf of an authorized insurer for claims related to the emergency.
Year of birth
Prior to license expiration.
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.
1 hour ethics, 1 hour insurance law
3 hours of NFIP course
Onetime 6-hour course
New York to Remove Non-Uniform Question
Effective March 10th, New York removed a Non-Uniform Background Question.
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 non resident renewal applications.
NY 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.
How Do I Get an Insurance License in New York?
How Do I Get a State Adjuster License in New York?
How do I renew my insurance license in New York?
How do I renew my non-resident insurance license in New York?
How Do I renew My Non-Resident Adjuster License in New York?
How Do I Renew My Adjuster License In New York?