Rhode Island
Beth Dwyer
Rhode Island Division of Business Regulation Insurance Division
Appointments & Terminations
No, Registry
Registry state: the carrier must submit a report to Rhode Island's DOI every March 1 of all producers who received at least $100 in commissions during the previous calendar year
No
No initial fees but A $30 fee is due for each individualappointed producer who was paid $100 or more in commission in the prior calendar year (upon audit)
No initial fees but A $30 fee is due for each individual appointed producer who was paid $100 or more in commission in the prior calendar year (upon audit)
March 1st, annually
Registry State - Cancelled; cancelled for cause
Licensing
Resident New License Insurance Producer: $120 Resident New License Surplus Lines Broker: $100 Non Resident New License Insurance Producer: $130 Non Resident New License Surplus Lines Broker: $100
Resident: Insurance Producer Renewal Fee: $120.00 Late Renewal Fee: $170.00 Surplus Lines Broker Renewal Fee: $100.00 Late Renewal Fee: $150.00 Motor Vehicle Damage Appraiser Renewal Fee: $150.00 Late Renewal Fee: $200.00 Title Renewal Fee: $120.00 Late Renewal Fee: $170.00 Reinsurance Intermediary Broker Renewal Fee: $200.00 Late Renewal Fee: $250.00 Reinsurance Intermediary Manager Renewal Fee: $200.00 Late Renewal Fee: $250.00 Company/ Independent Adjuster Renewal Fee: $250.00 Late Renewal Fee: $300.00 Public Adjuster Renewal Fee: $250.00 Late Renewal Fee: $300.00 Nonresident: Insurance Producer Renewal Fee: $130.00 Late Renewal Fee: $180.00 Surplus Lines Broker Renewal Fee: $100.00 Late Renewal Fee: $150.00 Title Renewal Fee: $130.00 Late Renewal Fee: $180.00 Motor Vehicle Damage Appraiser Renewal Fee: $150.00 Late Renewal Fee: $200.00 Reinsurance Intermediary Broker Renewal Fee: $200.00 Late Renewal Fee: $250.00 Reinsurance Intermediary Manager Renewal Fee: $200.00 Late Renewal Fee: $250.00
90 days before expiration
Last day of birth month every 2 years based on year of first state license issue
Late renewal allowed for 30 days after expiration; reinstatement 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 for 30 days after expiration; reinstatement allowed up to one year after expiration
No
No
Residence, Business, and Mailing
Claim Adjuster, Company Life, Company P&C, Company/Independent Adjuster, Surplus Lines Broker, Public Adjuster, Title, Emergency Adjuster, Insurance Producer, Reinsurance Intermediary Broker, Reinsurance Intermediary Manager, Motor Vehicle Damage Appraiser, Life Settlement Broker, Temporary Insurance Producer, Emergency Motor Vehicle Damage Appraiser
Included in Producer License Class. Insurers are not required to appoint Brokers per NAIC PLMA
No
Exam required before license application
Yes – General background check
Not Required
Non-citizens of the U.S. must e-mail proof of eligibility to work in the U.S to the Rhode Island Department of Business Regulation to dbr.inslic@dbr.ri.gov.
Errors and omissions insurance coverage
NIPR Gateway
It takes 3-5 days for the exam results to be reported to NIPR and when those results are reported, you will be able to apply for the applicable LOA.
None
No
Yes
A licensee must notify the Director of any change in legal name or address within 30 days. Contact Change Request supported via NIPR Gateway.
Agency
Yes
Yes
No
90 days prior to expiration date until expiration date. Grace period ends 30 days after expiration date with no fee. Late renewal period ends until 30 days after expiration date.
No
No
Branch office must be licensed
Adjuster
Yes
Yes
Yes
AK, AL, AR, AZ, CT, DE, FL, GA, ID, IN, KY, LA, ME, MI, MN, MS, MT, NC, NH, NM, NV, OK, PA, SC, TX, UT, VT, WA, WV
CA, HI, NY, PR, WY
Property/Casualty Crop Workers' Compensation, Crop
Licensing Fee: $250 Reinstatement Fee: $300 Renewal Fee: $250 Late Renewal Fee: $300
Yes
Biennially, on the last day of the individuals birth month. Business entities should refer to the expiration date as the renewal due date.
An emergency adjuster license may be issued that lasts 120 days. Emergency adjusters must be employed by an adjusting entity or an insurer licensed in Rhode Island. Public Adjusters cannot be emergency adjusters.
Continuing Education
24
2 years
Yes
Last day of birth month
Year of first license issuance
Prior to license expiration.
90 days prior to expiration date
Resident producers over the age of 60 that have held a license for at least 20 consecutive years are exempt. Resident producers over the age of 55 that held your license for at least 25 consecutive years are exempt. A Resident Adjuster may bypass the written examination if they pass a proctored exam and fulfill any other requirements for the Department of Business Regulation.
The reinstatement period for a producer license is 30 after the expiration date of the license up to one year after the expiration date, plus fees and a requirement to get current on CE.
Yes
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-rhode-island
Regulatory Updates
Rhode Island to Update Business Rule for Applying For Adjuster License
Effective September 13, 2023, Rhode Island is updating business rules related to applying for an adjuster license as follows: - Applicants that have an active resident producer (non-adjuster) license and no active resident adjuster may not apply for an adjuster (non-public adjuster) license using the resident producer (non-adjuster) license. \*Note: Public Adjusters will be treated as Producers - Adjuster Designated Home State applicants cannot submit both a residence and business address in Rhode Island.
Rhode Island to Add an Update to Non-Uniform Question Requirement
Effective July 13, 2023, Rhode Island Non-Uniform Question for veteran status has been updated for the Resident Licensing Renewal application.
Rhode Island to Add Defer Rule for Emergency Class for No Home State Applicants
Effective June 9, 2023, Rhode Island will defer all Emergency Class applications. All No Home State applications containing Emergency Adjuster and Emergency Motor Vehicle Appraisers will be deferred to the state for review.
Rhode Island to Remove requirement for Bond Filing
Effective May 12, 2023, Rhode Island will remove a requirement for bond filing. Surplus Line Broker will no longer require submitting a certificate from the General treasurer that the resident Broker has filed the required bond.
New Process for Rhode Island Primary Name Updates
Beginning on 12/9/2022 Rhode Island will offer a new transaction type for individual and business entity primary name updates.
Rhode Island Updates Licensing Rules for Self-Service Storage Agents
Effective 8/3/2022 Rhode Island updated licensing rules for resident and non-resident self-service storage agents.
RI Updates General Requirements for Adjuster License
Rhode Island added conditions to which a Resident or Non-resident may obtain an Adjuster License, and bypass the written examination effective 1/1/2023.
FAQs
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How Do I Get an Insurance License in Rhode Island?
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How Do I Get a State Adjuster License in Rhode Island?
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How do I renew my insurance license in Rhode Island?
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How do I renew my non-resident insurance license in Rhode Island?
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How Do I renew My Non-Resident Adjuster License in Rhode Island?
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How Do I Renew My Adjuster License In Rhode Island?