Tennessee Seal

Tennessee

state commissioner

Carter Lawrence

STATE phone
(615) 741-2693
STATE LICENSE DIVISION ADDRESS

Tennessee Department of Commerce and Insurance Insurance Division

Appointments & Terminations

Required to report appointments?

Yes

Permits Just-in-time (JIT) appointments?

Yes

Initial appointment deadlines

Within 15 days of contract execution or first business submission

Initial appointment deadline rule

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

Can be processed via nipr?

Yes

Fees for appointing a resident agency or individual?

$15

Fees for appointing a nonresident agency or individual?

$15

Appoint agencies?

No

Adjuster appointments via NIPR?

No

Appointment effective date can be specified?

Yes

Appointment effective date rule

Required and is the date supplied on transaction. Must not be in the future and must be less than 15 days old.

State requires appointment renewal?

No, perpetual

Appointment renewal fee

No fees

Terminations processed via NIPR?

Yes

Termination reasons

Voluntary termination; inadequate production; cancelled by general agent; death; company defunct or liquidation; company indebtedness; poor policyholder services; agent moved; appointed in error; request regulatory review

Termination date can be specified by carrier?

Yes

Termination Effective date rule

Required and is the date supplied on transaction. Must not be in the future and must be less than 15 days old

Termination fee

$15

Allows carriers to terminate the appointment if license has expired?

Yes

Licensing

Initial individual new license fee

Resident New License Insurance Producer: $50 Nonresident New License Insurance Producer: Retaliatory Resident New License Surplus Lines Agent: $120

License renewal fee

Resident: Insurance Producer Line of Authority Combination: All Major LOAs Renewal Fee: $60 Late Renewal Fee: $120 Insurance Producer Line of Authority Combination: All Limited & Other LOAs Renewal Fee: $30 Late Renewal Fee: $60 Automobile Club Agent Renewal Fee: $20 Surplus Lines Agent Renewal Fee: $120 Viatical Settlement Broker Renewal Fee: $500 Viatical Settlement Investment Agent Renewal Fee: $100 Viatical Settlement Provider Renewal Fee: $500 Nonresident: Insurance Producer Line of Authority Combination: At least one Major Line Fee Disclaimers: See Retaliatory Fee: Automobile Agent Renewal Fee: $20.00 Surplus Lines Agent Renewal Fee: $120.00 Fee Disclaimers:See Retaliatory Fee Viatical Settlement Broker Renewal Fee: $500 Viatical Settlement Investment Agent Renewal Fee: $100 Viatical Settlement Provider Renewal Fee: $500

When does the resident individual producer license renewal period begin?

90 days before expiration

What is the resident individual producer license renewal date?

Last day of birth month every 2 years based on year of first state license issue

Late renewal or reinstatement period for resident individual producer license?

Late renewal allowed up to one year after expiration

When does the nonresident individual producer license renewal period begin?

90 days before expiration

What is the nonresident individual producer license renewal date?

Last day of birth month every 2 years based on year of first state license issue

Late renewal or reinstatement period for nonresident individual producer license?

Late renewal allowed up to one year after expiration

Can a producer use a P.O. Box in their resident or business address?

No

Are individuals required to list their county as part of the address?

No

What addresses are required for individual license maintenance?

Residence, Business, and Mailing

State individual licenses include

Risk Retention Group, Viatical Settlement Broker, Property, Viatical Settlement Investment Agent, Life, Insurance Producer, Title Agency, Public Adjuster, Automobile Club Agent, Crop Insurance Adjuster, Automobile Club, Surplus Lines Agent, Temporary Producer, Portable Electronics Vendor, Viatical Settlement Provider, Self Storage Facility, Travel Insurance Supervising Entity

State recognizes a licensing exemption for nonresident commercial lines producers with multistate contracts?

Yes

State broker license rule

Included in Producer License Class. Insurers are not required to appoint Brokers per NAIC PLMA

Requires pre licensing courses?

No

Prelicense education requirement

No prelicense education requirements

Background Check Required?

Yes – Full criminal history

Fingerprints Required?

Yes, for Resident Licensing

Fingerprint Submission Details

Required with Application - IdentoGO

Where to apply for resident license?

NIPR Gateway

What Transactions are Retaliatory Fees Applied to?

Resident Licensing

What Determines the Retaliatory Fee?

Producer Home State

Submit Partial License Renewals through NIPR?

No - allows partial renewal of inactive licenses only

Has Personal Lines LOA?

Yes

Deadline to report personal data changes (address, name change, phone number, etc.)

Each licensed producer or adjuster must notify the Commissioner of a change of address or legal name within 30 days of such a change. Contact Change Request supported via NIPR Gateway.

Penalty for failure to timely report personal data changes

Disciplinary action may be taken against the producer or adjuster for the failure to make such a notification in a timely manner.

Agency

Can a sole proprietor be licensed as an entity?

Yes

DRLP must have active state license

Yes

DRLPs must cumulatively cover all LOAs in application

No

DRLP Notes

State and public adjuster DRLP must hold public adjuster license.

Agency Licensing renewals

90 days prior to the expiration date until the expiration date. Late renewals end one year after the expiration date.

Agency License required?

No

Affiliations: Indicates if producers selling on behalf of/through an entity must be formally affiliated with that entity and if the entity must notify the department of changes

Not required, only DRLP is required.

Branch office

Main license meets requirements

Deadline to report key business entity changes (address, dba, phone, email, etc.)

Each licensed producer or adjuster must notify the Commissioner of a change of address or legal name within 30 days of such a change. Contact Change Request supported via NIPR Gateway.

Adjuster

Requires adjuster license?

Only Public Adjusters

Offers designated home state?

No

DHS exam required?

N/A

Reciprocity states

None

Public Adjuster Renewal Period

Biennially, on the date of the licensure.

Public Adjuster LOAs

Requires Exam: Life Accident & Health Property Casualty Personal Lines Title Does Not Require Exam: Variable Contracts Credit Products Crop Travel, Accident & Baggage Bail Bondsman Legal Title Practice Attorney No lines of authority is required for a business entity or non residents.

Public adjuster fees

Licensing Fee: $100 Amendment Fee: $100

Public adjuster exam required?

Yes

Address change request through NIPR?

DHS Contact Change Request Only

Continuing Education

Total hours per renewal period

24

Renewal period

2 years

License renewal date is

Last day of birth month

License renewal year based on...

Year of first license issuance

When is the CE due?

Prior to license expiration.

How long before expiration does state send CE reminder?

45 days prior to expiration date

Exemptions to CE

If you’ve continuously held your license since Jan. 1, 1994, you're exempt from CE. Limited lines licensees are also exempt from CE.

What if a producer missed the renewal date?

Producer may apply for reinstatement up to one year past expiration.

CE instructors get credit for teaching courses?

Yes, up to double course value

Can rollover excess hours?

Yes

Amount of rollover credits allowed

Up to 12, all as general CE

Ethics requirements

3 ethics and consumer protection

Flood-specific CE requirements

Property or casualty licensees must comply with 3 hours of NFIP course

LTC-specific CE requirements

8-hour initial certification, with 4 hours of LTC-specific training every two years

Annuity-specific CE requirements

One-time, 4-hour course

FAQs