Regulatory Updates

Effective April 09, 2026, Mississippi updated the fee for getting a Certificate of Authority as a resident and nonresident. The original fee was $25; this fee has been increased to $50. The general requirements for Viatical settlement providers, representatives, and brokers have been updated.

GENERAL REQUIREMENTS - No person may act as a viatical settlement provider, viatical settlement representative or viatical settlement broker without a license. - Licenses are renewed annually on January 1. Renewal fees are the same as the application fees. Failure to pay the fees by the renewal date results in expiration of the license. - The privilege tax (license fee) for a viatical settlement provider is $200 payable annually on January 1. -  A viatical settlement representative must be appointed by a licensed viatical settlement provider or licensed viatical settlement broker. - The privilege tax (license fee) for viatical settlement representative or broker is $50. Term of license is January - January. A 50% penalty will be assessed if the license is not renewed by the due date. - Certificate of authority fee (appointment) is $50. - The license issued must be for a life authority. - Nonresident applicants must file one of the following with Commissioner: - A written designation of an agent for service of process; or - A written irrevocable consent that actions against the applicant may be commenced by service of process on the Commissioner. For more information about these changes, please use the link below.

Effective July 15, 2026, Kentucky is updating the language for residents and nonresident Third Party Administrators (TPA) and Managing General Agents (MGA). Additional requirements for the designated individuals' licenses to act under these licenses For more information about these changes, please see the following link. https://apps.legislature.ky.gov/record/26rs/hb527.html

Effective May 6, 2026, West Virginia will update late fees for Resident and Nonresident Professional Bail Bondsmen and Surety Bail Bondsmen.    - Resident License Renewal - Old Fee - $100 - New Fee - $0 - Nonresident License Renewal - Old Fee - $100 - New Fee - $0

Effective June 12, 2026, South Carolina will no longer accept partial renewals. All active lines of authority must be renewed. 

Effective May 5, 2026, Louisiana is requiring all authorized property and casualty insurers (admitted insurers), approved unauthorized property and casualty insurers (surplus line insurers), and surplus lines brokers conducting the business of insurance in the state of Louisiana to complete and submit Market Data through the POIDRS module in the Industry Access Portal, found at . 

Beginning with the 2026 data year, submissions shall be required on an annual basis, replacing the previous quarterly reporting requirement. Please see the attachment for more information

Effective May 4, 2026, Louisiana issued a bulletin notifying all licensed Third-Party Administrators (TPAs) of their obligations when entering into agreements with entities offering insurance products or services in Louisiana. Please see the attachment for more information 

Posted May 04, 2026, Maryland appointment renewal invoices will be available for payment from June 3, 2026, through August 31, 2026. The termination deadline is May 26, 2026.

The Maryland Motor Club Representative appointment renewal fee is $2.00 per appointment.

Effective August 14, 2026, Nebraska resident and nonresident fees will be updated for the following license classes. - Rental Car License - Initial / Annual Renewal will now be $50.00 - Self-Service Storage Facility Limited Licensee - Initial / Annual Renewal (not to exceed) will now be $50.00

Effective July 17, 2026, Nebraska requires that a Pharmacy Benefit Manager (PBM) be licensed (resident and nonresident). See requirements below.

- Pharmacy Benefit Manager - Initial - $500.00 - Annual Renewal - $250.00 -  A person must be licensed to operate as a PBM for a health benefit plan in Nebraska. - A PBM applicant must: - Submit an application; and - Pay a fee. - The Director may refuse to issue or renew a license if the Director finds that the applicant or any individual responsible for the applicant's conduct of affairs: - Is not competent, trustworthy, financially responsible, or of good personal and business reputation; - Has been found to have violated the insurance laws of Nebraska or any other jurisdiction; or - Has had an insurance or other certificate of authority or  license denied or revoked for cause by any jurisdiction. - Unless surrendered, suspended, or revoked by the Director, a PBM license is valid as long as the PBM: - Continues to do business in Nebraska; and - Remains compliant with the Pharmacy Benefit Manager Licensure and Regulation Act and any applicable rules and regulations, including submitting the required license renewal application and  fee. - The Director must receive the renewal application and fee at least  30 days before the anniversary of the effective date of the PBM's  initial or most recent license. - If a PBM fails to comply with the renewal requirements by the  deadline, the PBM must pay a $100 fine for each day of noncompliance in Nebraska. - In addition to the fine, if the renewal application and fee are not  received prior to the anniversary date, the PBM's license will be suspended - For good and sufficient cause shown, the Director may grant an extension up to 30 days to file the renewal application and fee  without a fine or suspension. - A PBM must immediately notify the Director of any material change  in its ownership or control or other fact or circumstance affecting its qualification for PBM licensure in Nebraska. Please see the following link for more information 

Effective May 14, 2026, Ohio will no longer accept Sole Proprietor for Nonresident License Business Entity Applications.