Regulatory Updates
The world of insurance compliance regulation is ever-changing. But that’s no reason to fret. Keep up with regulatory updates here in our live feed. With relevant changes to licensing, appointments, continuing education rules, and more, you can take a proactive approach to maintaining your organization’s compliance requirements.
March 21st , 2023
Effective:
March 24th , 2023
March 24
Maine
Maine Will Add Self Storage Provider
Starting from March 24, 2023, Maine will add a Self Storage Provider/Self Storage license to the PDB for display purposes only.
Pending
March 16th , 2023
Effective:
August 01st , 2023
August 01
Illinois
Illinois Adds Grace Period
The Illinois DOI has announced a grace period to implement changes made to 50 Illinois Administrative Code 3120, which includes new supervisory requirements for insurers to ensure producer compliance and training requirements for producers selling annuities. Companies are expected to comply by August 1, 2023.
Pending
March 14th , 2023
Effective:
March 14th , 2023
March 14
Maine
Main to Add Limited – Home State
Effective March 14th Main will be adding the Limited - Home State line of authority for Individual Renewals.
Effective
March 14th , 2023
Effective:
March 14th , 2023
March 14
Hawaii
Hawaii Updates Appointment Mapping
As of February 14th Hawaii added appointment mapping for Travel and Car Rental. This is for companies that hold Marine and Transportation, and Vehicle.
Effective
March 13th , 2023
Effective:
May 01st , 2023
May 01
Nebraska
Nebraska 2023 Company Appointment Renewal Period
Nebraska has announced their 2023 Company Appointment Renewals dates.
Pending
March 10th , 2023
Effective:
March 10th , 2023
March 10
New York
New York to Remove Non-Uniform Question
Effective March 10th, New York removed a Non-Uniform Background Question.
Pending
March 07th , 2023
Effective:
April 14th , 2023
April 14
Missouri
Missouri Will Update LOA Descriptions
Beginning in From April 14, 2023, Missouri will update the Surplus Lines and Motor Vehicle Extended Service Contract descriptions to align with license classes in the PDB and NIPR Gateway for various licensing applications, including RL RLR, NRL, and NRR.
Pending
March 07th , 2023
Effective:
April 14th , 2023
April 14
Iowa
Iowa Update to Officer/Director Field
Effective April 14th Iowa will require the Officer/Director field to be mandatory in the initial application for Business Entity Applicants
Pending
March 06th , 2023
Effective:
April 14th , 2023
April 14
Kentucky
Kentucky Updates Values for Appointments and Terminations
Beginning on 4/14/2023 Kentucky will require the NPN for Appointment and Termination transactions.
Pending
March 03rd , 2023
Effective:
April 01st , 2023
April 01
New Jersey
New Jersey Company Appointment Renewals for 2023
New Jersey has released their 2023 appointment renewal dates.
Pending
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Disclaimer - AgentSync does not warrant to the completeness or accuracy of the information provided in this database. You are responsible for ensuring the accuracy and totality of all representations, assumptions, information and data provided by AgentSync to you in this database. The information in this database should not be construed as legal, financial, or other professional advice, and AgentSync is not responsible for any harm you sustain by relying on the information provided herein. You acknowledge and agree that the use of this information is at your own risk. You should always consult with the applicable state and federal regulatory authority to confirm the accuracy of any of the information provided in this database.
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analyzed
Our compliance experts have identified the update and analyzed it for impact on both the industry and AgentSync products.
pending
The time between the update's publication date and effective date.
effective
The date the update takes effect.
released
This means an AgentSync product was updated as a result of this change and the update is now live in our product(s).