Regulatory Updates

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. 

Effective June 30, 2026, Ohio will be requiring residents and nonresidents to be a pharmacy benefit manager (PBM) licensed to solicit a plan or plan sponsor that is domiciled in Ohio or has its principal headquarters or  principal administrative office in Ohio to act as a PBM.

- Pharmacy benefit manager means an entity that contracts with pharmacies on behalf of an  employer, a multiple-employer welfare arrangement, public employee benefit plan, state agency, insurer, managed care organization, or other third-party payer to provide claims processing services, pharmacy benefit management services or administration, or other prescription drug or device services. - Pharmacy benefit manager includes the state pharmacy benefit manager selected under OH ST § 5167.24. - A pharmacy benefit manager (PBM) must be licensed to solicit a plan or plan sponsor that is domiciled in Ohio or has its principal  headquarters or principal administrative office in Ohio to act as a PBM. - No person may provide pharmacy benefit management services unless licensed. - No person may solicit a plan, act as a PBM, or otherwise provide pharmacy benefit management services while the PBM license is expired. - A PBM license applicant must: - Submit the required license application, including evidence  satisfactory to the Superintendent that the applicant meets the  requirements in (c) and (d) below; - Pay the license fee; - If an individual: - Be at least 18 years old; - Not have been previously convicted of a financially related  felony; - Not have committed any act that is grounds for PBM license denial, suspension, or revocation; - Consent to a criminal records check (with results  satisfactory to the Superintendent); - Provide proof of U.S. citizenship or proof of legal  authorization to work in the U.S.; and - Provide any additional information or documents required by the Superintendent; and - If a business entity: - Be domiciled or maintain its principal place of business in  Ohio, as evidenced by a certificate of good standing issued by  the Secretary of State; - Identify all officers, directors, partners, or members of the business entity and identify any owners or members that hold 5% or more ownership in the entity; - Identify an officer, director, partner, or member responsible  for the entity's compliance with PBM statutes; - Not have been, and not have any officer, director, partner, or member that has been, previously convicted of a financially related felony; - Not have committed, and not have any officer, director, partner, or member that has committed, any act that is grounds  for PBM license denial, suspension, or revocation; and - Provide any additional information or documents requested by the Superintendent. - The Superintendent must approve or deny a license application  within a reasonable time after receipt. - Within 30 days after denying a license application, the  Superintendent must notify the applicant of: - The denial; - Reasons for denial; and - The right to a hearing within 30 days of receiving the notice. - Upon approval of the application and receiving payment of the  license fee, the Superintendent must grant the PBM license. - The initial PBM license is effective on the application approval date  and expires annually on June 30. - If the initial license is approved in May or June, the license  expires on June 30 of the following year. - The Superintendent must provide a renewal notice to each  licensee by May 1. - To renew a license, a PBM must: - Submit a renewal application; and - Pay the license renewal fee. -  A licensee must not apply for license renewal more than 90 days before the license expiration date. - The license will expire on the expiration date if the PBM does not apply for renewal and pay the renewal fee by the deadline. - A PBM may reinstate an expired license by paying a fee of 1.5 times  the regular renewal fee. - A PBM must notify the Superintendent if the PBM, or any owner of  the PBM, is subject to administrative action by a governmental entity  having professional, occupational, or financial authority in Ohio or  another state while the PBM holds a license under Chapter 3957.  The  notice must be provided within 30 days after the entry date of the  final disposition of the matter and must include: - A copy of the order; - Consent order; or - Any other relevant documents related to the matter. - - A PBM must notify the Superintendent of any criminal prosecution of the PBM, or any owner of the PBM, in Ohio or another state, other than a misdemeanor traffic offense, while the PBM holds a PBM  license. - The notice must: - Be provided within 30 days after the person's initial appearance before a judge or magistrate; and - Include a certified copy of the charging document. - Within 30 days after final disposition of the criminal prosecution, the PBM must provide the Superintendent with: - A certified copy of the court's entry or order that  reflects  the final disposition of the prosecution; and - Any other relevant documents related to the prosecution. Please see the attachment for more information.