Publication Date
2023-12-07
effective date
2023-12-07
jurisdiction
Alabama Issues 2024 Company Appointment Renewals
The invoice renewal period for Producer, Service Representative, Title Insurance Agent and Portable Electronics Insurance is from January 5, 2024 - Feburary 28, 2024.

**Renewal Fees**
Producer - $25 / appointment
Service Representative - $40 / appointment
Title Insurance Agent - $10 / appointment 
Portable Electronics Insurance - $25 / appointment  

**There are 3 Late Renewal Fee Periods **
Applicable for Producer, Service Representative, Title Insurance Agent and Portable Electronics Insurance.
March 1, 2024 - March 31, 2024 - Late Fee of $250 + Invoice Fee 
April 1, 2024 - April 30, 2024 - Late Fee of $500 + Invoice Fee 
May 1, 2024 - May 31, 2024 - Late Fee of $750 + Invoice Fee  

The termination deadline is December 31, 2023.
AgentSync Actions
Our compliance experts are constantly searching for and analyzing industry updates. Their findings are then recorded in the Regulatory Updates section of the Compliance Library to explain how the update impacts the insurance industry. If a change impacts an AgentSync product, this will be highlighted to inform you that the product is being updated to ensure you remain in compliance.
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This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.
categories
Appointments & Terminations

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