Publication Date
2022-03-31
effective date
2022-05-27
jurisdiction
California Converts to PLMA Standards
May 12, 2022, California will be converting existing Producer license class descriptions to meet PLMA standards. This will impact licensing, termination, and renewals for both residents and non-residents, entities and individuals.
Expect online access to be down from 5/6/22-5/13/22. **Licenses to be Updated: ** - Insurance Producer **Lines of Authority to be Updated: ** - Life - Only Agent - Accident and Health Agent - Variable Contracts - Property Agent Broker - Casualty Broker Agent - Personal Lines Broker Agent - Rental Car - Travel Agent - Registered Admin
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
General