Guam
Guam to Open Company Appointment Renewal Invoices Beginning in April 1, 2024
Effective, April 1, 2024 through June 30, 2024, Guam will make invoices available for Companies / Firms. Below is important information about the renewal period:
- Renewals to be electronically processed, do not send to Guam Department of Revenue and Taxation
- Termination notices must be received prior to 11:59 PM Central on March 25, 2024
- Invoices to be generated March 26, 2024 and appointments with a July 1, 2024 expiration will be included on the invoice
- After July 1, 2024, companies cannot remove appointments from invoice
- Appointments submitted on or after March 25, 2024 will have a July 1, 2025 expiration date
- All appointments to be canceled if invoice not paid by June 30, 2024 at 4 PM Central
- $25 Producer Appointment Renewal Fee from April 1, 2024 through June 30, 2024
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.
analyzed
pending
effective
This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.
categories
Renewals
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).