Publication Date
2023-07-27
effective date
2023-09-15
jurisdiction
Hawaii Adding Changes to Underlying License and Line of Authority Requirements
Effective September 15, 2023, new validations will be added for Hawaii to ensure underlying license and line of authority requirements are met. Life Settlement Broker must have a current license for at least one year as an Insurance Producer with a line of authority of ‘Life’ in Hawaii. Applicants renewing for the following license classes must hold an active Insurance Producer license in Hawaii. Reinsurance Intermediary Broker  Reinsurance Intermediary Manager  Managing General Agent 
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
Licensing