Idaho
Idaho Makes Changes For Residents For Appointment Renewals And Initial Appointments
Effective July 1, 2024, Idaho made changes for residents involving rule removal and rule language updates.
The following rule for appointment renewal of a managing general agent has been removed.
The managing general agent must continue to be licensed as an agent.
The following rule for the initial appointment was updated.
A producer is required to obtain an appointment to act as an agent of an insurer. The insurer's annual continuation fee includes agent appointment and renewal of appointment.
The managing general agent must continue to be licensed as an agent.
The following rule for the initial appointment was updated.
A producer is required to obtain an appointment to act as an agent of an insurer. The insurer's annual continuation fee includes agent appointment and renewal of appointment.
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
General
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).