Publication Date
2024-07-30
effective date
2024-07-01
jurisdiction
Illinois Resident and Nonresident Producer License, & Car Rental Limited License Fee Changes
Effective July 1, 2024, Illinois made resident and nonresident producer license fee, and car rental limited license fee changes.  Illinois removed the following citation information on their department website, and “IL Insurance Licensing Examination Handbook”.

The Department verifies licensure in the previous state using the producer database.  A letter of clearance less than 90 days old is still required for producers who are moving to Illinois.

Illinois also updated the following verbiage within the examination handbook.
- _The exam fee is $92.00.  The exam fee must be paid at_ _the time of reservation._
- _Applicants must complete pre-licensing education before_ _taking the exam._
Please see the attachment for more information
- Resident
- Producer
- Initial Application and Biennial renewal is currently $180.00 and will change to $215.00
- Exam Fee is currently $103.00 and will change to $92.00
- Limited Representative
- Rental Car Company  is currently $180.00 and will change to $215.00
- Nonresident
- Producer
- Initial Application and Biennial Renewal is currently $250.00 and will change to $380.00
- Limited Representative
- Rental Car Company renewal is currently $250.00 and will change to $380.00
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

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