Publication Date
2023-11-21
effective date
2024-01-01
jurisdiction
Illinois to Update Bail Bond Requirement for Public Adjusters
Effective January 1, 2024, Illinois to Update Bail Bond Requirement for Public Adjusters. Bond Amounts for Public Adjusters will change from $20,000 to $50,000.  This change will affect the following:  - Resident Licensing,  - Non Resident Licensing,  - Non Resident Licensing  - No Home State applications for Public Adjusters. No Impact to Manage Posted to the compliance library
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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analyzed
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pending
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effective
info
This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.
categories
Adjuster