Publication Date
2022-01-24
effective date
2022-03-16
jurisdiction
Massachusetts Converts to State Based Systems
Massachusetts will convert to State Based systems on March 16, 2022. This change will impact the Producer Database as well as NIPR Gateway products.
**Turn Off Time: **3/10/22 4PM CST - 3/16/22 (expected) **Changes to Note: ** - License numbers are changing to the NPN for residents and non residents individuals - Business entity license numbers will not change - Company license numbers will change and an updated list will be provided - All licenses requiring CE when renewing must be CE compliant prior to submitting the renewal - MA Provider and Course numbers will no longer start with a letter **New Offerings Include: ** - Individual Temp Insurance producer LOAs: Variable Life and Variable Annuity, Property, Casualty, Life, Personal Lines, Accident & Health or Sickness, Travel, and Credit - Individual Auto Damage Appraiser LOAs (Resident and Non-Resident): Auto Damage Appraiser - Insurance Advisor LOAs (Resident and Non-Resident): Accident & Health or Sickness, Property, Casualty, and Life - Life Settlement Broker LOAs (Resident and Non-Resident): Life - Public Ins Adjuster LOAs (Resident and Non-Resident): Public Insurance Adjuster - Reinsurance Intermediary Broker LOAs (Resident and Non-Resident): Accident & Health or Sickness, Property, Casualty, Life - Reinsurance Intermediary Manager LOAs (Resident and Non-Resident): Accident & Health or Sickness, Property, Casualty, Life - Motor Club LOAs (Resident and Non-Resident): Motor Club - Portable Electronics (Resident and Non-Resident): Portable Electronics This update will cause many PDB codes and Pin Codes to update. For more information on relevant industry changes please read the article linked.
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.
icon
analyzed
icon
pending
icon
effective
info
This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.
categories
Licensing