Publication Date
2024-01-22
effective date
2024-02-16
jurisdiction
Massachusetts Division of Insurance Will be Adding a National Producer Number for all Resident Licensing Transactions for Business Entities to Ensure Compliance
Effective February 16, 2024 Massachusetts will automatically be adding an NPN to all Business Resident License transactions at the time of application and will allow Massachusetts to be fully compliant. Business entities with an existing NPN will continue to use their existing one.
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