New Hampshire Issues Bulletin Regarding Notice Required Producer Terminated for Cause
On August 7, 2023, New Hampshire issued a bulletin laying out notice required when a producer is terminated for cause. See attachment for full details.
On August 7, 2023, New Hampshire issued a bulletin laying out notice required when a producer is terminated for cause. In this bulletin the NHID urges all insurance carriers to review their records to ensure that all terminations for cause over the previous 3 years (August 1, 2020 to August 1 2023) have been reported to the NHID Carriers have 30 days from the date of the bulletin to bring their organization into compliance. See attachment for full details.
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.