Publication Date
2022-07-18
effective date
2022-08-12
jurisdiction
North Carolina Changes to Adjuster License Types
On August 12, 2022, North Carolina will convert their Company/Independent Adjuster and Self-Employed Adjuster license type to be the Adjuster license class. The LOA will now be "Not Applicable". This will impact the following transaction types: RL, RLR, NRAL, NRAR, NHS, and NHSR.
Here are the changes to PDB codes (old license, old loa - new license, new loa): - Company/Ind Adjuster (3255), Company / Ind Adj Firm (3152) - Adjuster (5), LOA Not Applicable (791) - Self Employed Adjuster (3265), Self Employed Adjuster (3942) - Adjuster (5), LOA Not Applicable (791) Fees - Licensing: $75 - Registration Fee: $50 - Application Processing Fee: $44 - Reinstatement Reprocessing Fee: $34 - Renewal Processing Fee: $34
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