Publication Date
2023-06-26
effective date
2023-08-11
jurisdiction
NY Changing License Class Codes
Effective August 11, 2023, New York will be changing the following License Class Codes: License Class 2 Broker will be License Class 13233 Property and Casualty Broker License Class 622 Life Broker will be License Class 13253 Life/Accident & Health Broker License Class 167 Property/Casualty Agent will be License Class 13254 Property/Casualty Agent License Class 135 Life/Accident & Health will be License Class 13255 Life/Accident & Health Agent
Currently License Classes 167 and 134 could be appointed via the NIPR Gateway. Effective August 11, 2023, License Classes 13254 and 13255 can be appointed via the NIPR Gateway. There will be no changes to the LOA Code Offering.
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

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