Regulatory Updates

The world of insurance compliance regulation is ever-changing. But that’s no reason to fret. Keep up with regulatory updates here in our live feed. With relevant changes to licensing, appointments, continuing education rules, and more, you can take a proactive approach to maintaining your organization’s compliance requirements.

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February 06th, 2025
Effective:
January 31st, 2025
map-marker North Dakota
North Dakota 2025 Renewal Reminder for Surplus Lines and TPA
Posted January 31, 2025, North Dakota sent out renewal reminders for the following license classes: - Surplus Lines - Third-Party Administrator Please see the attachment for more information.
Effective
February 05th, 2025
Effective:
February 06th, 2025
map-marker Rhode Island
Rhode Island Starts Displaying More License Classes on the Producer Database
Effective February 6th, 2025, Rhode Island will display the Medicare Prescription Drug Plan (Limited) on the Producer Database.
Released
February 03rd, 2025
Effective:
February 20th, 2025
map-marker Missouri
Missouri Displaying New License Classes on the Producer Database
Effective February 20, 2025, Missouri will start displaying the below license classes and lines of authority on the Producer Database. Some of these will be individual, business, or displayed under both entity types.
Pending
February 03rd, 2025
Effective:
March 14th, 2025
map-marker Missouri
Missouri Allowing New License Classes to be Applied Electronically
Effective March 14, 2025, Missouri will process new license classes to be applied electronically for individuals and business entities via the following applications: - Resident Licensing - Non-Resident Licensing - Resident Licensing Renewal - Non-Resident Renewal
Effective
January 31st, 2025
Effective:
January 17th, 2025
map-marker Illinois
Illinois Switching to In-Person Exams Only
Effective January 17, 2025, Illinois moved to in-person exams only. All licensing candidates are encouraged to go to the Pearson Vue Illinois webpage to search for a testing facility near them. Please see the attachment for more information.
Effective
January 31st, 2025
Effective:
January 31st, 2025
map-marker Maryland
Maryland Credit Card Premium Payments FAQ Clarification
Posted January 30, 2025, Maryland posted an FAQ (Frequently Asked Questions) answering questions the Insurance Administration received from an earlier bulletin (17-10). The FAQ bulletin addresses: - Payment of premiums by credit card is based on laws prohibiting unfair discrimination in the terms or conditions of insurance for insureds - Insurers may not accept a premium or charge greater or less than the applicable classification and rates filed with the Commissioner or specified by the policy - If an entity or person accepts premium payment by credit card, the service must be made available to all existing and prospective insureds Please see the attachment for more information.
Effective
January 30th, 2025
Effective:
January 31st, 2025
map-marker Washington
Washington Implements New Transaction Type to Process Primary Name Updates
Effective January 31, 2025, Washington will Implement new transaction types to process Name Change (Demographics) updates.
Pending
January 30th, 2025
Effective:
January 30th, 2025
map-marker New York
New York Updated Excess & Surplus Lines Insurers List January 30, 2025
Posted January 30, 2025, New York removed one company from the Excess & Surplus lines (E&S) insurers list and added four new companies. This list is maintained by the Excess Line Association of New York (ELANY). Please see the attachment for more information.
Effective
January 29th, 2025
Effective:
October 17th, 2025
map-marker Michigan
Michigan Adds Exempt Producer Licensing Conditions
Effective October 17, 2025, Michigan added a condition defining when an individual resident or nonresident producer license is not required. A person who sells travel or auto-related insurance connected with and incidental to any of the following: - A motor vehicle rental agreement not exceeding 90 days; or - The sharing of a motor vehicle under a car-sharing agreement, as defined in the [Peer-to-Peer Car Sharing Program Act](https://www.legislature.mi.gov/documents/2023-2024/publicact/htm/2024-PA-0223.htm)
Pending
January 28th, 2025
Effective:
March 14th, 2025
map-marker District of Columbia
District of Columbia License Renewal Cycle Update
Effective March 14, 2025, District of Columbia will be updating the renewal period for all license classes from 60 days before the license expiration date, to 90 days before the license expiration date.
Effective
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