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.
February 03rd , 2022
Effective:
February 03rd , 2022
February 03
Alaska
Alaska Publishes its List of Surplus Lines Insurers
A list of eligible surplus insurers for the state of Alaska has been published.
Effective
January 28th , 2022
Effective:
January 28th , 2022
January 28
Oregon
Oregon Clarifies Their Nonresident Adjuster CE Requirements
This announcement aims to clarify the previous announcement that all Adjusters renewing their license in January 2022 need to obtain 24 hours of CE. It is made clear that OR is allowing for complete reciprocity with the adjuster's home or designated home state. This approval will happen automatically so there is no need to file for course approval.
Effective
January 28th , 2022
Effective:
April 01st , 2022
April 01
North Carolina
North Carolina to add Bail Bond License Classes to NIPR for Renewal
North Carolina is to begin offering Bail Bondsman License Classes for Individuals for resident licensing renewals. The licensing fee is $200/license and the renewal processing fee is $76/license.
Released
January 28th , 2022
Effective:
January 28th , 2022
January 28
Louisiana
Louisiana Offering a New CE Online Submission Method
Louisiana introduces the LDI Industry Access System (IAS) as the new online method to submit continuing education courses. Through the introduction of a new module, education providers can submit new course filings, submit course renewals, and report repeat course offering schedules for already approved courses.
Effective
January 28th , 2022
Effective:
February 14th , 2022
February 14
Arkansas
Arkansas finalizes their Pre-license Requirements Pertaining to Adjusters and Producers
Arkansas has finalized the required course of instruction requirements for adjusters and producers.
Effective
January 27th , 2022
Effective:
January 28th , 2022
January 28
Connecticut
Connecticut Line of Business Update for Risk Retention Group
Connecticut will add the Line of Business assignment of 'None' to the Company license class, Risk Retention Group. The following LOBs will no longer be assigned to the Risk Retention Group license class: Auto Liability (Bodily Injury and Physical Damage), Commercial Multiple Peril, Servicing Existing Business - No New or Renewal Business, and Liability Other than Auto (Bodily Injury and Property Damage. Note the state update for more detail.
Effective
January 27th , 2022
Effective:
January 27th , 2022
January 27
Mississippi
Mississippi Now Requiring Annuity Training for Both Residents and Nonresidents
Mississippi has updated its CE requirements for residents and nonresidents. Annuity training is required for both.
Effective
January 26th , 2022
Effective:
January 26th , 2022
January 26
Connecticut
Connecticut Makes Changes to CE requirements
Connecticut has removed their CE requirement that at least 6 hours are required for each line of authority held at the beginning of the biennium. Additionally, 24 CE hours may be carried from one two year license period to the next.
Released
January 25th , 2022
Effective:
January 25th , 2022
January 25
Florida
Florida has Changed Payment Vendors for the Online Applications and eAppoint Systems
Florida has changed payment vendors for the online application and eAppoint systems. This will result in some payment screens changing in appearance and the option to enter an email to receive payment confirmation.
Effective
January 24th , 2022
Effective:
March 16th , 2022
March 16
Massachusetts
Massachusetts Converts to State Based Systems
Massachusetts will convert to State Based systems on March 16, 2022. This change will impact the Producer Database as well as NIPR Gateway products.
Released
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Disclaimer - AgentSync does not warrant to the completeness or accuracy of the information provided in this database. You are responsible for ensuring the accuracy and totality of all representations, assumptions, information and data provided by AgentSync to you in this database. The information in this database should not be construed as legal, financial, or other professional advice, and AgentSync is not responsible for any harm you sustain by relying on the information provided herein. You acknowledge and agree that the use of this information is at your own risk. You should always consult with the applicable state and federal regulatory authority to confirm the accuracy of any of the information provided in this database.
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analyzed
Our compliance experts have identified the update and analyzed it for impact on both the industry and AgentSync products.
pending
The time between the update's publication date and effective date.
effective
The date the update takes effect.
released
This means an AgentSync product was updated as a result of this change and the update is now live in our product(s).