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.
Effective June 16, 2023, New Mexico will only require public adjusters to hold a surety bond. See attachment for full details.
Advisory Letter No. 2015-02, originally issued June 3, 2015, is hereby revised and reissued to provide updated guidance and clarity due to changes in the law since its original issuance. See attachment for full details
Louisiana sends guidance regarding producer compensation in the form of a fee. See attachment for details.
Maryland amends prohibition on rebates and inducements of products and services by an insurer. See attachment for full details.
West Virginia summarizes its 2023 legislation. See attachment for details.
Delaware sends reminder regarding address and payment mailing requirements. See attachment for details
Tennessee provides clarification to the Suitability in Annuity Transactions requirement. See attachment for full details.
Alabama 2023 Pre-Need Company Appointment Renewals Invoice Renewal Period will be May 1, 2023 to September 01, 2023 Termination Deadline April 27, 2023
Wyoming updates regulation governing suitability in annuity transactions. See attachment for full details.
California sent a reminder for background check disclosures. California Insurance Code (Cal. Ins. Code) section 1729.2 requires all licensees and applicants to report any changes in background information to the California Department of Insurance (CDI) within 30 days of the date the licensee or applicant learns of the change in background information. See attachment for full details.
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