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.
January 24th , 2022
Effective:
August 01st , 2022
August 01
Louisiana
Louisiana Update to their Information Security Program
Louisiana originally issued information regarding the Security Program of the Insurance Data Security Law on June 3, 2001. This announcement provides updated guidance on the standards applicable to licensees relative to data security.
Effective
January 22nd , 2022
Effective:
January 22nd , 2022
January 22
Pennsylvania
Pennsylvania Issues Eligible Surplus List
Effective immediately, the list contains all eligible surplus lines insurers.
Effective
January 21st , 2022
Effective:
January 21st , 2022
January 21
Kansas
Kansas Adding Missing Appointment Records
NIPR is reporting that 150,000 Appointment records (active and terminated) were missing from the Producer Database as a result of a migration issue. This will be corrected tonight.
Effective
January 21st , 2022
Effective:
March 01st , 2022
March 01
Virginia
Virginia Reinstatement Fees to Initial Applications
Virginia will charge a reinstatement fee for an LOA if the license associated was already renewed and the LOA was within a year of its expiration date.
Effective
January 20th , 2022
Effective:
January 20th , 2022
January 20
Idaho
Idaho Introduces New Producer Licensing Supervisor
Idaho welcomes their new Producer Licensing Supervisor, Lori Thomason. Also a thank you and congratulations is in order for Lisa Tordjman on her well deserved retirement.
Effective
January 20th , 2022
Effective:
February 03rd , 2022
February 03
N/A
NIPR Returns Message with NPN Value is Nonnumeric
Starting Feb 3, 2022, NIPR will return the error "NPN is not numeric" when an NPN is submitted containing non numeric characters. Prior to this adjustment, NIPR sent back a blank response.
Effective
January 20th , 2022
Effective:
March 03rd , 2022
March 03
N/A
NIPR Sets Max Limit of Four Report Options that can be Requested in a Single Company Specialized Report
On February 3rd, 2022, NIPR will enforce four maximum report options requested within a single Company Specialized Report. This is already in place when the request is placed through the PDB web application (GUI).
Effective
January 19th , 2022
Effective:
March 11th , 2022
March 11
Louisiana
Louisiana removing SSN Requirement
Louisiana is removing the Applicant.Tax\_NumSocial Security Number requirement on March 11th, 2022. This will apply to individual applicants for both appointments and terminations.
Released
January 18th , 2022
Effective:
March 03rd , 2022
March 03
District of Columbia
DC 2022 Company Appointment Renewals
District of Columbia has announced that their 2022 company appointment (Producer and title) renewal period starts on March 3, 2022 and ends May 31, 2022. These payments will only be accepted electronically via NIPR.
Effective
January 14th , 2022
Effective:
January 14th , 2022
January 14
Utah
Utah Clarifies Surplus Lines Verbiage
With this amendment, no regulations or requirements have been changed. The phrasing of rules R590-157 will make the language more clear. See attachment for more details.
Effective
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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).