Regulatory Updates

Wyoming updates the TPA requirements for initial licensing and renewals that are effective immediately. Expand for a summary of the requirements and to view the original document.

The updates will reflect the best interest standards for annuity sales based on the National Association of Insurance Commissioners Suitability in Annuity Transactions Model. The updates result in a one time, 4 credit training course.

The invoice renewal period is November 2, 2022, 8 AM CST until January 2, 2023, 4 PM CST. The deadline for terminations is October 27, 2022. After an appointment is renewed, the new date displayed on the PDB will be December 31, 2023.

Effective Nov. 3rd, 2022, Colorado will adjust their licensing fees to remain in compliance with statutory requirements.

Effective as of September 9, 2022, Oregon began to offer renewals for Pharmaceutical Sales Representative. This is for Resident and No Home State Renewals.

This update notes that KY will only accept Premium Tax Annual Reconciliation Report reports filed via the direct upload to the Departments eServices portal. Any other methods will not be accepted.

Kentucky has put out a bulletin that states the Department will no longer accept Premium Tax Annual Reconciliation Reports filed anywhere other than the Department's own direct eService upload.

FINRA has released significant dates for Preliminary Statements, Post-Dated Form Filings, Renewal Reports, and Renewal Fees & Payment Methods

The 2022 Oklahoma appointment renewal dates are November 24, 2022 - December 31, 2022. Appointments must be terminated by November 16, 2022, if they are not to be renewed

Effective October 19, 2022, Florida will display the Emergency Adjuster license class on the PDB.