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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Publication Date
jurisdictions
content
April 28th, 2022
Effective:
January 01st, 2022
map-marker Maine
Maine Requiring Pet Insurance Training

On January 1, 2023, Maine will require Pet insurance carriers to provide training to both residents and nonresidents.

Released
April 27th, 2022
Effective:
May 16th, 2022
map-marker Vermont
Vermont Announces Departure of DFR Commissioner Mike Pieciak

Effective May 16, DFR Commissioner Mike Pieciak will be pursuing new opportunities. In the interim, Deputy Commissioner Kevin Gaffney will serve in this role.

Effective
April 25th, 2022
Effective:
April 25th, 2022
map-marker Michigan
Michigan Launches a New Website

The Michigan Department of Insurance and Financial Services announces a new website aims to give end users a new, modern experience. This website will continue to provide resources and assistance to consumers and licensees.

Effective
April 25th, 2022
Effective:
April 25th, 2022
N/A
Update to NIPR Transaction Assistant

NIPR announced that a new version of Transaction Assistant WSDL is available for download. This does not require clients to make changes to their projects.

Effective
April 22nd, 2022
Effective:
June 30th, 2022
map-marker Vermont
Vermont 2022 Company Appointment Renewal Dates

The Company appointment renewal period is June 3, 2022 - June 30, 2022.

Effective
April 21st, 2022
Effective:
April 21st, 2022
map-marker Iowa
Iowa Adopts Legislation for Travel Insurance

Iowa is to adopt travel insurance and therefore is to add a new license class/line of authority in the near future. The date this becomes effective has not yet been announced.

Effective
April 20th, 2022
Effective:
May 27th, 2022
map-marker Kansas
Kansas to Implement No Home State for Licensing and Renewals

Kanas is offering No Home State licensing and renewals to Producers (Individual and Business) and Portable Electronics (Business) license classes.

Effective
April 20th, 2022
Effective:
April 21st, 2022
N/A
NIPR Removes FEIN for Sole Proprietorships

The FEIN number will no longer be displayed on the PDB for firms reported as sole proprietorships. This goes into effect April 21, 2022.

Released
April 19th, 2022
Effective:
May 30th, 2022
map-marker Texas
Texas Issues Data Call in Catastrophe Area

This announcement is applicable to companies writing commercial property or business owners insurance in Texas.

Effective
April 19th, 2022
Effective:
May 15th, 2022
map-marker North Carolina
North Carolina Appointment Renewals that are Past Due

North Carolina sends reminder on company appointment renewals. We are now in the late renewal period. This period ends on May 15, 2022. Invoices not paid by this date will lead to the appointment being cancelled.

Effective
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