Regulatory Updates

Illinois is requiring 4 hours of CE biennially. Credit will be given on a hour-by-hour basis and must be reported by a registered CE provider association. These credits do not settle the ethics requirement.

To better track catastrophe adjusters that are brought into the state in the case of an emergency, LA is requiring additional information that must be submitted at registration.

This is a reminder that on June 3, 2022, VT will be displaying the Vermont 2022 Appointment Renewal Invoices. The renewal period is June 3-30.

This announcement includes a full list of laws enacted in 2022 and two highlighted callouts in terms of compliance.

This will now go into effect on June 10th rather than May 27th. This change will allow a business entity to electronically update the physical address, email, and phone number.

Effective July 15, 2022, Pennsylvania will add a non-uniform question for resident individual initial and renewal applications and two optional questions for residents and nonresidents licensing and renewals.

(UPDATED) The renewal period is August 2, 2022 - August 31, 2022. The termination deadline for appointments that one does not wish to renew is June 30th, 2022. A 15 day backdating period is allowed. The fee is $75 for both businesses and individuals.

Note: This announcement originally stated the renewal period started on July 19th. This was updated to July 21st on July 18th.

Resident and nonresident producer licenses that had the LOAs previously separated will no longer see those LOAs (MA, PL, SU, and VE) and only see P&C. There will be no changes to LOAs listed on licenses that have only PL or SU LOAs.

A mandatory "disallowed expenses" data call for the 2021 calendar year was issued by Texas. This call applies to licensed companies that wrote premium for: fire, allied lines, private crop, farm owners multiple peril, homeowners multiple peril, commercial multiple peril, inland marine, medical malpractice, other general liability, products liability, private passenger automobile, commercial automobile, fidelity, or surety. The document must be filled out and returned by July 8.

Insurance Producers with 25 years or more of licensure and are 65 years or older are exempt. If a portion of this licensure was in a different state, appropriate documentation from that state must be provided. .