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.
Connecticut has removed their CE requirement that at least 6 hours are required for each line of authority held at the beginning of the biennium. Additionally, 24 CE hours may be carried from one two year license period to the next.
Florida has changed payment vendors for the online application and eAppoint systems. This will result in some payment screens changing in appearance and the option to enter an email to receive payment confirmation.
Massachusetts will convert to State Based systems on March 16, 2022. This change will impact the Producer Database as well as NIPR Gateway products.
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 immediately, the list contains all eligible surplus lines insurers.
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.
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.
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.
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.
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).
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