Regulatory Updates

Arkansas has finalized the required course of instruction requirements for adjusters and producers.

Connecticut will add the Line of Business assignment of 'None' to the Company license class, Risk Retention Group. The following LOBs will no longer be assigned to the Risk Retention Group license class: Auto Liability (Bodily Injury and Physical Damage), Commercial Multiple Peril, Servicing Existing Business - No New or Renewal Business, and Liability Other than Auto (Bodily Injury and Property Damage. Note the state update for more detail.

Mississippi has updated its CE requirements for residents and nonresidents. Annuity training is required for both.

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.