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.
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).
Louisiana is removing the Applicant.Tax\_NumSocial Security Number requirement on March 11th, 2022. This will apply to individual applicants for both appointments and terminations.
District of Columbia has announced that their 2022 company appointment (Producer and title) renewal period starts on March 3, 2022 and ends May 31, 2022. These payments will only be accepted electronically via NIPR.
With this amendment, no regulations or requirements have been changed. The phrasing of rules R590-157 will make the language more clear. See attachment for more details.
For those holding a Kansas nonresident license, you may be seeing the 'crop' LOA incorrectly added to your license. This is an error that NIPR is working to correct. It is estimated this LOA will need to be removed from 48,000 licenses. Note this was not processed as planned and was changed to be effective January 15, 2022.
There was an issue that led to incorrect expiration dates on West Virginia licenses. This issue has been resolved and can be viewed on the producer database. The expiration date will now read January 13, 2022.
Several states have released key information on Surplus Lines and can be found in the attached document.
On January 10th PDB alerts will appear as a result of the Kansas conversion to state based systems. From the conversion, 400,000 lines did not migrate properly on inactive licenses. The impact of this is the PDB will not load these appointments. This announcement notes that the appointments were not deleted and this error is working on being corrected.
Please try searching with another term
For the truly curious, subscribe to our updates and never miss a relevant regulatory update.