Regulatory Updates

On April 1, 2022, Virginia will be determining if a license is eligible for a late renewal or reinstatement by the authority status date for that producer. A licensee may have a late renewal or submission of a reinstatement on both their resident and nonresident license for up to one year after the LOA status date.

On January 1, 2021, Georgia changed their tax filing and payment process. The date for affidavits and payments is 45 days after the end of the calendar quarter. The date this is due will be based on when the policy premium transaction was received.

Effective July 1, 2022, South Dakota has added language to allow producers holding other lines of authority to sell travel and does not require a P&C producer to be appointed.

On March 11, 2022, Washington released an update on the "No Authority Required" LOA assignment being removed from Washington Adjuster license classes: Independent Adjuster, Public Adjuster, and Crop Adjuster. They released an update that noted this will now impact both individual and firm entity types.

Some appointments were wrongly added when Massachusetts converted to state based systems. These appointments will be deleted on March 30th.

Effective today, Colorado is removing the Attorney Title line of authority. This offering is available for resident and Nonresident license applications.

This update is a date change from a previous announcement. CT will now move their MVPD Appraiser license to a non-adjuster license class effective April 15, 2022.

Producers who transact annuity products must now complete a one time, four hour CE credit annuity training course to comply with the insurer's requirements.

North Carolina does not require a renewal fee for Nonresident Licenses IF the producer's Resident License if active. Currently, North Carolina is reviewing and cancelling all nonresident Licenses that do not have an active home state license. Those that do have an active home state license will see the expiration date on their Nonresident Insurance Producer Licenses set to March 31, 2024.

As of March 21, 2022, Hawaii will require all reinstatements (nonrenewals or licenses surrendered within one year of inactivation) to be handled electronically. Checks will not be accepted.