Regulatory Updates

On June 5, 2025, California Department of Insurance officials posted a notice reminding education providers that, to be certified with the state, they have to submit an application and periodically renew their information, such as names, addresses, and qualifications of education providers.

Wyoming Department of Insurance officials have implemented a guaranteed issue period for Medicare beneficiaries who have Medicare Supplement policies. Beginning June 4, 2025, beneficiaries now have from their birthday until 63 days later to exchange their Supplement plan for an equivalent or lesser plan, and insurers must honor this guaranteed issue period.

On June 4, 2025, the New Hampshire Insurance Department issued a reminder that it's illegal to sign an insurance application as the "producer of record" if you haven't interacted with the consumer. The reminder arose out of consumer complaints to the department that stemmed from applications where the producer who signed the policy isn't the person who talked to the consumer throughout the sales process.

Please see the attachment for more information.

Effective January 1, 2025, California Department of Insurance has adopted the 2025 adjustments calculated by the NAIC. Under California Insurance Code, qualifying "commercial insureds" are exempt if they meet the threshold for: Net worth, Annual revenues, and Annual budgeted expenditures. Please see the below attachments for more information about these changes and a checklist for these exemptions.

Update August 21, 2025: The effective date is being updated to August 28, 2025. Update July 29, 2025: The effective date is being updated to August 8, 2025.

Effective August 1, 2025, Florida will load terminated appointment records to the Producer Database. The initial release will load up to seven years of historical terminated appointment data into the Producer Database. Termination records older than seven years ago will not be displayed.

Effective June 1, 2025, Arkansas company appointment renewal invoices will be available for payment from June 1, 2025, through June 30, 2025. The termination deadline is May 24, 2025. The invoice fees are based on the residency of the appointee. For the license classes: Insurance Producer, Exchange Agency, Exchange Producer, Purchasing Group Broker, Risk Retention Agency, Risk Retention Agent, Title Agency, Title Agent - Resident: $20 - Nonresident: $60

Posted May 30, 2025, South Dakota will be transitioning to State-Based Systems (SBS). During this time, Pearson Vue will not be offering in-person or online testing for South Dakota from July 10 through July 15. Please see the attachment for more information. 

Posted May 30, 2025, Georgia made additional rule changes for CE courses and providers from the March 25, 2025, updates. These changes revolve around: - Reduction of hours needed - Where to submit proof of approved courses (before or after March 25, 2025) - Changing the definition of online courses - Retention of documents and historical time frame - Limitation on how many hours of class attendance and self-study/online can be offered

Please see the attachment for more information. 

Effective May 30, 2025, Texas will update the company license class for Health Maintenance Organization for display on the Producer Database. The lines of business offered for this company license class are as follows: - Health Maintenance Organization Basic - Health Maintenance Organization Single Service - Health Maintenance Organization Limited

Effective June 13, 2025, Indiana will update Minnesota's renewal and reinstatement retaliatory fees. The new fee structure will be a $40 base license fee and $50 per line of authority.