Regulatory Updates

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.

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December 20th, 2024
Effective:
February 14th, 2025
map-marker Nevada
Nevada Producer and Adjuster Rule Update
Effective February 14, 2025, Nevada will implement revised licensing rules for Resident and Nonresident Adjusters and Producers. If applications do not adhere to these rules, they will be automatically rejected. The updates are as follows:  Licensing Rule Changes  - Producers with Property and/or Casualty LOAs: Will be ineligible to apply for Adjuster licenses (Independent, Public, Company, or Staff Adjuster).  - Adjusters with Property and/or Casualty LOAs: Will be restricted from applying for Producer licenses with Property and/or Casualty LOAs.  Nevada is also taking steps to update Adjuster Business Rules that align with the latest Designated Home State (DHS) standardized template.
Effective
December 19th, 2024
Effective:
February 14th, 2025
map-marker Rhode Island
Rhode Island Amendment Fee Removed
Effective February 14, 2025, Rhode Island will update their amendment fee (LOA addition) from $50 to $0. This change is for Business Entities and individuals for: Resident, Nonresident, and No Home State applications. As well as Nonresident Adjusters applications for individuals. 
Effective
December 19th, 2024
Effective:
December 19th, 2024
map-marker Wisconsin
Wisconsin Termination Bulletin Reminder
Posted December 19, 2024, Wisconsin posted a bulletin reminding Insurance Companies that they must submit notice of agent termination within 30 calendar days of the termination date to the commissioner. Please see the attachment for more information. 
Released
December 19th, 2024
Effective:
February 14th, 2025
map-marker District of Columbia
DC Updating Exam Requirements When Moving To DC
Effective February 14, 2025, District of Columbia will be updating the exam requirements when an applicant moves to the District of Columbia from another state. The applicant is exempt from the license exam if applying within 90 days of the cancellation of their former resident state's license.
Effective
December 19th, 2024
Effective:
January 01st, 2025
map-marker Kansas
Kansas Implements a Nonresident Individual Reinstatement Fee
Effective January 1, 2025, Kansas is implementing a reinstatement fee for nonresident licensing for individual applicants who are reapplying 91 days past the license expiration date up to one year past the license expiration date. The fee will be $150 ($100.00 Reinstatement + $50.00 Application Renewal Fee.)
Effective
December 19th, 2024
Effective:
January 31st, 2025
map-marker California
California 2025 Premium Tax Filing
Effective January 31, 2025, California requires Surplus Line Brokers and Special Lines Surplus Line Brokers licensed to make an annual premium tax filing whether or not business was transacted during the reporting year via the Premium Tax Processing System Portal. For more information, please use the following link. [CA Tax Forms, Instructions & Information](https://www.insurance.ca.gov/0250-insurers/0300-insurers/0100-applications/tax-forms-instruct-and-info/index.cfm)
Effective
December 18th, 2024
Effective:
February 12th, 2025
map-marker Pennsylvania
Pennsylvania Provided Clarification Updates To Its Administrative Code
Effective February 12, 2025, Pennsylvania issues a bulletin providing additional clarification and modernization updates to its Administrative Code, resulting in a modernized and streamlined experience that will give more transparency and efficiencies to the public, licensees, and other stakeholders. Please see the attachment for more information. 
Effective
December 18th, 2024
Effective:
December 20th, 2024
map-marker Florida
Florida Populating Continuing Education Renewal Date on the Producer Database
Effective December 20, 2024, Florida will start populating the Continuing Education Renewal Date on the Producer Database for Florida license classes that require Continuing Education.
Released
December 16th, 2024
Effective:
May 31st, 2025
map-marker District of Columbia
District of Columbia 2025 Company Appointment Renewals
Effective March 4, 2025, District of Columbia company appointment renewal invoices will be available for payment from March 4, 2025, through May 31, 2025. The termination deadline is February 24, 2025. The cost is $25 per appointment per company. 
Effective
December 11th, 2024
Effective:
January 09th, 2025
map-marker Louisiana
Louisiana No Longer Allowing Partial Renewals
Effective January 9, 2025, Louisiana will start requiring applicants to renew all renewable lines of authority within the same license class in the same application. No partial renewals will be allowed.
Effective
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Disclaimer - AgentSync does not warrant to the completeness or accuracy of the information provided in this database. You are responsible for ensuring the accuracy and totality of all representations, assumptions, information and data provided by AgentSync to you in this database. The information in this database should not be construed as legal, financial, or other professional advice, and AgentSync is not responsible for any harm you sustain by relying on the information provided herein. You acknowledge and agree that the use of this information is at your own risk. You should always consult with the applicable state and federal regulatory authority to confirm the accuracy of any of the information provided in this database.
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effective
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