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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November 21st, 2024
Effective:
December 31st, 2025
map-marker New Mexico
New Mexico Reminder Upcoming Annual Registration Renewal Fees
Posted November 19, 2024, New Mexico sent out a reminder about upcoming due dates for annual registration renewal fees (December 31, 2024). For timely processing, New Mexico advises renewal fees should be submitted on or before December 9, 2024. Please see the attachment for more information.
Effective
November 21st, 2024
Effective:
December 13th, 2024
map-marker New York
New York License Status “Cancelled” Renewal Updates
Effective December 13, 2024, New York applicants with a Status Reason of “Cancelled” with a future expiration date will not be able to submit electronically. They will need to contact the New York Department of Financial Services (DFS) for additional information. New York applicants with a Status Reason of “Cancelled” and an expiration date in the past will still be able to be processed electronically.
Effective
November 21st, 2024
Effective:
March 31st, 2025
map-marker North Carolina
North Carolina 2025 Company Appointment Renewals
Posted November 19, 2024, North Carolina announces that the company appointment renewal invoices will be available for payment from February 3, 2025, to March 31, 2025. The termination deadline is January 22, 2025. The invoice grace renewal period is April 1, 2025, to May 14, 2025, until 4 pm central time   Please see the attachment for cost information.
Effective
November 20th, 2024
Effective:
December 15th, 2024
map-marker Maine
Maine Adding Additional Nonresident Surplus Lines Broker Requirements
Effective December 13, 2024, Maine will require nonresident applicants applying for a Surplus Lines Broker line of authority to hold Surplus Lines in their resident state.
Effective
November 15th, 2024
Effective:
November 15th, 2024
map-marker Vermont
Vermont to Implement New Transaction Types to Process DRLP Changes
November 15, 2024, Vermont will implement new transaction types to process designated responsible licensed producers (DRLP).
Pending
November 15th, 2024
Effective:
November 01st, 2024
map-marker Delaware
Delaware Appointment Fee Update and Resident Licensing Requirements
Effective November 1, 2024, Delaware made the following updates: Resident Licensing Cleaned up the language for a resident producer license - A resident producer license applicant must: - Be a Delaware resident; or - Work for a business entity that: - Is licensed to conduct the business of insurance in Delaware; and - Maintains a physical location in Delaware that is open to the public and from which such business is conducted. Nonresident License - Appointment fees have been reduced from $50 to $25 Please see the following link for more information. 
Effective
November 15th, 2024
Effective:
December 13th, 2024
map-marker Massachusetts
Massachusetts Nonresident Validation Of Exams
Effective December 13, 2024, Massachusetts will begin validating exams for nonresident Public Adjuster and Adviser applicants. Applicants without a passed exam record will be unable to apply electronically.
Effective
November 15th, 2024
Effective:
November 15th, 2024
map-marker Oklahoma
Oklahoma Insurance Day 2024
Posted November 13th, 2024, Oklahoma sent out an email about the state's upcoming Oklahoma Insurance Day on December 4, 2024. Six hours of Continuing Education is being offered for those who attend. Please use the link below for more information about the event. [Oklahoma Insurance Day 2024](https://web.cvent.com/event/ffbf17a5-b6a5-4487-b397-3a8f60ad5385/summary) Please see the attachment for more information. 
Effective
November 15th, 2024
Effective:
November 18th, 2024
map-marker Florida
Florida Go-Live SLIP+
Update: Effective December 31, 2024, Florida will be retiring the legacy SLIP platform and moving everyone to the SLIP+ platform.  Posted November 14, 2024, Florida announced starting November 18, 2024, all Surplus Lines Information Portal (SLIP) users will be redirected to SLIP+, which was launched in beta a month ago. You will use your existing SLIP credentials to log into SLIP+. Please use the link below for more information. [SLIP+ Update](https://createsend.com/t/r-DA109A4EBC79F0B52540EF23F30FEDED)
Effective
November 14th, 2024
Effective:
December 13th, 2024
map-marker New Jersey
New Jersey Offers TPA and Third Party Billing Services Licenses Electronically Using No Home State Application
December 13, 2024, New Jersey will implement No Home State Initial and Renewal products for Third Party Administrator and Third Party Billing Service. 
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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pending
The time between the update's publication date and effective date.
effective
The date the update takes effect.
released
This means an AgentSync product was updated as a result of this change and the update is now live in our product(s).

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