Regulatory Updates

Posted April 15, 2025, Vermont company appointment renewal invoices will be available for payment from June 3, 2025, through June 30, 2025

The termination deadline is May 31, 2025. The costs are broken down below.

Posted April 11, 2025, North Dakota is moving towards combining the North Dakota Securities Department and the Insurance Department. This merger will: - Seek to simplify licensing/compliance - Efficient enforcement - Quicker resolution of fraud cases North Dakota will join 16 other states that have adopted this unified regulatory model. Please see the attachment, and check out the official North Dakota post here

Posted April 11, 2025, The Surplus Lines Association of California posted a bulletin that updated the List of Approved Surplus Line Insurers (LASLI) to reflect that: - Shield Indemnity Incorporated (Ohio) has been added to the LASLI effective April 10, 2025 The updated LASLI in its entirety is available on the CDI website. 

Please see the attachment for more information. 

Posted April 9, 2025, Ohio sent out a notice about the upcoming 2025 appointment renewal. - Any appointment that is active on June 30, 2025, will automatically be renewed effective July 1, 2025. A renewal invoice will be sent to the company in August 2025. The invoice will include the appointment renewal fees for all agent and agency appointments that were active as of June 30, 2025.  - All appointment termination requests must be completed before June 30, 2025. For more information please use the following URLs:  - 2025 Appointment Renewals - 2025 Ohio Agent/Agency Appointment Renewal

Posted April 10, 2025, Utah sent out a bulletin to remind title insurance producers and agencies of the requirements to keep licensed files updated with current information about DRLPs and Addresses.  The bulletin also includes reminders on how to reinstate an inactive license and special requirements for title insurance. Please see the attachment for more information. 

Effective October 13, 2024, Washington Security Division has adopted rules that add consistency with current federal law and FINRA rules, incorporate NASAA model rules, and clarified the current application filing procedures and registration requirements. Please use the following link for more information.

Effective May 1, 2025, Iowa Insurance Division will begin requiring state and federal background checks for resident applicants, including fingerprinting. Please use the following links for more information. - Obtain a New License or Authority - Producer Fingerprinting and Criminal History Checks

Posted April 9, 2025, New York added three companies to the Excess & Surplus lines (E&S) insurers list. This list is maintained by the Excess Line Association of New York (ELANY). Please see the attachment for more information.

Posted April 7, 2025, The Surplus Lines Association of California posted a bulletin that updated the List of Approved Surplus Line Insurers (LASLI) to reflect that: - Federated Specialty Insurance Company (Delaware) has been added to the LASLI effective April 4, 2025. - Superior Specialty Insurance Company and United Specialty Insurance Company have been redomesticated to Texas from Delaware effective January 8, 2025 - The updated LASLI in its entirety is available on the CDI website. 

Please see the attachment for more information. 

Effective June 13, 2025, Missouri will allow No Home State Initial and No Home State Renewal applications to be processed electronically for the following license classes: - Bail Bond Agent - General Bail Bond Agent - Limited Lines Self-Service Storage Producer - Motor Vehicle Extended Services Contract - Navigator - Organizational Credit - Portable Electronics Insurance Large - Portable Electronics Insurance Small - Surety Recovery Agent - Utilization Review