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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Publication Date
jurisdictions
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February 10th, 2025
Effective:
February 08th, 2025
map-marker Pennsylvania
Pennsylvania Published List of Eligible Surplus Lines Insurers
On February 8, 2025, Pennsylvania has published the list of eligible Surplus Lines Insurers. Please see the attachment for more information.
Effective
February 10th, 2025
Effective:
March 14th, 2025
map-marker Iowa
Iowa Adding Business Entity Public Adjuster to Display On PDB, and Electronic Applications
Effective March 14, 2025, Iowa will add Business Entity Public Adjuster to display on the Producer Database and will allow the following electronic application submissions: - Resident Licensing - Resident Licensing Renewals - Nonresident Licensing - Nonresident Licensing Renewals
Effective
February 07th, 2025
Effective:
April 01st, 2025
map-marker Guam
Guam Company Appointment Renewals 2025
Effective April 1, 2025, Guam company appointment renewal invoices will be available for payment from April 1, 2025, through June 30, 2025. The termination deadline is March 25, 2025. The cost is $25 per appointment per Insurance Producer.
Effective
February 06th, 2025
Effective:
February 05th, 2025
map-marker Alaska
Alaska Amended State Surplus Codes
Posted February 5, 2025, Alaska found the below lines of coverage were put under the incorrect code. The state sent out a notice informing the public about this amendment. Please see the attachment for more information. - Commercial Auto - Auto Physical Damage
Effective
February 06th, 2025
Effective:
January 31st, 2025
map-marker North Dakota
North Dakota 2025 Renewal Reminder for Surplus Lines and TPA
Posted January 31, 2025, North Dakota sent out renewal reminders for the following license classes: - Surplus Lines - Third-Party Administrator Please see the attachment for more information.
Effective
February 05th, 2025
Effective:
February 06th, 2025
map-marker Rhode Island
Rhode Island Starts Displaying More License Classes on the Producer Database
Effective February 6th, 2025, Rhode Island will display the Medicare Prescription Drug Plan (Limited) on the Producer Database.
Released
February 03rd, 2025
Effective:
February 20th, 2025
map-marker Missouri
Missouri Displaying New License Classes on the Producer Database
Effective February 20, 2025, Missouri will start displaying the below license classes and lines of authority on the Producer Database. Some of these will be individual, business, or displayed under both entity types.
Released
February 03rd, 2025
Effective:
March 14th, 2025
map-marker Missouri
Missouri Allowing New License Classes to be Applied Electronically
Effective March 14, 2025, Missouri will process new license classes to be applied electronically for individuals and business entities via the following applications: - Resident Licensing - Non-Resident Licensing - Resident Licensing Renewal - Non-Resident Renewal
Effective
January 31st, 2025
Effective:
January 17th, 2025
map-marker Illinois
Illinois Switching to In-Person Exams Only
Effective January 17, 2025, Illinois moved to in-person exams only. All licensing candidates are encouraged to go to the Pearson Vue Illinois webpage to search for a testing facility near them. Please see the attachment for more information.
Effective
January 31st, 2025
Effective:
January 31st, 2025
map-marker Maryland
Maryland Credit Card Premium Payments FAQ Clarification
Posted January 30, 2025, Maryland posted an FAQ (Frequently Asked Questions) answering questions the Insurance Administration received from an earlier bulletin (17-10). The FAQ bulletin addresses: - Payment of premiums by credit card is based on laws prohibiting unfair discrimination in the terms or conditions of insurance for insureds - Insurers may not accept a premium or charge greater or less than the applicable classification and rates filed with the Commissioner or specified by the policy - If an entity or person accepts premium payment by credit card, the service must be made available to all existing and prospective insureds Please see the attachment for more information.
Effective
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