Regulatory Updates

Effective January 1, 2026, Alaska has clarified licensing requirements for both third-party administrators (TPAs) and pharmacy benefits managers (PBMs). These updates apply to both resident and nonresident entities. Additionally, the state has revised licensing fees for these classes and updated the “Health” line of authority to now read: “Accidental and Health or Sickness.”

Alaska must license an individual or legal business entity before transacting business in Alaska with Alaska residents, or concerning a subject either located in or to be performed in Alaska.  Alaska requires a license to act as: - Insurance Producer; - Managing General Agent; - Reinsurance Intermediary; - Independent Adjuster;  - Surplus Lines Broker; - Third-Party Administrator;  - Pharmacy Benefits Manager

License Class - Third Party Administrator Current Fee - $300 New Fee - $2,000.00

License Class - Pharmacy Benefits Manager Current Fee - $300 New Fee - $20,000.00

Continuing Education Note: Nonresident licensees are generally exempt from Alaska’s continuing education (CE) requirements, except for nonresident independent adjusters who designate Alaska as their home state.

Please see the attachment for more information

Posted July 18, 2025, New York removed one company from the Excess & Surplus lines (E&S) insurers list and added four new companies. This list is maintained by the Excess Line Association of New York (ELANY). Please see the attachment for more information.

Effective August 15**, **2025**,** Idaho will update its renewal period for Third Party Administrators (TPA) to 60 days before the license expiration date.

Effective August 15, 2025, Oregon will be offering a Public Adjuster license class. Oregon will also allow updating the Designated Responsible License Producer electronically and removing background questions required for licensing.

Posted July 10, 2025, North Carolina sent out a reminder that the renewal period for the North Carolina Surplus Lines licensing is now open. These applications can be processed electronically. 

Posted July 10, 2025, Texas’s Governor Greg Abbott issued a disaster declaration in response to the Hill Country flooding. The bulletin posted by the Texas Department of Insurance (TDI) provides disaster guidance. Please use the following URL.

Effective January 1, 2026, Louisiana Department of Insurance amends its licensing and appointment fees. Please see the attachment for details on the price changes.

Posted July 9, 2025, Virginia Bureau of Insurance posted a bulletin on Agent Appointment and Appointment Billing Processes. As of July 1, 2025, there are NO changes to the agent appointment and billing processes, and the $50 a day penalty for late payments of fees was repealed. Please see the attachment for details about the Appointment Process.

Effective August 15, 2025, Arizona's Department of Insurance and Financial Institutions (DIFI) will start displaying the following new license status reasons on why a license is inactive:  - Inactive - DIFI - Staff Inactive – Relocation

Posted July 8, 2025, Kansas sent out the 2025 summer edition of the Regulator Roundup. This newsletter includes information about the following topics and more: - Highlights of the Department’s legislative initiatives signed into law this last legislative session - Offering assistance with insurance claims due to the disasters in Grinnell and El Dorado  - Professional Employer Organization registrations are now handled directly by the Kansas Secretary of State - Department Updates between: - Staffing Updates - Name changed to Kansas Department of Insurance  Please see the attachment for more information.