Regulatory Updates

Effective October 11, 2024, Kansas implemented new transaction types to process Designated Responsible Licensed Producers (DRLP).

Posted October 8, 2024, Florida has announced the beta rollout of its upgraded system, SLIP+. Florida uses this system for filing surplus lines information and taxes in accordance with state law. Florida is encouraging customers to log into SLIP+ to familiarize themselves with its workflow before the legacy SLIP system is retired. Please use the link below for more information. [SLIP+ Newsletter](https://createsend.com/t/r-99B0C6E7E90321122540EF23F30FEDED) Update: All SLIP users will be redirected to SLIP+ effective November 18, 2024

Effective October 11, 2024, Hawaii will Implement new transaction types to process Name Change (Demographics) updates.

Effective November 15, 2024, New Mexico will update its licensing framework as follows: - Current title holders will automatically receive the Escrow Line of Authority (LOA) alongside their existing Title LOA. - Independent and Staff Adjuster licenses will be changed to the Property and Casualty LOA. - New Lines of Authority for Insurance Consultants will include: - Fraternal - Fraternal Accident and Health - Fraternal Life - Fraternal Variable Life and Annuity - New exams will be introduced for: - Independent and Staff Adjusters (Workers Compensation and Public Entity) - Insurance Producers (Escrow) Update: November 15, 2024, due to unseen technical difficulties, this change wasn't able to go live on November 15, 2024. Once resolved, an update will be posted.

Effective November 15, 2024, Iowa will remove the date of birth requirement on Appointment and Termination transactions.

Effective October 9, 2024, Virgin Islands will begin enforcing continuing education validations for resident renewals with the below license classes. Insurance Producer Public Adjuster Independent Adjuster Applicants who are required to complete CE will not be allowed to submit their renewal until they are compliant. 

Effective January 6, 2025, Iowa announces the company appointment renewal invoices will be available for payment from January 6, 2025 - March 17, 2025. The termination deadline is December 27, 2024. 

Effective November 15, 2024, Missouri will introduce a Limited Lines Self-Service Storage Producer license to the Producer Database (PDB), for individuals and business entities.

Effective January 1, 2025. Alaska has established specific requirements under Third-Party Administrators for pharmacy benefit managers that apply to both residents and nonresidents. These include general requirements, penalty fees, and renewal processes. Please see the attachment for more information.

Posted October 4, 2024, New Mexico announces the company appointment renewal invoices will be available for payment from January 3, 2025 - April 30, 2025. The termination deadline is December 27, 2024. Please see the attachment for more information. Renewal Fees:  $20 per appointment