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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December 04th, 2024
Effective:
January 09th, 2025
map-marker Nebraska
Nebraska Updating LOA Descriptions
Effective January 9th, 2025, Nebraska will update the following license classes Lines of Authority (LOA) descriptions: Insurance Producer, Producer Temporary, and Apprentice Temporary Insurance Producer The new LOA descriptions will be available for display and offered for applications electronically.
Released
December 03rd, 2024
Effective:
December 13th, 2024
map-marker Washington
Washington Will Start Processing Business Entity Address Change Electronically
Effective December 13, 2024, Washington will allow Business Entities to process address change updates electronically. Additionally, existing individual address change processing rules will be updated.
Pending
December 03rd, 2024
Effective:
January 01st, 2025
map-marker Alaska
Alaska Fingerprinting Fee Reduction
Effective January 1, 2025, Alaska will reduce the current fingerprint fees for a resident individual application. Current Fingerprint Fee - $48.25  New Fingerprint Fee - $47.00 Please click below to see the list of license classes impacted
Effective
December 03rd, 2024
Effective:
December 03rd, 2024
map-marker New Hampshire
New Hampshire to Implement New Transaction Types to Process DRLP Changes
November 15, 2024, New Hampshire will implement new transaction types to process designated responsible licensed producers (DRLP).
Pending
December 03rd, 2024
Effective:
January 15th, 2025
map-marker Ohio
Ohio Annual Title Filings
On December 2, 2024, Ohio posted a notification reminding licensed Ohio title agents and agencies, or their authorized representatives that they must file an annual title agent/agency review. Annual Filings for the 2024 filing period (September 1, 2023 - August 31, 2024) are due by January 15, 2025.   Instructions can be found using the link below [Annual Title Instructions](https://insurance.ohio.gov/agents-and-agencies/agent-licensing/resources/annual-title-filing-instructions)
Effective
December 02nd, 2024
Effective:
December 02nd, 2024
map-marker Oklahoma
Oklahoma Identifies New Point of Contact for PBM Licensure
Posted November 26, 2024, Oklahoma posted a notice that Pharmacy Benefit Manager (PBM) license holders will have a new point of contact. The Regulated Industry Services (RIS) Division will be responsible for:  - Initial licensure - Renewal of licensure - Review of annual statements Should you have any questions or need assistance with PBM licensure, you can contact the RIS division via email at [PBMLicensing@oid.ok.gov](mailto:PBMLicensing@oid.ok.gov). Please see the link below for more details. 
Effective
November 26th, 2024
Effective:
December 13th, 2024
map-marker West Virginia
West Virginia Soliciting Comments Regarding Surplus Lines Export List
Posted November 26, 2024, West Virginia is soliciting comments regarding the surplus lines export list. Comments must be submitted on or before December 13, 2024, at 5:00 p.m. to the following email address: [Greg.A.Elam@wv.gov](mailto:greg.A.Elam@wv.gov). Please see the attachment for more information. 
Effective
November 26th, 2024
Effective:
November 26th, 2024
map-marker Delaware
Delaware Summary Of Insurance Laws Enacted In 2024
Revised November 25, 2024, Delaware posted a bulletin on October 1, 2024, summarizing laws enacted during the 2024 session of the Delaware General Assembly and signed by the Governor. Laws marked with an asterisk ( \* ) were added after the original post date.  Please see the attachment for the revised edition. 
Effective
November 25th, 2024
Effective:
November 15th, 2024
map-marker Nevada
Nevada Annuity CE Requirements For Resident And Nonresident Producers
Effective November 15, 2024, Nevada added specific training requirements for resident and nonresident producers who transact annuity products. Please see the attachment for more information. 
Effective
November 21st, 2024
Effective:
January 01st, 2025
map-marker New Hampshire
New Hampshire Automobile Glass Claims Licensing Update
Effective January 1, 2025, New Hampshire approves an exemption to the insurance claims adjusters statute for persons who solely handle automobile glass claims. Please see the attachment for more information.
Effective
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pending
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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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