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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June 26th, 2025
Effective:
July 29th, 2025
map-marker New Mexico
New Mexico Requesting Comments for Proposed CE Requirements
Effective July 29, 2025, New Mexico is asking for comments on a proposed bulletin regarding continuing education requirements - [https://www.law.cornell.edu/regulations/new-mexico/N-M-Admin-Code-SS-13.10.34.24.](https://www.law.cornell.edu/regulations/new-mexico/N-M-Admin-Code-SS-13.10.34.24) Please see the attachment/link for more information. 
Pending
June 26th, 2025
Effective:
July 01st, 2025
map-marker Colorado
Colorado Seeking Comments on Proposed Bulletin Regarding Licensing for PBM
Effective July 1, 2025, Colorado Division of Insurance is asking for comments on a proposed bulletin regarding licensing and registration for Pharmacy Benefit Managers. Please see the attachment for more information. 
Effective
June 26th, 2025
Effective:
August 01st, 2025
map-marker Louisiana
Louisiana Amends CE Requirements
Effective August 1, 2025, Louisiana amends the CE requirements for the following license classes: Producers, Consultants, Claims Adjusters, and Public Adjusters. For more information about the changes, please use the [following link](https://legiscan.com/LA/bill/SB40/2025) and the attached document.
Pending
June 24th, 2025
Effective:
June 26th, 2025
map-marker California
California Reminder of Surplus Lines Broker On File
June 24, 2025, California posted a bulletin reminding that California law requires surplus line broker business entities to have at least one individually licensed surplus line broker named to the business entity license. Please see the attachment for more information. 
Effective
June 23rd, 2025
Effective:
July 01st, 2025
map-marker Utah
Utah Fingerprint Fee Increase
Effective July 1, 2025, Utah will be updating the Fingerprint Fee from $27.00 to $32.00 for resident individual licensing on the following license classes: - Consultant - Independent Adjuster - Limited Line Producer - Managing General Agent - Producer Individual - Public Adjuster - Reinsurance Intermediary - Surplus Lines Producer - Third Party Administrator
Effective
June 23rd, 2025
Effective:
March 24th, 2025
map-marker Virginia
Virginia Revising Appointing and Terminating Language
Effective March 24, 2025, Virginia amended the process for appointing and terminating insurance agents and agencies by insurers. Please use the link as follows for more information. 
Effective
June 20th, 2025
Effective:
June 16th, 2025
map-marker New Mexico
New Mexico Declaration of Disaster for Trout Fires
Effective June 16, 2025, New Mexico has declared a disaster due to the Trout Fire in southwest New Mexico. The Department of Licensing is asking any adjuster deployed to New Mexico to please submit their application and email Agents.Licensing@osi.nm.gov to advise the nature of the application for expedited processing. Please see the attachment for more information.
Effective
June 20th, 2025
Effective:
June 13th, 2025
map-marker Florida
Florida Eliminates the ‘Diligent Effort’ Requirement.
Posted June 13, 2025, Florida eliminated the ‘diligent effort’ requirement. Diligent effort is defined as 'seeking coverage from and having been rejected by at least three authorized insurers currently writing this type of coverage, and documenting these rejections. Please see the attachment for more information.
Effective
June 20th, 2025
Effective:
July 19th, 2025
map-marker Georgia
Georgia New License Status Reason (Branch Licenses)
Effective July 19, 2025, Georgia will add a new status reason, “HB410 (House Bill 410) of 2025”. This status applies specifically to Business Entity Branch license types.
Pending
June 17th, 2025
Effective:
June 10th, 2025
map-marker Michigan
Michigan No Longer Offers Remote Proctored Exams
Effective June 10, 2025, Michigan's insurance licensing examinations vendor (PSI) will no longer offer remote proctoring. After this date, new registrations for remote proctored exams will not be accepted. For further details, please refer to the attached information.
Effective
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