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.
October 09th , 2024
Effective:
October 09th , 2024
October 09
U.S. Virgin Islands
Virgin Islands Starts Enforcing Continuing Education Validations For Resident Renewals
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
October 09th , 2024
Effective:
January 06th , 2025
January 06
Iowa
Iowa Issues 2025 Company Appointment Renewal Dates
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
October 08th , 2024
Effective:
November 15th , 2024
November 15
Missouri
Missouri To Add New License Classes for PDB Display
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
October 08th , 2024
Effective:
January 01st , 2025
January 01
Alaska
Alaska Added Requirements Under Third-Party Administrators For Residents and Nonresidents Pharmacy Benefit Managers
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.
Effective
October 07th , 2024
Effective:
January 03rd , 2025
January 03
New Mexico
New Mexico Issues 2025 Company Appointment Renewal Dates
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
Effective
October 07th , 2024
Effective:
November 27th , 2024
November 27
Louisiana
Louisiana Issues 2024 Company Appointment Renewal Dates
The 2024 Louisiana appointment renewal dates are November 27, 2024, to January 2, 2025
The termination deadline is November 22, 2024.
Renewal Fees: $20 per appointment renewal
Effective
October 07th , 2024
Effective:
October 04th , 2024
October 04
North Dakota
North Dakota Implement New Transaction Type to Process Designated Responsible Licensed Producer (DRLP)
Effective October 24, 2024, North Dakota will Implement new transaction types to process designated responsible licensed producers (DRLP).
Pending
October 07th , 2024
Effective:
October 04th , 2024
October 04
U.S. Virgin Islands
Virgin Islands Resident Renewal Turned Off Temporary
Effective October 4, 2024, Virgin Islands will turn off the resident renewal process for electronic applications. Any transaction submitted will be declined until processing resumes.
Update: October 9, 2024, Virgin Islands turned on the system for electronically processing applications as a resident renewal
Effective
October 07th , 2024
Effective:
January 06th , 2025
January 06
Wisconsin
Wisconsin Issues 2025 Company Appointment Renewal Dates
The 2025 Wisconsin appointment renewal dates are January 6, 2025 – March 15, 2025
The termination deadline is December 31, 2024.
Renewal Fees:
Resident - $16
Nonresident - $30
Effective
October 02nd , 2024
Effective:
October 02nd , 2024
October 02
Georgia
Georgia State Of Emergency Licensing
On September 24, 2024, Georgia posted a bulletin indicating Governor Brian Kemp issued a State of Emergency due to the effects caused by Hurricane Helene.
In the event of a declared disaster or catastrophe, an insurer, or employer who is a licensed adjuster in this state, or is a regular employer of insurance adjusters in this state may request emergency disaster adjuster status for Georgia Registered Staff Adjusters, Out-of-State Staff Adjusters, or Out-of-State Licensees. Please see both attachments for more information.
Effective
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Disclaimer - AgentSync does not warrant to the completeness or accuracy of the information provided in this database. You are responsible for ensuring the accuracy and totality of all representations, assumptions, information and data provided by AgentSync to you in this database. The information in this database should not be construed as legal, financial, or other professional advice, and AgentSync is not responsible for any harm you sustain by relying on the information provided herein. You acknowledge and agree that the use of this information is at your own risk. You should always consult with the applicable state and federal regulatory authority to confirm the accuracy of any of the information provided in this database.
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analyzed
Our compliance experts have identified the update and analyzed it for impact on both the industry and AgentSync products.
pending
The time between the update's publication date and effective date.
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).