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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March 16th, 2023
Effective:
August 01st, 2023
map-marker Illinois
Illinois Adds Grace Period to Implement Required Changes
The Illinois DOI has announced a grace period to implement changes made to 50 Illinois Administrative Code 3120, which includes new supervisory requirements for insurers to ensure producer compliance and training requirements for producers selling annuities. Companies are expected to comply by August 1, 2023.
Effective
March 14th, 2023
Effective:
March 14th, 2023
map-marker Maine
Maine to Add Limited – Home State Line of Authority
Effective March 14th, 2023, Maine will be adding the Limited - Home State line of authority to Producer Limited Non Resident license class.
Released
March 13th, 2023
Effective:
August 01st, 2023
map-marker Nebraska
Nebraska 2023 Company Appointment Renewal Period
Nebraska has announced their 2023 Company Appointment Renewals dates. The Renewal period is May 1, 2023 to July 31st, 2023. The termination deadline for any appointment not to be renewed is April 25th, 2023.
Effective
March 10th, 2023
Effective:
March 10th, 2023
map-marker New York
New York to Remove Non-Uniform Question
Effective March 10th, 2023, New York removed the Non-Uniform Background Question previously added on January 13, 2023.
Released
March 07th, 2023
Effective:
April 14th, 2023
map-marker Iowa
Iowa Update to Officer/Director Field for Business Entity Applications
Effective April 14th, 2023, Iowa will make the Officer/Director field mandatory for all initial Business Entity Applications.
Released
March 07th, 2023
Effective:
April 14th, 2023
map-marker Missouri
Missouri Will Update LOA Descriptions for Surplus Lines License Classes
Effective April 14, 2023, Missouri will convert existing None LOA descriptions for Surplus Lines and Motor Vehicle Extended Service Contract to match license classes. 
Released
March 06th, 2023
Effective:
April 14th, 2023
map-marker Kentucky
Kentucky Updates Values for Appointments and Terminations
Effective April 14, 2023, Kentucky will require the NPN for Appointment and Termination transactions.
Released
March 03rd, 2023
Effective:
May 01st, 2023
map-marker New Jersey
New Jersey Company Appointment Renewals for 2023
New Jersey has released their 2023 appointment renewal dates. Dates for the appointment renewals are 4/1/2023 until 6/5/2023. The termination deadline is 3/27/2023
Effective
March 03rd, 2023
Effective:
January 31st, 2023
map-marker New Hampshire
New Hampshire CE Requirement Updates
New Hampshire has made several updates to their CE requirements.
Released
February 27th, 2023
Effective:
March 14th, 2023
map-marker Illinois
Illinois Adding No Home State
Effective April 14, 2023, Illinois will be offering No Home State for initial licensing and renewals. In addition, Illinois will be adding the following license classes for electronic processing. Portable Electronics Limited Line License Premium Finance Company Third Party Administrator Third Party Prescription Program Employee Leasing Company Viatical Settlement Broker Public Adjuster
Released
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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).