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.
April 26th , 2024
Effective:
April 26th , 2024
April 26
Mississippi
Mississippi Removes Prelicensing Requirement for Life Only
Effective April 26, 2024, Mississippi enacted House Bill 819 which includes removing the prelicensing requirement for an individual that is seeking licensure for the life line of authority only. See Section 3 of the attached for all prelicensing exemptions.
Effective
April 26th , 2024
Effective:
May 03rd , 2024
May 03
Oklahoma
Oklahoma Implements a New Transaction Type to Process Primary Name Updates
Effective May 3, 2024, Oklahoma will begin offering a new transaction type to process individual and business entity primary name updates.
Pending
April 23rd , 2024
Effective:
January 01st , 2025
January 01
California
California Making Changes to Resident Continuing Education Related to Life and Annuities
Effective January 1, 2025, California will be making changes to Continuing Education general requirements for residents related to life and annuities. See attachment for full details
Effective
April 23rd , 2024
Effective:
April 24th , 2024
April 24
Kansas
Kansas Implements New Transaction for Primary Name Updates
Effective April 26, 2024, a new transaction type will be implemented for Kansas to process individual and business entity primary name updates.
Pending
April 22nd , 2024
Effective:
April 22nd , 2024
April 22
South Carolina
South Carolina Announcement Related to Temporary Adjuster Licensing
On April 22, 2024, South Carolina issued a bulletin to announce the licensing of temporary nonresident adjusters and motor vehicle physical damage appraisers to assist with claims related to the recent storm on April 20, 2024. See attachment for full details.
Effective
April 11th , 2024
Effective:
June 30th , 2024
June 30
Vermont
Vermont Announces 2024 Company Appointment Renewal Dates
On April 11, 2024, Vermont announced 2024 company appointment renewal dates.
Termination Deadline: May 31, 2024
Invoice Renewal Period: June 3 through June 30, 2024
Effective
April 10th , 2024
Effective:
April 10th , 2024
April 10
Utah
Utah Issues Change to Annuity Suitability Training Requirement
On April 9, 2024, Utah issued details related to a proposed change to Producer Training. The change updates the date by which a producer must meet an annuity suitability training requirement. See attachment for full details.
Effective
April 03rd , 2024
Effective:
May 01st , 2024
May 01
Connecticut
Connecticut Announced 2024 Company Appointment Renewal Dates
Connecticut has announced 2024 Company Appointment Renewal dates. Appointment types included are Fraternal Agent, Insurance Producer, Surety Bail Bond Agent, Rental Car Agency Permits, PA 187 Travel.
UPDATE: Connecticut Appointment Renewal Invoices are delayed. The new Effective Date will be updated once it is communicated by the state.
Effective
April 03rd , 2024
Effective:
April 12th , 2024
April 12
Washington
Washington Establishing Branch Fee for Limited Lines License Renewals
Effective April 12, 2024, Washington will be establishing a $20 branch fee for Limited Lines Resident License Renewal and Nonresident License Renewal applications.
Released
April 03rd , 2024
Effective:
April 03rd , 2024
April 03
Ohio
Ohio Announces 2024 Agent and Agency Appointment Renewal Procedures
Effective April 3, 2024, Ohio is announcing 2024 Agent and Agency Appointment Renewal procedures. See attachment for full details.
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).