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 01st , 2024
Effective:
April 01st , 2024
April 01
Maryland
Maryland Issues Bulletin Related to Title Insurance
On April 1, 2024, Maryland issued a bulletin to notify all title insurers, title insurance agencies, and title insurance producers writing title insurance in Maryland of relevant code changes. See attachment.
Effective
March 28th , 2024
Effective:
February 16th , 2024
February 16
New Hampshire
New Hampshire Revised Annuity Training Requirements
On March 28, 2024, New Hampshire revised annuity training requirements for residents and nonresidents related to changes that went into effect February 16, 2024.
Effective
March 26th , 2024
Effective:
March 26th , 2024
March 26
Georgia
Georgia Announces Changes to Continuing Education Requirements
Georgia announced changes to continuing education requirements. See attachment for full details.
Effective
March 20th , 2024
Effective:
May 01st , 2024
May 01
Nebraska
Nebraska Announces Appointment Renewal Dates for 2024
Effective May 01, 2024, Nebraska company appointment renewal invoices will be available for payment through July 31, 2024. The Renewal period is May 1, 2024 to July 31st, 2024. The termination deadline for any appointment not to be renewed is April 25th, 2024.
Effective
March 18th , 2024
Effective:
July 01st , 2024
July 01
Indiana
Indiana Adding Annuity Training Requirements
Effective July 1, 2024, Indiana is adding specific training requirements that will apply to resident and nonresident annuity producers.
Effective
March 18th , 2024
Effective:
March 17th , 2024
March 17
Guam
Guam Assigns New Company Numbers
Effective March 18, 2024, Guam has assigned all active companies a new Guam Company Number. The new Company Number can be looked up using the “Lookup Button” on the SBS website or see attached Company List. NAIC Company Number (NAIC CoCode) remains the same.
The Producer Database was updated Sunday, March 17, 2024 Central (Monday, March 18, 2024 CHST).
For more information on company number changes, please see the attached GU Implementation Flyer.
Effective
March 15th , 2024
Effective:
April 15th , 2024
April 15
Connecticut
Connecticut Announces 2024 Appointment Renewal Dates
Connecticut has announced 2024 Appointment Renewal Dates. See attached
Effective
March 13th , 2024
Effective:
April 12th , 2024
April 12
Wisconsin
Wisconsin Update to Risk Purchasing Group and Rate Service Organization Company Types
Effective April 12, 2024, Wisconsin will make a significant update in the classification of Risk Purchasing Group and Rate Service Organization. These will transition from being recognized as company types to distinct license classes. This change will specifically affect Resident Licensing, Resident Licensing Renewals, Nonresident Licensing, and Nonresident Licensing Renewals, and it will be applicable exclusively to business entities.
Released
March 12th , 2024
Effective:
March 12th , 2024
March 12
Wyoming
Wyoming Issues Notice Regarding TPA Renewals
On March 12, 2024, Wyoming issued a notice regarding renewal required documentation and updated renewal date for TPA licenses. See attachment.
Effective
March 11th , 2024
Effective:
April 12th , 2024
April 12
Georgia
Georgia Changes to Reinstatement Rules
Effective April 12, 2024, Georgia will no longer allow applicants with the status of Suspended for Education to reinstate through NIPR. The applications affected by this change will be Resident Licensing and Resident Licensing Renewals.
Effective
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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).