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.

filters
Publication Date
jurisdictions
content
status infoicon
July 19th, 2024
Effective:
May 28th, 2024
map-marker Rhode Island
Rhode Island Makes Resident and Nonresident Adjuster Licenses
Effective May 28, 2024, Rhode Island Department of Insurance made the following changes for residents and nonresident adjuster licenses.
Effective
July 19th, 2024
Effective:
July 18th, 2024
N/A
FINRA Enhancements for Initial Submissions
On July 18, 2024,  FINRA implemented Form BR functionality enhancements for initial submissions. Please see the attachment for more information.
Effective
July 17th, 2024
Effective:
January 01st, 2025
map-marker Washington
Washington Stamping Fee
On July 9, 2024, Washington posted a bulletin to increase the stamping fee from 0.10% (.001) to 0.30% (.003), effective January 1, 2025. The new 0.30% stamping fee will apply to all policies with an effective date of January 1, 2025, or after, as well as endorsements on those policies. Please see the attachment for more information
Effective
July 16th, 2024
Effective:
July 12th, 2024
map-marker Vermont
Vermont Bulletin Authorizing Catastrophe Adjusters and Appraisers Due To Recent Storms
On July 12, 2024, Vermont issued a bulletin authorizing insurers to use Catastrophe Adjusters and Appraisers due to recent storms. This authorization is effective July 12, 2024, for a period of ninety (90) days. Please see the attachment for more information.
Effective
July 16th, 2024
Effective:
July 15th, 2024
N/A
FINRA Enhancing SRO Fees & Setting Schedule Document
On July 15, 2024, FINRA added a new column to SRO Fees & Setting Schedules to indicate Residential Supervisory Locations (RSLs).  Please see the attachment for more information. Information Link
Effective
July 16th, 2024
Effective:
June 24th, 2024
map-marker Montana
Montana List of Eligible Surplus Lines Companies
On June 24, 2024, Montana provided a list of eligible Surplus Lines companies. Please see the attachment for more information.
Effective
July 16th, 2024
Effective:
July 01st, 2024
map-marker Alabama
Alabama Legislation Update for HMO
Effective July 1, 2024, Alabama released a legislation update affecting sales agents writing for Health Maintenance Organizations (HMO). Please see the attachment for more information.
Effective
July 16th, 2024
Effective:
September 30th, 2024
map-marker Ohio
Ohio Nonresident Navigator Licensing Fees
On July 15, 2024, Ohio amended the effective date for resident individual insurance navigator initial and renewal fee changes from October 3, 2023 to September 9, 2024. Initial license: currently $200.00 will change to $0.00 Renewal fee: currently $100.00 will change to $0.00 Please see the attachment for full details.
Effective
July 15th, 2024
Effective:
September 15th, 2024
map-marker Pennsylvania
Pennsylvania Adding and Revising Licensing Requirements and Definitions for Travel Producers
Effective September 15, 2024, Pennsylvania will be adding licensing requirements and updated definitions for resident and nonresident insurance producers related to travel insurance. Please see the attachment for more information - Added travel administrator requirements and definitions - Revised the following insurance producers' definitions and requirements - Limited lines travel insurance producer - Travel insurance producer
Effective
July 11th, 2024
Effective:
October 01st, 2024
map-marker Alabama
Alabama Amends Title Insurance Renewal Procedures
On July 10, 2024, Alabama amends its title insurance agent renewal procedures, effective October 1, 2024. Please see the attachment for more information.
Effective
Loading...
search
No results found

Please try searching with another term

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.
AgentSync on the go!

For the truly curious, subscribe to our updates and never miss a relevant regulatory update.

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).

Request a Demo