Regulatory Updates

Effective September 10, 2024, Ohio updated the verbiage for residents and nonresidents surrounding the Superintendent's steps before they deny, revoke, suspend, or refuse to issue a license, or impose any penalty. Please see the attachment for more information

September 9, 2024, Louisiana Department of Insurance has activated catastrophe adjuster registrations in anticipation of Francine which is expected to make landfall in Louisiana on September 11, 2024. An insurer or their designee may file registrations using the Catastrophe Adjuster Registration Module in Industry Access on the LDI website. More information about catastrophe adjusters and instructions for the registration process can be found at the link below

September 30, 2024, South Dakota is having a public hearing to consider the adoption and amendment of rules to clean up for overall improved clarity regarding continuing education. Please click the URL below for more information about signing up. Please see the attachment for more information about what rules are being reviewed.

On September 6, 2024, the Nevada Division of Insurance indicated that it appears the business rule preventing nonresident adjuster license applicants from applying in Nevada when they hold a producer license in their home state is being applied in some cases where it should not be. Those who have a resident producer license in a state other than Nevada and don’t hold a nonresident producer license in Nevada, are eligible to apply for a nonresident adjuster license in Nevada.  The state indicated they will file trouble tickets to resolve this issue. In the meantime, a manual application can be submitted using the following information.

On September 6, 2024, Louisiana posted a reminder for all title insurers and title insurance producers transacting business in Louisiana to be mindful of the requirements for Title 22. Please see the attachment for more information. 

Effective September 1, 2024, Michigan Department of Insurance has changed the standard time by which licensees must respond to consumer complaints. Licensees will have 14 calendar days to respond to a complaint after it is sent to the licensee’s email and/or mailing address on record with the Department. Please see the attachment for more information. 

On September 12, 2024, Texas Department of Insurance is hosting a webinar where they will discuss recent changes in licensing and best practices for getting and maintaining an insurance license.  Attendees can earn one hour of CE credit. Use the following link to sign up or to find more information.

Effective August 1, 2024, Illinois cleaned up language around: CE requirements, renewal window for certification, and how to perform activities on State-based Exchange around individual resident and nonresident licenses around the following license classes: navigator, in-person counselor, and certified application counselor.

Illinois updated causes for revocation involving when a felony conviction may not be a cause for action (suspend, revoke, or deny a license).  Conviction of a felony, unless the individual demonstrates sufficient rehabilitation to warrant the  public trust 

Please see the attachment for more details.

Effective September 13, 2024, Colorado will begin loading a Pharmacy Benefit Manager license class and line of authority for Producer Database (PDB) display.

Effective September 6, 2024, Indiana will be adding a new license class of Third Party Administrator-Designated Home State for Producer Database (PDB) display.