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.
January 09th , 2024
Effective:
January 09th , 2024
January 09
Maryland
Maryland Insurance Administration Releases Bulletin on Code of Maryland Regulations Revisions for Comment
On January 9, 2024, Maryland Insurance Administration released bulletin No. 24-2 for Code of Maryland Regulations notifying title insurers, title insurance agencies, and title insurance producers writing title insurance about 2022 legislative session amendments.
Effective
January 05th , 2024
Effective:
January 05th , 2024
January 05
North Carolina
The North Carolina Department of Insurance Issues 2024 Company Appointment Renewals
On January 5, 2024, North Carolina Issued 2024 company appointment renewals.
The invoice renewal period is from February 3, 2024 to March 31, 2024 for Producer, Auto Physical Damage, Limited Representative, Title Insurance, County Farm Mutual Insurance Agent and Credit Agent Individual.
Effective
January 05th , 2024
Effective:
January 05th , 2024
January 05
Wisconsin
The Wisconsin Office of the Commissioner of Insurance Updates Pre-Licensing Exemptions for Individual Resident License Requirements
On January 5, 2024, Wisconsin updated language clarifying exemptions for individual pre-licensing.
Effective
January 05th , 2024
Effective:
January 05th , 2024
January 05
Oregon
Oregon Division of Financial Regulation Minor Update to Continuing Education Resident and Nonresident Individual Licenses
On January 5, 2024, Oregon updated the continuing education section to clarify that insurers must verify producers complete training courses to **recommend** **or** sell annuity products.
Effective
January 04th , 2024
Effective:
January 01st , 2024
January 01
Ohio
Ohio Department of Insurance Updates Individual License Requirements
On January 4, 2024, Ohio updated the Pre-Licensing education section to include more clarity on education waivers.
- Regarding exceptions, education waivers are issued by approved subject matter category individually.
- Regarding active military, education waivers are issued by approved subject matter category individually.
Effective
January 03rd , 2024
Effective:
January 03rd , 2024
January 03
Mississippi
The Mississippi Department of Insurance Updates Agreement Termination of Agency Contract for P&C
On January 3, 2024, The Mississippi Department of Insurance updated the Notice to Commissioner section for P&C by adding a link to the Appointment Cancellation Notification form link: __
Effective
January 03rd , 2024
Effective:
January 01st , 2024
January 01
California
The Surplus Line Association of California Significantly Updates Diligent Search Report
Effective January 1, 2024 The Surplus Line Association of California has updated their Diligent Search Report Form reducing content in multiple sections. Please see attached for more detailed information.
Effective
December 27th , 2023
Effective:
December 27th , 2023
December 27
North Dakota
North Dakota Insurance Department Announces Electronic Appointment Renewals
On December 27, 2023, North Dakota Insurance Department announced that in 2024, appointment renewals will be processed electronically. Renewal Invoice and appointment list will be available on March 1st, 2024.
Effective
December 21st , 2023
Effective:
December 21st , 2023
December 21
New Mexico
The New Mexico Office of Superintendent of Insurance to Host a Roundtable to Discuss Potential CE Regulation for Producers and Adjusters
On January 8, 2024, The New Mexico Office of Superintendent of Insurance will host a roundtable to discuss updates to both resident and nonresident licensing for producers and adjusters, including updates to requirements for continuing education. Please see attached for more information and to access registration link.
Effective
December 19th , 2023
Effective:
January 01st , 2024
January 01
Washington
The Washington State Office of Insurance Commissioner Adds CE Requirements for Residents and Nonresidents
Effective January 1, 2024, The Washington State Office of Insurance Commissioner will require additional CE including Best Interest Standards for residents and Nonresidents.
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).