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 24
On August 16, 2024, IARD released information about the annual renewal process for 2025. Please see the attachment for the calendar. Please use the hyperlink below for more information. IARD Renewal Program
October 01
Maryland Effective October 1, 2024, Maryland added requirements for resident and nonresident limited lines credit insurance producer applicants needing to finish a Commissioner-approved course led by an insurer that sells, solicits, or negotiates limited line credit insurance before being licensed.
August 16
District of Columbia Effective August 9, 2024, District of Columbia will implement a new transaction type to process Primary Name Change (Demographics) updates.
August 16
District of Columbia Effective August 9, 2024, District of Columbia will implement a new transaction type to process Designated Responsible Licensed Producer (DRLP).
August 28
Missouri Effective August 28, 2024, Missouri has updated the Continuing Education exemption for life producers who only sell funeral or burial expenses. The exemption now applies to producers whose written agreements with the insurer limits them to policies or annuities for funeral or burial expenses with an initial face amount of $20,000 or less, an increase from the previous limit of $15,000. Please see attached for more details.
January 01
Rhode Island Effective January 1, 2025, Rhode Island made updates around appointment renewals, termination, and appointment requirements for resident and nonresident producers. Please see the attachments for more information. Update: Please see the link for FAQ by the state __
August 09
West Virginia Effective August 9, 2024, West Virginia will implement a new transaction type to process Primary Name Change (Demographics) updates.
August 09
West Virginia Effective August 9, 2024, West Virginia will implement a new transaction type to process Designated Responsible Licensed Producer (DRLP)
August 07
Arizona Effective August 7, 2024, Arizona will implement a new transaction type to process Primary Name Change (Demographics) updates.
August 07
Arizona Effective August 7, 2024, Arizona will implement a new transaction type to process Designated Responsible Licensed Producer (DRLP)
Please try searching with another term
For the truly curious, subscribe to our updates and never miss a relevant regulatory update.