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.

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October 12th, 2023
Effective:
November 17th, 2023
map-marker Kansas
Kansas to Prevent Amendments During the Reinstatement Period
Effective November 9th, 2023, Kansas will not allow amendments during the reinstatement period (91 days up to four years past the expiration date) for Resident Licensing and Nonresident No Home State Licensing applications.
Effective
October 11th, 2023
Effective:
November 17th, 2023
map-marker Arizona
Arizona to Update Non Uniform Question (NUQ) for Individuals
Effective November 10, 2023, Arizona will update a Non Uniform Question (NUQ) 5 for Resident Licensing applications for individuals. UPDATE: Effective date has changed to November 17, 2023.
Effective
October 10th, 2023
Effective:
October 13th, 2023
map-marker Virginia
Virginia to Disallow Reinstatements for Admin Term for CE Status
Effective October 13, 2023, Virginia will no longer allow applicants with the status of Admin Term for CE to reinstate through NIPR.  The affected applications are Resident Licensing and Resident Licensing Renewals.
Effective
October 10th, 2023
Effective:
November 09th, 2023
map-marker Nevada
Nevada Adding Nonresident Bail Agent Appointments & Terminations
Effective November 9, 2023, Nevada will be adding a new license class of Nonresident Bail Agent for Appointments and Terminations. New offering will include license class 3135 Nonresident Bail Agent with line of authority 569 Not Applicable.
Effective
October 04th, 2023
Effective:
January 01st, 2024
map-marker Oklahoma
Oklahoma Adopts SLIP Platform for Reporting and Payment of Surplus Lines Taxes
Effective January 1, 2024, Oklahoma will be adopting Surplus Lines Information Portal (SLIP) for reporting and payment of surplus lines taxes.  See attachment for full details.
Effective
October 04th, 2023
Effective:
October 04th, 2023
map-marker Connecticut
Connecticut Issues Bulletin Related to Surplus Lines Diligent Effort
Effective Immediately, Connecticut is advising all surplus lines brokers that they are no longer required to file signed written statements with the Department through OptIns. Surplus brokers are now required to maintain all statutory information and documentation in their own files to be provided promptly to the Commissioner upon request. See Attachment for full details.
Effective
September 29th, 2023
Effective:
December 31st, 2023
map-marker Washington
Washington Notice to Annuity Suitability CE Providers
On September 29, 2023, Washington sent a notice to Annuity Suitability CE Providers to let them know their current WA Annuity Suitability 4 Hour Course will be canceled on December 31, 2023 since the new Annuity Suitability training rule will be effective on January 1, 2024.
Effective
September 29th, 2023
Effective:
September 29th, 2023
map-marker New Mexico
New Mexico to Extend License Expiration Dates
On September 29, 2023, New Mexico announced that licensees with an expiration date of September 30, 2023 will have their license expiration dates extended by two weeks. This extension will also apply to Continuing Education (CE). Licensees will have until the license expiration date to become compliant with Continuing Education.
Effective
September 29th, 2023
Effective:
September 29th, 2023
map-marker Oregon
Oregon Issues Bulletin Regarding Producer Contact Information, Communications, and Application Guidance
On September 29, 2023, Oregon issued a bulletin to clarify the Division of Financial Regulation (DFR) expectations for insurance producers and producer license applicants. See attachment for full details.
Effective
September 29th, 2023
Effective:
September 29th, 2023
map-marker New Mexico
New Mexico Notice of a Cyber Incident Affecting Internal System Networks
On September 29, 2023, New Mexico sent an urgent notice indicating that it had detected a cyber incident on its network.
Effective
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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.
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analyzed
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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).

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