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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Publication Date
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December 19th, 2023
Effective:
January 01st, 2024
map-marker 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
December 18th, 2023
Effective:
December 18th, 2023
map-marker North Carolina
North Carolina’s Department of Insurance (NCDOI) Announces new Physical Address
On December 18, 2023, North Carolina's Department of Insurance announced a new physical address (see attached).
Effective
December 18th, 2023
Effective:
December 18th, 2023
map-marker Mississippi
The Mississippi Department of Insurance Updates Producer Licensing Requirements for Residents and Nonresidents
On December 18, 2023, The Mississippi Department of Insurance updated numerous licensing requirements for both residents and nonresidents, please expand for more to view the updates.
Effective
December 18th, 2023
Effective:
January 17th, 2024
map-marker Arizona
Arizona Department of Insurance to Transition Continuing Education Services to State Based Systems (SBS)
Arizona will transition all Continuing Education (CE) services (course applications, course rosters, addresses, contact updates, print license and transcript, etc) to State Based Systems (SBS) on Wednesday January 17, 2024
Effective
December 18th, 2023
Effective:
January 12th, 2024
map-marker Nebraska
Nebraska Department of Insurance will Add Funeral Insurance Director LOA for Life License / Resident Licensing
Effective January 12, 2024, Nebraska Department of Insurance will require Residents to pass an exam or hold a Life license in Nebraska if applying to a Funeral Insurance Director license.
Effective
December 18th, 2023
Effective:
December 18th, 2023
map-marker Mississippi
The Mississippi Department of Insurance Updates Agreement Termination of Agency Contract for Individual Life & Annuity
On December 19, 2023, The Mississippi Department of Insurance updated the Notice to Commissioner section by adding a link to the Appointment Cancellation Notification form:
Effective
December 15th, 2023
Effective:
December 05th, 2023
map-marker California
California Department of Insurance Updates Wording for Producer Licensing Limited Lines Portable Electronics Vendor – Resident and Nonresidents
On December 5th 2023, California Department of Insurance changed Producer Licensing wording for residents and nonresidents in the Portable Electronics Vendor section. The change will update "communications equipment" to "portable electronics” while the rest of the information remains unchanged.
Effective
December 14th, 2023
Effective:
January 01st, 2024
map-marker Wyoming
State of Wyoming Department of Insurance Issues Memo on Company Appointment Renewal Process for 2024
- Appointment renewal invoices will be emailed on February 1, 2024. - Retroactive appointment expiration effective January 31, 2024. - Payment Due Date is March 31, 2024 - Last day to terminate appointment is January 31, 2024 Please see attached for additional information and payment details. 
Effective
December 14th, 2023
Effective:
January 11th, 2024
map-marker Nebraska
Nebraska Department of Insurance to Add Surplus Lines Broker Mapping
Effective January 11, 2024, Nebraska will require nonresident Surplus Lines Broker applicants to hold Surplus lines in their resident state.
Effective
December 14th, 2023
Effective:
December 14th, 2023
map-marker Louisiana
Louisiana Department of Insurance Updates Licensing Information on P&C Surplus Lines Licenses and Premium Tax
On December 14, 2023, The Louisiana Department of Insurance updated the taxes and fees section for surplus lines further clarifying that there should be no regard to location of the covered property, risk or exposure for the home state of Louisiana, the rate still remains at 4.85% of gross premiums.
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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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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