Regulatory Updates

Effective November 1, 2024, North Dakota will go paperless. All correspondence sent from the Licensing Division will be distributed via email. Please see the attachment for more information.

Effective October 14, 2024, Texas Department of Insurance amended outdated laws and has revised the timeline for setting up a hearing with the Department. If an applicant’s application for a license or certificate of authority is denied, the person will have 30 days from the date of denial to make a written request for a hearing. Please see the attachment for more information. 

Effective November 15, 2024, Nebraska will implement No Home State initial licensing for Motor Club electronically for individuals.

Effective September 20, 2024, Louisiana defines the requirements to receive a surplus lines insurance refund or credit for taxes paid on gross premiums received by the Department of Insurance. Please see the attachment for more information. 

Effective September 16, 2024, Wyoming requests additional information regarding non-admitted insurance written in 2024 and going forward. Surplus Lines Brokers that transact business with non-admitted insurers where Wyoming is the home state are required to file tax reports with the Wyoming Department of Insurance through the Surplus Lines Information Portal (SLIP) SLIP Website -  Please see the attachment for more information. 

Effective October 10, 2024, Kentucky will add Self-Service Storage Space to be processed electronically for Appointments and Terminations. 

Posted September 18, 2024, Alaska Division of Insurance will hold a public hearing to solicit public testimony regarding the types of insurance for which insureds generally cannot secure coverage from admitted insurers so that the director may issue an order, which will update the surplus lines placement list.  Any interested person may comment on the proposed action at a hearing on October 9, 2024. Please see the attachment for more information.

Illinois announces its company appointment renewal period to be November 5, 2024 - January 2, 2024.

Updated November 6, 2024. The new effective date is December 13, 2024 Updated December 5, 2024. The new effective date is December 16, 2024

Effective November 15, 2024, Maine will begin offering a new transaction type to process individual and business entity primary name updates. With this change, Maine isn't allowing the following license classes to submit primary name updates. Click below for the list:

Effective September 10, 2024, Florida added the following for filing of Surplus Lines forms. Each surplus lines agent subject to paying the premium tax must provide discounts for certain policies with an effective date between October 1, 2024 and September 30, 2025, and must file information regarding these deductions on a quarterly basis.