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.
March 01
Utah On March 1, 2024, Utah issued a bulletin regarding the application of title insurance laws to affiliated title insurance businesses. See attachment.
April 05
New Jersey Effective April 1, 2024, New Jersey company appointment renewal invoices will be available for payment through June 5, 2024.
March 01
Guam Effective April 1, 2024, Guam will Implement new transaction types to process designated responsible licensed producer (DRLP) and primary name change updates.
July 05
Vermont Effective July 5, 2024, Vermont will add specific training requirements that apply to resident and nonresident producers who transact annuity products.
February 16
Florida On February 15, 2024, Florida issued the following state regarding online proctored exams.
March 01
California On February 15, 2023, California issued a notice requesting comment regarding Continuing Education Requirements for Investment Adviser Representatives. See attachment for full details.
February 06
New Hampshire On February 6, 2024, New Hampshire added flood education requirements and penalty information. Details are as follows.
March 01
Kansas Effective March 1, 2024, Kansas is updating renewal period from 90 to 45 days for Surplus Lines applicants.
March 15
Arkansas Effective March 15, 2024, Arkansas will be adding a new NUQ required for renewal of all license classes.
February 06
Rhode Island On February 6, 2024, Rhode Island issued a bulletin to inform property and casualty insurers that certain courtesies are expected of adjusters and insurers while interacting with claimants or their legal representative during the claims process. See attachment for full details.
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