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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March 17th, 2022
Effective:
April 29th, 2022
map-marker Nebraska
Nebraska 2022 Appointment Renewal Dates Available
The invoice renewal period for Nebraska appointment renewals is from 4/29/22 to 8/2/22 along with termination deadlines and fees.
Effective
March 17th, 2022
Effective:
March 17th, 2022
map-marker South Dakota
South Dakota Makes CE Requirement Changes
SD announces CE change that impacts both Resident and Non-Resident License holders. For producers that have a life insurance Line of Authority cannot sell annuities unless the required training courses are completed.
Released
March 15th, 2022
Effective:
March 18th, 2022
map-marker Massachusetts
Update to Massachusetts Converts to State Based Systems
The updates included in MA converting to state based systems will now occur on March 18th from March 16th.
Released
March 11th, 2022
Effective:
April 15th, 2022
map-marker Connecticut
Connecticut 2022 Appointment Renewal Details
Connecticut released details on Appointment Renewal deadlines, costs, and more. The invoice renewal period is May 1st through June 30th, 2022.
Effective
March 10th, 2022
Effective:
April 01st, 2022
map-marker Indiana
Indiana Posts Requirements for Electronic Filings
Effective April 1, 2022, all filers must submit their annual premium tax, quarterly estimated tax, and annual renewal fees and payments electronically through OPTins. Paper filings will no longer be accepted after this date and penalties will apply. Instructions for submitting tax and fee filings are available at: .
Effective
March 10th, 2022
Effective:
March 11th, 2022
map-marker Washington
Washington Announces Line of Authority Updates for Adjusters
On March 11th, 2022, Washington is to remove "No Authority Required" LOA from license types and adding Property or Casualty Lines of Authority in its place.
Released
March 07th, 2022
Effective:
March 07th, 2022
map-marker Virginia
Virginia Reminds All to Read Cybersecurity Policy
Cybersecurity risk has been raised for US critical infrastructure following the Russian attacks on Ukraine. As a result, the State Corporation Commission's Bureau of Insurance prompts each licensee should review Shields Up.
Effective
March 04th, 2022
Effective:
March 04th, 2022
map-marker District of Columbia
map-marker Maryland
map-marker Vermont
map-marker Kentucky
map-marker Arkansas
map-marker Nevada
map-marker Michigan
map-marker Mississippi
map-marker Wisconsin
NASAA Updates IAR CE Member Adoption list on its Website
NASAA provides an updated version of the IAR CE Member Adoption list on its website.
Released
March 03rd, 2022
Effective:
March 03rd, 2022
map-marker Louisiana
Louisiana Publishes its Administrative and Agency Proceedings Instituted Against a License
This publication is Louisiana publishing their intent to implement a new regulation. The purpose of this regulation is to establish procedures for governing the institution of administrative and agency proceedings resulting in administrative action with respect to a license.
Effective
March 03rd, 2022
Effective:
May 27th, 2022
map-marker California
California to Remove Non-Uniform Questions Related to Surplus and Special Lines
California is removing Non-Uniform questions related to Surplus and Special lines. This will apply to the individual entity type. A business rule is being added stating the required bond needing to be on file with the state in order for the license request to be approved. The questions to be removed asked about the bonds existence. Effective Date not yet announced.
Effective
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