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.
January 09
New Hampshire On January 9, 2024, the New Hampshire Insurance Department sent a reminder for all producers who hold surplus lines about updated filing instructions and requirements.
January 09
Maryland On January 9, 2024, Maryland Insurance Administration released bulletin No. 24-2 for Code of Maryland Regulations notifying title insurers, title insurance agencies, and title insurance producers writing title insurance about 2022 legislative session amendments.
January 05
North Carolina On January 5, 2024, North Carolina Issued 2024 company appointment renewals. The invoice renewal period is from February 3, 2024 to March 31, 2024 for Producer, Auto Physical Damage, Limited Representative, Title Insurance, County Farm Mutual Insurance Agent and Credit Agent Individual.
January 05
Wisconsin On January 5, 2024, Wisconsin updated language clarifying exemptions for individual pre-licensing.
January 05
Oregon On January 5, 2024, Oregon updated the continuing education section to clarify that insurers must verify producers complete training courses to **recommend** **or** sell annuity products.
January 01
Ohio On January 4, 2024, Ohio updated the Pre-Licensing education section to include more clarity on education waivers. - Regarding exceptions, education waivers are issued by approved subject matter category individually. - Regarding active military, education waivers are issued by approved subject matter category individually.
January 03
Mississippi On January 3, 2024, The Mississippi Department of Insurance updated the Notice to Commissioner section for P&C by adding a link to the Appointment Cancellation Notification form link: __
January 01
California Effective January 1, 2024 The Surplus Line Association of California has updated their Diligent Search Report Form reducing content in multiple sections. Please see attached for more detailed information.
December 27
North Dakota On December 27, 2023, North Dakota Insurance Department announced that in 2024, appointment renewals will be processed electronically. Renewal Invoice and appointment list will be available on March 1st, 2024.
December 21
New Mexico On January 8, 2024, The New Mexico Office of Superintendent of Insurance will host a roundtable to discuss updates to both resident and nonresident licensing for producers and adjusters, including updates to requirements for continuing education. Please see attached for more information and to access registration link.
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