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 26th , 2022
Effective:
January 26th , 2022
January 26
Connecticut
Connecticut Makes Changes to CE requirements
CT has removed their CE requirement that at least 6 hours are required for each line of authority held at the beginning of the biennium. Additionally, 24 CE hours may be carried from one two year license period to the next.
Released
January 25th , 2022
Effective:
January 25th , 2022
January 25
Florida
Florida has Changed Payment Vendors for the Online Applications and eAppoint Systems
Florida has changed payment vendors for the online application and eAppoint systems. This will result in some payment screens changing in appearance and the option to enter an email to receive payment confirmation.
Effective
January 24th , 2022
Effective:
March 16th , 2022
March 16
Massachusetts
Massachusetts Converts to State Based Systems
Massachusetts will convert to State Based systems on March 16, 2022. This change will impact the Producer Database as well as NIPR Gateway products.
Released
January 24th , 2022
Effective:
August 01st , 2022
August 01
Louisiana
Louisiana Update to their Information Security Program
LA originally issued information regarding the Security Program of the Insurance Data Security Law on 6/3/21. This announcement provides updated guidance on the standards applicable to licensees relative to data security.
Effective
January 22nd , 2022
Effective:
January 22nd , 2022
January 22
Pennsylvania
Pennsylvania Issues Eligible Surplus List
Effective immediately, the list contains all eligible surplus lines insurers.
Effective
January 21st , 2022
Effective:
January 21st , 2022
January 21
Kansas
Kansas Adding Missing Appointment Records
NIPR is reporting that 150,000 Appointment records (active and terminated) were missing from the Producer Database as a result of a migration issue. This will be corrected tonight.
Effective
January 21st , 2022
Effective:
March 01st , 2022
March 01
Virginia
Virginia Reinstatement Fees to Initial Applications
Virginia will charge a reinstatement fee for an LOA if the license associated was already renewed and the LOA was within a year of its expiration date.
Effective
January 20th , 2022
Effective:
January 20th , 2022
January 20
Idaho
Idaho Introduces New Producer Licensing Supervisor
Idaho welcomes their new Producer Licensing Supervisor, Lori Thomason. Also a thank you and congratulations is in order for Lisa Tordjman on her well deserved retirement.
Effective
January 20th , 2022
Effective:
February 03rd , 2022
February 03
N/A
NIPR Returns Message with NPN Value is Nonnumeric
Starting Feb 3, 2022, NIPR will return the error "NPN is not numeric" when an NPN is submitted containing non numeric characters. Prior to this adjustment, NIPR sent back a blank response.
Effective
January 20th , 2022
Effective:
March 03rd , 2022
March 03
N/A
NIPR Sets Max Limit of Four Report Options that can be Requested in a Single Company Specialized Report
On February 3rd, 2022, NIPR will enforce four maximum report options requested within a single Company Specialized Report. This is already in place when the request is placed through the PDB web application (GUI).
Effective
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analyzed
Our compliance experts have identified the update and analyzed it for impact on both the industry and AgentSync products.
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).