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.
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.
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.
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.
Effective January 1, 2024, The Washington State Office of Insurance Commissioner will require additional CE including Best Interest Standards for residents and Nonresidents.
On December 18, 2023, North Carolina's Department of Insurance announced a new physical address (see attached).
On December 18, 2023, The Mississippi Department of Insurance updated numerous licensing requirements for both residents and nonresidents, please expand for more to view the updates.
Arizona will transition all Continuing Education (CE) services (course applications, course rosters, addresses, contact updates, print license and transcript, etc) to State Based Systems (SBS) on Wednesday January 17, 2024
Effective January 12, 2024, Nebraska Department of Insurance will require Residents to pass an exam or hold a Life license in Nebraska if applying to a Funeral Insurance Director license.
On December 19, 2023, The Mississippi Department of Insurance updated the Notice to Commissioner section by adding a link to the Appointment Cancellation Notification form:
On December 5th 2023, California Department of Insurance changed Producer Licensing wording for residents and nonresidents in the Portable Electronics Vendor section. The change will update "communications equipment" to "portable electronics” while the rest of the information remains unchanged.
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