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.
July 19th , 2023
Effective:
July 19th , 2023
July 19
Maine
Maine Updates Law Concerning Cybersecurity Events
On July 19, 2023, Maine updated the law concerning Cybersecurity Events. See attachment for full details.
Effective
July 18th , 2023
Effective:
July 18th , 2023
July 18
Texas
Texas Issued Commissioner’s Bulletin Regarding Reporting of Cybersecurity Incidents
On July 18, 2023, Texas issued a Commissioner’s Bulletin to lay out the requirements for reporting of Cybersecurity Incidents by Insurance Carriers in the state. See attachment for full details.
Effective
July 15th , 2023
Effective:
July 15th , 2023
July 15
Pennsylvania
Pennsylvania Has Provided the List of Insurance Coverages and Risks Eligible for Export
On July 15, 2023, Pennsylvania provided the list of insurance coverages and risks eligible for export by the Insurance Commissioner. See attachment for full details.
Effective
July 14th , 2023
Effective:
July 31st , 2023
July 31
Ohio
Ohio Announces PSI as Continuing Education (CE) Processing Vendor
Effective July 31, 2023, Ohio has named PSI as the new Continuing Education (CE) processing vendor for the Ohio Department of Insurance. See attachment for full details.
Effective
July 13th , 2023
Effective:
July 31st , 2023
July 31
Ohio
Ohio Names New CE Vendor
Effective July 31, 2023, Prometric will no longer be the CE vendor for the State of Ohio. Beginning August 1, 2023, PSI will be taking over all continuing education application processing, including renewals, provider applications, course applications, and inquiries.
Effective
July 12th , 2023
Effective:
July 10th , 2023
July 10
Vermont
Vermont Bulletin Authorizing Use of Catastrophe Adjusters and Appraisers
Vermont has issued a bulletin authorizing use of catastrophe adjusters and appraisers. See attachment for full details.
Effective
July 12th , 2023
Effective:
January 01st , 2024
January 01
Nevada
Nevada Adding Limited Lines Travel Insurance Producer Licensing Requirement
Effective January 1, 2024, Nevada is adding a limited lines travel insurance producer licensing requirement for residents and nonresidents. See attachment for full details.
Effective
July 10th , 2023
Effective:
August 01st , 2023
August 01
Georgia
Georgia Suitability in Annuity Transactions Rule
Effective August 1, 2023, George has established a rule related to Suitability in Annuity Transactions. See attachment for full details
Effective
July 10th , 2023
Effective:
July 10th , 2023
July 10
Vermont
Vermont Issues Alert Regarding Use of Catastrophe Adjusters / Appraisers
On July 10, 2023, Vermont issued an alert regarding the use of Catastrophe Adjusters and Appraisers In response to the State of Emergency declared July 9 by Governor Phil Scott following heavy rains and anticipated floodings. The Commissioner of the Department of Financial Regulation announced that the Department is preemptively allowing property and casualty insurance carriers to use individual adjusters not licensed in Vermont. See attachment for full details.
Effective
July 07th , 2023
Effective:
October 19th , 2023
October 19
Maine
Maine Revising Pet Insurance Producer Requirements
Effective October 19, 2023, Maine has revised Pet Insurance Producer requirements for Residents and Nonresidents.
Effective
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Disclaimer - AgentSync does not warrant to the completeness or accuracy of the information provided in this database. You are responsible for ensuring the accuracy and totality of all representations, assumptions, information and data provided by AgentSync to you in this database. The information in this database should not be construed as legal, financial, or other professional advice, and AgentSync is not responsible for any harm you sustain by relying on the information provided herein. You acknowledge and agree that the use of this information is at your own risk. You should always consult with the applicable state and federal regulatory authority to confirm the accuracy of any of the information provided in this database.
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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).