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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May 25th, 2023
Effective:
July 05th, 2023
map-marker Wyoming
Wyoming Suitability in Annuity Transactions
Effective July 5, 2023, Wyoming regulation governing Suitability in Annuity Transactions will take effect on July 5, 2023.  See attachment for full details.
Effective
May 25th, 2023
Effective:
July 01st, 2023
map-marker Indiana
Indiana Continuing Education Changes
For Residents 2023 IN H.B. 1329(NS) (Effective 7/1/2023) - CONTINUING EDUCATION: GENERAL REQUIREMENTS - Added conditions under which a producer may receive CE credit for active participation in a state or national professional insurance organization.IN ST 27-1-15.6-19.9 (Effective 7/1/2022) - Per 2022 IN S.B. 277(NS) - WHO MUST BE LICENSED and LIMITED LINES: TRAVEL AGENT - Revised citation ID due to codification only. IN ST 27-1-15.7-2 (Effective 7/1/2023) - Per 2023 IN H.B. 1329(NS) - CONTINUING EDUCATION: GENERAL REQUIREMENTS - Added exception to the CE hour requirement. IN ST 27-7-17-18 (Effective 7/1/2022) - Per 2022 IN S.B. 277(NS) - LIMITED LINES: TRAVEL AGENT - Revised citation ID due to codification only.
Effective
May 25th, 2023
Effective:
July 13th, 2023
map-marker Rhode Island
Rhode Island to Add an Update to Non-Uniform Question Requirement
Effective July 13, 2023, Rhode Island Non-Uniform Question for veteran status has been updated for the Resident Licensing Renewal application.
Released
May 24th, 2023
Effective:
May 24th, 2023
map-marker Arkansas
Arkansas Issues Bulletin Concerning Release of Criminal Investigations
Arkansas issues bulletin concerning release of criminal investigations. See attachment for full details.
Effective
May 24th, 2023
Effective:
May 24th, 2023
map-marker New York
New York Proposes Excess Line Placements Governing Standard Changes
New York proposes Excess Line placements governing standard changes. See attachment for full details.
Effective
May 24th, 2023
Effective:
June 26th, 2023
map-marker Georgia
Georgia Announces Hearing Affecting Various Licensing Regulations
Georgia hearing on new rules and regulations scheduled for June 28, 2023. See attachment for full details.
Effective
May 23rd, 2023
Effective:
April 14th, 2023
map-marker Kentucky
Kentucky Updates to Local Premium Tax and Data Security
Article providing updates to the Kentucky Local Premium Tax and Data Security meeting is posted. See attachment for full details.
Effective
May 23rd, 2023
Effective:
June 30th, 2023
map-marker Louisiana
Louisiana 2023 Agency Appointment Renewals
The Invoice renewal period for the Louisiana 2023 Agency Appointment Renewals is June 30, 2023 – August 1, 2023. The termination deadline is June 25, 2023
Effective
May 22nd, 2023
Effective:
May 19th, 2023
map-marker New Mexico
New Mexico Rescinds Bulletin Regarding Surplus Lines Export List
Effective immediately, producers shall perform the diligent search requirement, in accordance with existing guidance in 59A-14-3 NMSA and 13.19.2.17 NMAC, before placing insurance on the surplus lines market. 
Effective
May 18th, 2023
Effective:
May 18th, 2023
map-marker Alaska
Alaska Addresses Title Insurance Limited Producer License Requirement
Alaska addresses title insurance limited producer license requirement. See attachment for full details.
Effective
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