Regulatory Updates

Effective May 3, 2024, Oklahoma will begin offering a new transaction type to process individual and business entity primary name updates.

Effective January 1, 2025, California will be making changes to Continuing Education general requirements for residents related to life and annuities. See attachment for full details

Effective April 26, 2024, a new transaction type will be implemented for Kansas to process individual and business entity primary name updates.

On April 22, 2024, South Carolina issued a bulletin to announce the licensing of temporary nonresident adjusters and motor vehicle physical damage appraisers to assist with claims related to the recent storm on April 20, 2024. See attachment for full details. 

On April 11, 2024, Vermont announced 2024 company appointment renewal dates.   Termination Deadline: May 31, 2024 Invoice Renewal Period: June 3 through June 30, 2024

On April 9, 2024, Utah issued details related to a proposed change to Producer Training.  The change updates the date by which a producer must meet an annuity suitability training requirement. See attachment for full details.

Connecticut has announced 2024 Company Appointment Renewal dates.  Appointment types included are Fraternal Agent, Insurance Producer, Surety Bail Bond Agent, Rental Car Agency Permits, PA 187 Travel.

UPDATE: Connecticut Appointment Renewal Invoices are delayed. The new Effective Date will be updated once it is communicated by the state.

Effective April 12, 2024, Washington will be establishing a $20 branch fee for Limited Lines Resident License Renewal and Nonresident License Renewal applications.

Effective April 3, 2024, Ohio is announcing 2024 Agent and Agency Appointment Renewal procedures. See attachment for full details.

On April 1, 2024, Maryland issued a bulletin to notify all title insurers, title insurance agencies, and title insurance producers writing title insurance in Maryland of relevant code changes. See attachment.