Regulatory Updates

Effective September 29, 2023, Oregon has issued a bulletin indicating causes for License revocation and surrender for residents and nonresidents.

Failure to timely provide the Division with complete, accurate, and truthful information in all filings may result in license refusal, suspension, or revocation or civil penalties.  Common notice and filing issues/deficiencies include, but are not limited to:

     a.   Failure to provide a direct phone number that allows staff to contact the individual;      b.  Using a generic or shared email address instead of the individual's direct email address;      c.   Failure to notify the Division within 30 days of changes in producer and applicant address or contact information;      d.   Failure to notify the Division within 30 days if an individual receives a notification of a Regulatory Information Retrieval System (RIRS) violation or notice of a criminal case;      e.   Failure to provide a prompt and truthful response to an inquiry from the Director of the Department of Consumer and Business Services in the time and manner specified;      f.   Incomplete, misleading, or materially untrue application information      g.  Applicants submitting more than 1 application with different responses, especially responses that misrepresent misdemeanor/felony convictions declared on a prior filing.

Effective November 10, 2023, Nebraska will add a new Apprentice Temporary Insurance Producer license type which allows a licensee to apply for appointments

Effective October 11, 2023, North Carolina Surplus Lines taxes and stamping fees are due within 30 days of the end of each quarter.

Effective October 31, 2023, Pennsylvania will update Non Uniform Questions. Key Value 3A, B,C,D,E,F,G and Key Value 4 will be removed. Pennsylvania is requesting Industry to stop sending the answer to these Non Uniform Questions at any time. There will also be verbiage updates for Key Value 1.

Effective November 9, 2023, New Hampshire will no longer require a Nonresident Licensee’s submitted mailing address to match the current mailing address for resident / home state on Producer Database (PDB).

Effective November 9th, 2023, Kansas will not allow amendments during the reinstatement period (91 days up to four years past the expiration date) for Resident Licensing and Nonresident No Home State Licensing applications.

Effective November 10, 2023, Arizona will update a Non Uniform Question (NUQ) 5 for Resident Licensing applications for individuals.

UPDATE: Effective date has changed to November 17, 2023.

Effective October 13, 2023, Virginia will no longer allow applicants with the status of Admin Term for CE to reinstate through NIPR.  The affected applications are Resident Licensing and Resident Licensing Renewals.

Effective November 9, 2023, Nevada will be adding a new license class of Nonresident Bail Agent for Appointments and Terminations. New offering will include license class 3135 Nonresident Bail Agent with line of authority 569 Not Applicable.

Effective January 1, 2024, Oklahoma will be adopting Surplus Lines Information Portal (SLIP) for reporting and payment of surplus lines taxes. 

See attachment for full details.