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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Publication Date
jurisdictions
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January 18th, 2023
Effective:
January 18th, 2023
map-marker Kansas
Kansas to Potentially Lower Surplus Tax Rate
Kansas has proposed legislation which will lower the surplus tax rate from 6% to 3%
Effective
January 18th, 2023
Effective:
January 18th, 2023
map-marker North Carolina
North Carolina Appointment Renewal Process
North Carolina publishes details on how the '23-'24 appointment renewals will be processed. See attachment for details.
Effective
January 17th, 2023
Effective:
January 17th, 2023
map-marker Minnesota
New Website Design for Minnesota
Minnesota has announced a new website design for a modern look and efficiency.
Effective
January 17th, 2023
Effective:
January 17th, 2023
map-marker Pennsylvania
Pennsylvania Insurer List for Eligible Surplus Lines
Pennsylvania Publishes Insurer List for Eligible Surplus Lines
Effective
January 13th, 2023
Effective:
January 13th, 2023
map-marker Texas
Texas DOI Potential Amendments and Repeals
Texas has proposed several amendments and repeals to the Texas Administrative Code’s Licensing and Regulation of Insurance Professionals Chapter
Effective
January 12th, 2023
Effective:
March 01st, 2023
map-marker California
California Course Provider Update
Effective March 1, 2023, CA Educational Objectives will include a required one hour study on insurance fraud.
Effective
January 12th, 2023
Effective:
January 13th, 2023
map-marker Virginia
Update: Virginia Fee for “Admin Term” for CE Status
Virginia has updated the effective date for related to the fee for Admin Term for CE status reason. The new effective date is January 13, 2023. Previously the effective date was December 28, 2022.
Effective
January 12th, 2023
Effective:
March 31st, 2023
map-marker North Carolina
North Carolina 2023 Appointment Renewals
North Carolina has released several key dates surrounding its 2023 company appointment renewals.
Effective
January 12th, 2023
Effective:
January 29th, 2023
map-marker Nebraska
Nebraska Announces New Exam Administrator
Effective January 29, 2023, PSI will be the new Nebraska Department of Insurance exam administer.
Effective
January 12th, 2023
Effective:
January 12th, 2023
map-marker Iowa
Iowa Updates Retaliatory Fees For Select Domicile States
Effective January 12, 2023, Iowa has updated its retaliatory fees for initial appointments.
Effective
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