Regulatory Updates

Effective September 19, 2023, Delaware has added Pet Insurance Producer Training Requirements. See attachment for full details.

On September 19, 2023, Connecticut issued a bulletin that rescinds and replaces Bulletin PC-34 regarding notification to the Commissioner under Connecticut General Statute §38a-44 if an insurer is discontinuing or substantially reducing its writings in a line or subline of property and casualty insurance. The purpose of Connecticut General Statute §38a-44 is to permit the Commissioner time to evaluate the impact on the market of proposals by one or more companies to discontinue or substantially reduce writings in a line or subline of insurance in Connecticut. See attachment for full details.

Effective October 13, 2023, Connecticut will be updating business rule for Revoked status to defer to the state instead of reject for both individuals and business.  This will apply to Resident Licensing, Resident Licensing Renewals, Nonresident Licensing, Nonresident Renewals, Nonresident Adjuster Licensing, Nonresident Adjuster Renewal, No Home State and No Home State Renewals.

Effective October 25, 2023, Maine will be making changes to P&C Surplus Lines Licenses and Premium Taxes.  See attachment for full details.

Effective January 1, 2024, California is making license exam requirement changes. See attachment for full details.

See attachment for Idaho Department of Insurance September 2023 newsletter.

On September 9, 2023, West Virginia made some updates to the existing language related to Surplus Lines License and Premium Tax Changes for Resident and Nonresidents.  See attachment for full details.

On September 8, 2023, Florida issued a statement related to recent MyProfile updates.  

Appointment renewal invoices and the list of appointment renewals due will be available on the NIPR website beginning 8:00 AM Central Time, November 2, 2023, through 4:00 PM Central Time January 2, 2024. 

Effective October 13, 2023, New York will begin loading Continuing Education (CE) compliance data to the Producer Database (PDB). The current value loaded to the CE compliance field on PDB does not accurately capture the licensee’s CE compliance status. With these changes, the licensee’s current CE compliance status for New York will be loaded to the PDB report. Note: The compliance indicator on PDB will only include general CE compliance. Certain license classes require ‘Flood’ courses, but PDB will only display the general compliance status.