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.

filters
Publication Date
jurisdictions
content
status infoicon
April 19th, 2023
Effective:
May 12th, 2023
map-marker Rhode Island
Rhode Island to Remove requirement for Bond Filing
Effective May 12, 2023, Rhode Island will remove a requirement for bond filing. Surplus Line Broker will no longer require submitting a certificate from the General treasurer that the resident Broker has filed the required bond.
Effective
April 19th, 2023
Effective:
April 19th, 2023
map-marker Wyoming
Wyoming Bulletin Offering Guidance on Depreciation of Labor in Property Claims
Wyoming bulletin offering guidance on depreciation of labor in property claims. See attachment.
Effective
April 19th, 2023
Effective:
May 20th, 2024
N/A
Update to the “A Summary of Your Rights Under the Fair Credit Reporting Act”
Consumer Financial Protection Bureau (CFPB) published an updated version of the “[A Summary of Your Rights Under the Fair Credit Reporting Act”](https://458rl1jp.r.us-east-1.awstrack.me/L0/https:%2F%2Ffiles.consumerfinance.gov%2Ff%2Fdocuments%2Fbcfp_consumer-rights-summary_2018-09.pdf/1/01000187be249bd1-248c279f-6f97-42eb-ab0a-c2d10471f1d6-000000/CIdCrqkY5Zx824QDilvZsa1img4=319). See updated version attached.
Effective
April 19th, 2023
Effective:
August 31st, 2023
map-marker Maryland
Maryland Motor Club 2023 Company Appointment Renewals
The Renewal Date period for Motor Club appointments will be June 1, 2023 to August 31st, 2023. The termination deadline for any appointment not to be renewed is May 25th, 2023.
Effective
April 18th, 2023
Effective:
April 24th, 2023
map-marker Iowa
Iowa to Add a New Status Reason
Effective April 24, 2023, Iowa is adding the status reason Not Compliant.
Effective
April 18th, 2023
Effective:
April 17th, 2023
map-marker Mississippi
Mississippi Issues Bulletin Regarding CE Exemption for Insurance Producers Aged 65 and Older
During the 2023 Regular Legislative Session, the Mississippi Legislature passed House Bill 1084, which amends Section 83.-17.251 of the Mississippi Code to provide that any individual who is sixty-five(65) years of age or older and who has been licensed as an insurance producer for a continuous peril of twenty-five (25) years or more, may be exempt from insurance producer continuing education requirements. See attachment for full details.
Effective
April 17th, 2023
Effective:
June 09th, 2023
map-marker West Virginia
West Virginia passes Travel Insurance Entity Producer Limited License Act
West Virginia passes Travel Insurance Entity Producer Limited License Act. Passed March 11, 2023; in effect 90 days from passage. See attachment for full details.
Effective
April 17th, 2023
Effective:
April 17th, 2023
map-marker Guam
NASAA votes to admit Guam to the association
NASAA votes to admit Guam to the association. See attachment for full details.
Effective
April 17th, 2023
Effective:
April 17th, 2023
map-marker Texas
Texas Proposes Amendments to Licensees with Criminal History
The Texas Department of Insurance proposes amending 28 TAC §1.502, concerning licensing persons with criminal history. These amendments update the section for consistency with Occupations Code §§53.021, 53.022, and 53.023, amended by House Bill 1342, 86th Legislature, 2019.  See attachment for full details.
Effective
April 17th, 2023
Effective:
April 17th, 2023
N/A
NASAA approved two regulatory proposals
NASAA approved two regulatory proposals. See attachment for details.
Effective
Loading...
search
No results found

Please try searching with another term

Disclaimer - AgentSync does not warrant to the completeness or accuracy of the information provided in this database. You are responsible for ensuring the accuracy and totality of all representations, assumptions, information and data provided by AgentSync to you in this database. The information in this database should not be construed as legal, financial, or other professional advice, and AgentSync is not responsible for any harm you sustain by relying on the information provided herein. You acknowledge and agree that the use of this information is at your own risk. You should always consult with the applicable state and federal regulatory authority to confirm the accuracy of any of the information provided in this database.
AgentSync on the go!

For the truly curious, subscribe to our updates and never miss a relevant regulatory update.

analyzed
Our compliance experts have identified the update and analyzed it for impact on both the industry and AgentSync products.
pending
The time between the update's publication date and effective date.
effective
The date the update takes effect.
released
This means an AgentSync product was updated as a result of this change and the update is now live in our product(s).

Request a Demo