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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November 22nd, 2022
Effective:
November 22nd, 2022
map-marker Nebraska
Nebraska Updates Managing General Agent Licensing Fee
Both the Initial and renewal fee for the Managing General Agent license will be lowered from $60 to $50
Effective
November 21st, 2022
Effective:
December 01st, 2022
map-marker Nebraska
Nebraska to Add Apprentice Producer Insurance License
Nebraska has announced an Apprentice Producer Insurance License and its requirements, which will take effect on December 1, 2022.
Effective
November 20th, 2022
Effective:
November 20th, 2022
map-marker Louisiana
Louisiana Amends Continuing Education Rule
Louisiana has amended Rule 10 of Continuing Education. The changes include removing the first renewal exemption, required information
Effective
November 16th, 2022
Effective:
February 21st, 2022
map-marker Maryland
Maryland Adds Information to be Included in the Producer Register
Maryland has added 3 pieces of information to be included to the producer register within 30 days of appointing.
Effective
November 16th, 2022
Effective:
January 01st, 2022
map-marker New Mexico
New Mexico Issues 2023 Company Appointment Renewal Dates
The invoice renewal period for Insurance Producers and Limited Surety Individuals. is Jan. 1, 2023 - March 1, 2023 5PM CST. The termination deadline is December 28, 2022
Effective
November 16th, 2022
Effective:
November 16th, 2022
map-marker Florida
Florida Will Add Customer Service Representative License Class
Effective immediately, Florida offers the Customer Service Rep License Class.
Released
November 15th, 2022
Effective:
November 23rd, 2022
map-marker Alaska
Alaska Releases Dates for Continuing Education Changes
Providers must update courses From November 23, 2022, - January 15, 2023, in order to comply with new training requirements, which marks the beginning of CE compliance. January 15, 2023 - July 15, 2023, will be the window for Producers to become compliant with the new requirements.
Effective
November 15th, 2022
Effective:
November 15th, 2022
map-marker Oregon
Oregon Issues Bulletin Regarding Professional Liability Insurance Producers
Oregon has issued a bulletin for professional liability insurance producers. In order to meet errors and omissions insurance coverage requirements, policies cannot omit investment advice or other services from the advisor.
Effective
November 14th, 2022
Effective:
January 01st, 2022
map-marker California
California Requires License Numbers on Emails
Beginning on January 1, 2023 California will have in place a new law requiring license numbers on emails regarding any activity for the several listed license types.
Effective
November 14th, 2022
Effective:
November 14th, 2022
map-marker Florida
Florida Issues State of Emergency for Hurricane Nicole
On November 14, 2022, the Governor of Florida issued a state of emergency for the entire state of Florida. Therefore, no insurer can cancel a personal or commercial residential property insurance policy covering damaged property from both Hurricane Ian and Hurricane Nicole for up to 90 days.
Effective
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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.
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