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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November 10th, 2022
Effective:
November 11th, 2022
map-marker Tennessee
Tennessee will be adding Crop Adjuster License Class to Renewals
Effective November 11, 2022, Tennessee will offer the Crop Adjuster license class for Resident Renewal, Nonresident Adjuster Renewal and No Home State Renewal
Effective
November 09th, 2022
Effective:
December 09th, 2022
map-marker Louisiana
Louisiana Adding Non Uniform Question for Claims Adjuster
Effective Dec. 9th, 2022, the Claim Adjuster (1074) and Claim Adjuster Agency (4374) license classes will require a new non uniform question.
Effective
November 09th, 2022
Effective:
January 01st, 2022
map-marker Kentucky
Kentucky Issues 2023 Company Appointment Renewals Dates
The invoice renewal period for Life, Health, Variable Annuity, and Other lines. is Jan. 6, 2023AM CST - March 31, 2023 3PM CST. The late renewal period is April 3, 2023 8AM CST - June 30, 2023 3PM CST. The termination deadlines is Jan. 1, 2023.
Effective
November 09th, 2022
Effective:
December 05th, 2022
map-marker Wyoming
Wyoming Publishes Memorandum on Surplus Lines Export List
With this publication of the Surplus Lines Export List, Wyoming requests feedback on the deletion or addition of what is on the current list. This feedback must be provided by Dec. 5th, 2022.
Effective
November 09th, 2022
Effective:
November 09th, 2022
map-marker Arkansas
Arkansas Clarifies Producers Best Interest Standards
The Commissioner issues the reminder that the best interest of the producer is outlined in Section 6 of Arkansas Rule number 82. Expand to view Section 6 in the original announcement.
Effective
November 08th, 2022
Effective:
November 18th, 2022
map-marker Kansas
Kansas Updates Resident License and No Home State Fingerprint Fee
On Nov. 18th, 2022, Kansas will decrease their fingerprint fee from $60 to $50 for Insurance Producers.
Effective
November 08th, 2022
Effective:
January 01st, 2022
map-marker Georgia
Georgia Adds Lates Renewal for Agencies
Effective Jan 1., 2023, Georgia will offer a late renewal with associated fees for both resident and nonresidents in the following License Classes: Principal Agency, Branch Agency, Rental Company, Retail Vendors of PEI, Self-Storage Provider. The late renewal period will be 15 days. After this period, one must reapply. The fee is $15.
Effective
November 07th, 2022
Effective:
November 07th, 2022
map-marker Wyoming
Wyoming Updates TPA Regulations
Wyoming updates the TPA requirements for initial licensing and renewals that are effective immediately. Expand for a summary of the requirements and to view the original document.
Effective
November 04th, 2022
Effective:
January 01st, 2022
map-marker Wyoming
Wyoming Updates Standards for Suitability in Annuity Transactions
The updates will reflect the best interest standards for annuity sales based on the National Association of Insurance Commissioners Suitability in Annuity Transactions Model. The updates result in a one time, 4 credit training course.
Effective
November 04th, 2022
Effective:
November 04th, 2022
map-marker Illinois
Illinois Sets 2022 Company Renewal Dates for Limited Lines Producer Classes
The invoice renewal period is November 2, 2022, 8 AM CST until January 2, 2023, 4 PM CST. The deadline for terminations is October 27, 2022. After an appointment is renewed, the new date displayed on the PDB will be December 31, 2023.
Effective
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