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.
July 13
Rhode Island Effective July 13, 2023, Rhode Island Non-Uniform Question for veteran status has been updated for the Resident Licensing Renewal application.
May 24
Arkansas Arkansas issues bulletin concerning release of criminal investigations. See attachment for full details.
May 24
New York New York proposes Excess Line placements governing standard changes. See attachment for full details.
June 26
Georgia Georgia hearing on new rules and regulations scheduled for June 28, 2023. See attachment for full details.
April 14
Kentucky Article providing updates to the Kentucky Local Premium Tax and Data Security meeting is posted. See attachment for full details.
June 30
Louisiana The Invoice renewal period for the Louisiana 2023 Agency Appointment Renewals is June 30, 2023 – August 1, 2023. The termination deadline is June 25, 2023
May 19
New Mexico Effective immediately, producers shall perform the diligent search requirement, in accordance with existing guidance in 59A-14-3 NMSA and 13.19.2.17 NMAC, before placing insurance on the surplus lines market.
May 18
Alaska Alaska addresses title insurance limited producer license requirement. See attachment for full details.
May 18
North Carolina North Carolina issues bulletin regarding its Catastrophic Adjusters procedures. See attachment for full details.
July 01
California The Bail Fugitive Recovery Persons Act will take effect July 1, 2023 (Assembly Bill 2043, Jones-Sawyer, Chapter 768, Statutes of 2022). This Act requires all individuals who are currently or would like to be a Bail Fugitive Recovery Person to be licensed by the California Department of Insurance (Department). See attachment for full details.
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