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.
September 23rd , 2022
Effective:
October 14th , 2022
October 14
Kansas
Kansas to Populate Original Appointment Date
Beginning on October 14, 2022, Kansas will populate the Original Appointment Date. Previously they were populating the appointment effective date in the PDB.
Effective
September 23rd , 2022
Effective:
October 14th , 2022
October 14
Connecticut
Connecticut to Populate Original Appointment Date
Beginning on October 14, 2022, Connecticut will populate the Original Appointment Date. Previously they were populating the appointment effective date in the PDB
Effective
September 23rd , 2022
Effective:
October 14th , 2022
October 14
Vermont
Vermont to Populate Original Appointment Date
Beginning on October 14, 2022, Vermont will populate the Original Appointment Date. Previously they were populating the appointment effective date in the PDB.
Effective
September 22nd , 2022
Effective:
September 22nd , 2022
September 22
Idaho
Idaho No Longer Requiring Affiliations; Requiring Appointments
Effective immediately, Idaho will no longer requires affiliations for producers, but will require all individuals and entities to be appointed with their carriers
Effective
September 20th , 2022
Effective:
November 16th , 2022
November 16
Hawaii
Hawaii to Convert to State Based Systems
Beginning on November 8, 2022, through November 16, 2022, Hawaii will be completing the State Based Systems conversation and will be shut off.
Released
September 13th , 2022
Effective:
October 14th , 2022
October 14
Iowa
Iowa Resident Public Adjuster CE Requirements
Effective October 14, 2022, resident Public Adjuster must have all Continuing Education requirements completed in order to submit resident renewal applications.
Effective
September 13th , 2022
Effective:
October 14th , 2022
October 14
Iowa
Iowa adding Travel LOA
Starting on October 14, 2022, Iowa will add the Travel line of authority for Resident License, Nonresident License, Resident Renewal, and Nonresident Renewals. Application and renewal fees will be $50.
Effective
September 08th , 2022
Effective:
November 01st , 2022
November 01
Oklahoma
Oklahoma Insurance Consultant and Customer Service Representative Conversions
Effective Novmeber 1, 2022, Oklahoma will require licensed Insurance Consultants and licensed Customer Service Representatives to hold an Insurance Producer license. SBS will complete this conversion automatically for anyone license as a consultant or CSR on the effective date.
Effective
September 01st , 2022
Effective:
September 01st , 2022
September 01
Oregon
Oregon Requirements for Errors and Omissions Insurance Coverage
Oregon advises that Errors and Omissions coverage policies must include and investment advice or other services performed by the investment advisor.
Effective
August 30th , 2022
Effective:
October 08th , 2022
October 08
Maryland
Maryland Implementing Annuity Training Requirement
On October 8, 2022 Maryland will be adopting the best interest standard and will require new training for any producers involved in the sales of annuities,.
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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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).