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.
June 24th , 2022
Effective:
August 01st , 2022
August 01
Louisiana
Louisiana Revises Limited Lines Agent Licensing
The definition of an "agency title insurance producer" or "agency producer" refers to a business entity appointed to represent a title insurer that has a physical address in Louisiana AND as of August 1, 2022 will also have to designate a resident individual producer that is licensed for the LOA title as the person holding responsibility to remain in compliance.
Effective
June 24th , 2022
Effective:
June 24th , 2022
June 24
California
California Announces their Stance on the Roe v. Wade Overturning
California has shared information on how California law protects insurance coverage for abortion. They have made it clear that they protect reproduction freedom and insurance coverage for abortion and that defending people's right to healthcare is a top priority.
Effective
June 24th , 2022
Effective:
June 24th , 2022
June 24
Connecticut
Connecticut Announces Statement on Healthcare Coverage for Abortion
Connecticut announces that they will "continue to ensure every Connecticut citizen has access to safe and appropriate health care." They also noted that if their healthcare plan includes abortion coverage, the coverage will be maintained.
Effective
June 24th , 2022
Effective:
June 24th , 2022
June 24
California
California Publishes Surplus Lines Export List
California released their surplus lines export list. They noted that, after review, the list has not changed.
Effective
June 24th , 2022
Effective:
July 15th , 2022
July 15
Pennsylvania
Pennsylvania Updates Effective Date of Adding Non-Uniform Question
This update is announcing that the Non-Uniform question will come into effect on July 15, 2022. Previously this was set to June 24, 2022.
Released
June 22nd , 2022
Effective:
June 22nd , 2022
June 22
Louisiana
Louisiana Announces Changes to Self-Storage Agent and Portable Electronics Vendor
Effective August 1st, 2022, the verbiage for Self Storage Agents stating that a notice and hearing must occur before certain Commissioner actions. Additionally, an aggrieved party may now demand a hearing for both Self-Storage Agents and Portable Electronics Vendors.
Effective
June 22nd , 2022
Effective:
June 22nd , 2022
June 22
South Carolina
Securities Industry and Regulatory Council Publishes Playbook
This playbook is meant to help securities professionals better prepare for upcoming changes to the securities industry CE program.
Effective
June 22nd , 2022
Effective:
July 21st , 2022
July 21
N/A
NASAA Requests Public Comment on Model to Extend Validity Periods of Certain Exams
NASAA requests comments be submitted on their newly proposed model rules that would extend the validity period of certain exams. These are meant to align with recent FINRA changes (Rules 1240) that pertain to CE requirements. Comments are due by July 21st, 2022. Announcement attached.
Effective
June 22nd , 2022
Effective:
July 06th , 2022
July 06
Iowa
Iowa Issues Statements on Appointing, Renewals, and Limited Lines Car Rental Agents
Effective July 6, 2022, Iowa has deleted their monthly billing statement information. For Renewals, appointments that are terminated due to non payment are now able to get re-appointed via NIPR. For limited lines, rental car agent Iowa revised deadline for notifying the Division of terminated counter employee licensees and counter employee licensee name or address changes.
Effective
June 17th , 2022
Effective:
June 22nd , 2022
June 22
Illinois
Illinois Announces June Filing Cutoff
The June cutoff is set for 4:30pm CST on June 22, 2022. Filings after this time will be part of July activity.
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).