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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August 03rd, 2022
Effective:
August 03rd, 2022
map-marker Rhode Island
Rhode Island Updates Licensing Rules for Self-Service Storage Agents
Effective August 3, 2022, Rhode Island updated licensing rules for resident and nonresident self-service storage agents.
Effective
August 02nd, 2022
Effective:
August 02nd, 2022
map-marker Maryland
Maryland Updates Continuing Education Requirements for Residents
Maryland has revised the Continuing Education to 13 Hours for a title insurance producer license. Maryland also revised the the Continuing Education hours for producers with Property or Casualty licenses with Life or Health.
Effective
July 29th, 2022
Effective:
August 01st, 2022
map-marker Louisiana
Louisiana Announces Insurance Title License Requirements
Louisiana now requires individual title insurance producers be a resident of Louisiana or be employed full time by an agency in Louisiana.
Effective
July 29th, 2022
Effective:
September 08th, 2022
map-marker Idaho
Idaho to Convert to State Based System
Idaho will be converting to the SBS in September. Beginning on September 8th at 6PM Central the Gateway will shut down until September14th at 9AM Central.
Effective
July 25th, 2022
Effective:
July 25th, 2022
map-marker Nebraska
Nebraska Removing Proctoring Requirements
Effective Immediately, Nebraska eliminates the proctor requirements for online continuing education.
Effective
July 25th, 2022
Effective:
July 25th, 2022
map-marker Pennsylvania
Pennsylvania Clarifies Additional Surplus Lines Fee
This clarification is related to confusion surrounding PA Insurance Law 310.74 that outlines that a "licensee may change a fee in addition to a commission to a person for the sale, solicitation, or negotiation of a contract of insurance for commercial business." It also notes that this fee must be disclosed in writing in advance. This clarification concludes that additional fees charged on a non-commercial surplus lines policy is a violation of the law noted here if the surplus lines producer also receives commissions from the insurer.
Effective
July 25th, 2022
Effective:
August 11th, 2022
map-marker Missouri
Missouri Travel Licensing
Language surrounding Missouri Travel Licensing has been updated. Effective August 11, 2022, any insurance producer license with a major line, licensed MGA, or TPA is eligible for a Travel line of authority.
Effective
July 22nd, 2022
Effective:
July 22nd, 2022
map-marker New Mexico
New Mexico Adjuster Licensing Requirements
New Mexico releases a bulletin outlining when Designated Home State licenses are not accepted in initial licensing and renewals.
Effective
July 20th, 2022
Effective:
August 12th, 2022
map-marker Georgia
Update to Georgia Adding a New Line of Authority
Effective on August 12, 2022, Georgia will add the _Agent - Georgia Access_ LOA for R, NR, RLR, and NRLR. A new background question will be added for R and NR applications.
Released
July 20th, 2022
Effective:
September 24th, 2022
map-marker Arizona
Arizona Updates Conditions for Waived Licensing Fees
Effective September 24, 2022, Arizona will waive the initial license fee for an individual whose family income does not exceed 200% of the federal poverty guidelines, active-duty military member's spouse, or for an honorably discharged veteran discharged no more than 2 years before the application.
Effective
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