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 15th , 2022
Effective:
June 15th , 2022
June 15
Louisiana
Louisiana Modifies Language of Someone Convicted of Felony
Effective immediately, it is required that a person who wishes to employ a convicted felon a completed "Request forConsent or a Waiver Pursuant to La. R.S. 22:1554(A)(18)" form electronically at producerlicensing@ldi.la.gov.
Effective
June 13th , 2022
Effective:
June 13th , 2022
June 13
Texas
Texas Releases Bulletin on Uvalde School Shooting and Health Benefit Plan Guidance
On May 27, 2022, a disaster declaration was issued in response to the Robb Elementary School shooting and tragedy. In response, the governor authorized the use of all available state and local government resources to cope with the disaster. The Texas Department of Insurance encourages health benefit plans to consider covering and reimbursing for mental health services and authorize payment to pharmacies for up to a 90-day supply of prescription medications regardless of last fill date.
Effective
June 13th , 2022
Effective:
June 03rd , 2022
June 03
Louisiana
Louisiana Changes to Continued Education Requirements
Effective June 3, 2022, the prelicense education requirements for producer or consultant license applicants for lines of Life, Accident & Health or Sickness, Property, Casualty, Personal Lines, and Title are no longer required.
Effective
June 13th , 2022
Effective:
December 31st , 2022
December 31
Minnesota
Minnesota Updates Annuity Training Requirements
Producers with a Life line of authority on December 31, 2022, and wish to sell annuities will be required to complete a training course no later than 7/1/23. This training must be a four hour course, or a 1-time, 1-credit course. If the license is obtained on or after January 1, 2023, is not eligible to sell until the course work is complete. The course title is "Best Interest Standards of Conduct for Annuity Sales".
Released
June 13th , 2022
Effective:
June 13th , 2022
June 13
Missouri
Missouri Updates Background Investigation Requirements
Individuals Requesting a pre-licensure criminal history determination under the Fresh Start Act is required to complete their request via an acceptable form. The Division or licensing board will reveal the determination within 30 days of the board meeting and no later than 4 months after the request has been submitted.
Effective
June 09th , 2022
Effective:
June 16th , 2022
June 16
North Carolina
North Carolina Adds New Non Uniform Question
Effective June 16, 2022, North Carolina will be adding a new non uniform question for Resident Licensing and Resident Licensing Renewals that will apply for Professional Bondsman, Surety Bondsman, and Bail Bond Runner.
Effective
June 08th , 2022
Effective:
June 08th , 2022
June 08
Wyoming
Wyoming Clarifies Appointment and Termination Requirements
The Wyoming Department of Insurance has observed that some producers and insurers are not fully aware of their rights and responsibilities. As a result, they are looking to clarify the requirements.
Effective
June 08th , 2022
Effective:
June 09th , 2022
June 09
North Carolina
North Carolina Issues Update on Non-Renewed License
Effective June 8, 2022, both Resident and Nonresident Individual and Business Entity licenses that had an expiration date of 3/31/22 and have not paid the annual renewal fee will be updated to have the status "Nonpayment". To get a new license, one must reapply starting June 9, 2022.
Effective
June 08th , 2022
Effective:
July 18th , 2022
July 18
Nevada
Nevada Adding Reinstatement Period
Effective July 18, 2022, a reinstatement period will be added for resident producer and producer firm individuals. One will have up to one year post expiration date to reinstate their license. After this, the applicant must reapply.
Released
June 08th , 2022
Effective:
July 01st , 2022
July 01
Louisiana
Louisiana Announces 2022 Agency Appointment Renewals
The invoice renewal period is July 1, 2022 until Aug. 2, 2022. The termination deadline is June 26, 2022. New appointment renewal date is July 31, 2022 after appointment is renewed.
Effective
Loading...
No results found
Please try searching with another term
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.
AgentSync on the go!
For the truly curious, subscribe to our updates and never miss a relevant regulatory update.
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).