Effective October 1, 2026, the Virgin Islands will be making changes to their existing renewal periods as follows:

(b) In section 763:

(1) strike subsection (c) in its entirety and insert a new subsection (c):

"(c) An individual insurance producer seeking to renew a non-resident insurance producer license, shall apply biennially for the license on or before the last day of the licensee's birth month in the second year following the issuance or renewal of the license. A business entity seeking to renew a nonresident insurance producer license shall apply annually on or before December 31 of each year"; and

(2) in subsection (d), strike "the 15th day of January" and insert "15 days after the renewal date".

Our compliance experts are constantly searching for and analyzing industry updates. Their findings are then recorded in the Regulatory Updates section of the Compliance Library to explain how the update impacts the insurance industry. If a change impacts an AgentSync product, this will be highlighted to inform you that the product is being updated to ensure you remain in compliance.