Maryland
Kathleen Birrane
Maryland Insurance Administration
Appointments & Terminations
No, Registry
For motor club, prior to the solicitation of business
Property/Casualty authorizations must be added to carrier's internal list within 30 days of the effective date and before the producer begins selling. Life/Health authorizations must be added to the list within 30 days of the date the first piece of business is accepted by the carrier. Motor club appointments must be proactively reported to the state and must be in place for both agency and individual motor club producers prior to the solicitation of insurance business on the carrier's behalf.
Yes
$2 (motor club only)
$2
Yes
No
Yes
Required and is the date supplied on transaction. Must be less than 15 days old.
Yes
Via NIPR Portal
June 1, 2022 until August 31, 2022
Motor Club Representative: $2 per appointment
Yes
Registry State - Cancelled; cancelled for cause
Yes
Required and is the date supplied on transaction. Must be less than 15 days old
Licensing
Resident New License Insurance Producer: $54 Resident New License Surplus Lines Broker: $100 (If date of application is less than a year from insurance producer license expiration) Resident New License Surplus Lines Broker: $200 (If date of application is greater than a year from insurance producer license expiration) Non Resident New License Insurance Producer: $54 Non Resident New License Surplus Lines Broker $100.00 (If date of application is less than a year from insurance producer license expiration) Non Resident New License Surplus Lines Broker $200.00 (If date of application is greater than a year from insurance producer license expiration)
Resident Renewal Insurance Producer: $69 Resident Renewal Surplus Lines Broker: $200 Non Resident Renewal Insurance Producer: $69 Non Resident Renewal Surplus Lines Broker: $200
90 days before expiration
Last day of birth month every 2 years based on year of first state license issue
Late renewal allowed up to one year after expiration
90 days before expiration
Last day of birth month every 2 years based on year of first state license issue
Late renewal allowed up to one year after expiration
No
No
Residence, Business, and Mailing
Viatical Settlement Broker, Surplus Lines Broker, Public Adjuster, Insurance Producer, Motor Club Representative, Adviser, Third Party Administrator ERISA Only, Temporary Producer, Self-Service Storage Producer
Included under Producer License producer who does not have an appointment may: A) submit an informal inquiry to the insurer for the kind of insurance covered by the licensee's license; and B) solicit an application for the kind of insurance covered by the licensee's license.
Only a producer that is representing an insurer must obtain an appointment. producer who does not have an appointment may: a. submit an informal inquiry to the insurer for the kind of insurance covered by the licensee's license; and b. solicit an application for the kind of insurance covered by the licensee's license
Yes
Supervised instruction or verifiable self-study
Education providers will provide the candidate's eligibility electronically to PSI (the test administrator) upon successful completion of the course requirements.
Course completion certificate is valid for 1 year
The Commissioner may waive the requirements for property or casualty insurance license applicants if the applicant has the following designations: a. Chartered Property Casualty Underwriter (CPCU) (must be a member in good standing); b. Fellow of the Casualty Actuarial Society; c. Certified Insurance Counselor (CIC); d. Accredited Adviser in Insurance (AAI); or e. Associate in Risk Management (ARM). The Commissioner may waive the requirements for life insurance license applicants if the applicant has the following designations: a. Chartered Life Underwriter (CLU) (must be a member in good standing); b. Fellow of the Society of Actuaries; c. Certified Employee Benefit Specialist (CEBS); d. Chartered Financial Consultant (CHFC); e. Certified Insurance Counselor (CIC); f. Certified Financial Planner (CFP); g. Fellow, Life Management Institute (FLMI); or h. Life Underwriter Training Council Fellow (LUTCF). The Commissioner may waive the requirements for health insurance license applicants if the applicant has the following designations: a. Registered Health Underwriter (RHU); b. Certified Employee Benefit Specialist (CEBS); c. Registered Employee Benefit Consultant (REBC); or d. Health Insurance Associate (HIA).
Not Required
Non-citizens of the U.S. must have a resident license for selling insurance in one of the fifty (50) U.S. states
NIPR Gateway
None
No
Yes
A producer must notify the Commissioner of a change of legal name, trade name, email address, or address within 30 days of the change. Contact Change Request supported via NIPR Gateway.
Agency
No
Yes
No
90 days prior to expiration until the expiration date. Late renewal period ends 60 days after expiration date.
No
No
Branch office must be licensed
Adjuster
Only Public Adjusters
No
N/A
None
Biennially, on June 30th of every other year. Renewal period starts 90 days before this date.
No LOA required
1 Year
The license cannot exceed 12 months
Adjuster is required to hold an individual license and create a contract.
Continuing Education
24
2 years
Last day of birth month
Year of first license issuance
15 days prior to license expiration.
90 days prior to expiration date
Producers whose licenses were active for 25 years or more as of Oct. 1, 2008, need only 8 hours CE per renewal period. Those who were 70 as of April 30, 2013, are exempted from CE entirely. Most limited lines agents are exempt from CE. Maryland attorneys who only hold title line insurance licenses and are current on legal CE are exempt from insurance CE.
Licensee may complete their CE, submit the state’s late fee and the standard renewal fee, and have their license reinstated within one year of expiration. Past one year, they're going to have to reapply as a new applicant.
Yes, 1.5 times attendee credits
3 hours ethics and consumer protection
2 hours designated flood as part of Property & Casualty license
LTCI Partnership: 8-hour initial certification, with 4 hours of LTC-specific training every two years General LTCI: 2 hours in course designated LTC as part of Life & Health hours
One-time, 4-hour course
https://agentsync.io/blog/individual-producers/insurance-continuing-education-maryland
Regulatory Updates
Maryland Issues Bulletin Related to Title Insurance
On April 1, 2024, Maryland issued a bulletin to notify all title insurers, title insurance agencies, and title insurance producers writing title insurance in Maryland of relevant code changes. See attachment.
Maryland Insurance Administration Releases Bulletin on Code of Maryland Regulations Revisions for Comment
On January 9, 2024, Maryland Insurance Administration released bulletin No. 24-2 for Code of Maryland Regulations notifying title insurers, title insurance agencies, and title insurance producers writing title insurance about 2022 legislative session amendments.
Maryland Added Flood CE Requirement
Effective October 1, 2023, Maryland will require that property and casualty insurance producers who sell homeowners insurance or commercial property insurance are also subject to the flood CE requirement. See attachment for full details.
Maryland Made a Change to Continuing Education Requirement
Maryland made a change to continuing education requirements effective May 22, 2023. A licensed insurance producer who possesses a license to sell property and casualty insurance and who sells flood insurance, homeowners insurance, or commercial property insurance shall obtain at least 2 hours of continuing education that directly relates to flood insurance as part of the required hours of continuing education. See attachment.
Maryland Proposes Ruling Related to P&C Producers Continuing Education
Maryland proposes ruling that Property & Casulaty producers obtain at least 2 hours of CE in flood insurance. See attachment for full details.
Maryland Motor Club 2023 Company Appointment Renewals
The Renewal Date period for Motor Club appointments will be June 1, 2023 to August 31st, 2023. The termination deadline for any appointment not to be renewed is May 25th, 2023.
Maryland Amends Prohibition on Rebates and Inducements of Products and Services by an Insurer
Maryland amends prohibition on rebates and inducements of products and services by an insurer. See attachment for full details.
Maryland Removes SSN Requirement for Appointments and Terminations
Effective January 6, 2023, Maryland will no longer require Producer's SSN for Appointments and Terminations. The NPN will still be required.
Maryland Adds Information to be Included in the Producer Register
Maryland has added 3 pieces of information to be included to the producer register within 30 days of appointing.
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,.
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.
Maryland Surplus Lines Brokers Policy Fees
Effective 10/1/2022 Maryland will allow a qualified surplus lines broker to charge a reasonable policy fee on a policy issued by a surplus lines insurer to an exempt commercial policyholder. See attached Bulletin
Maryland Issues Reminder to Public Adjusters
This announcement is reminding Public Adjusters of laws that are already in effect, but highlights specific provisions.
Maryland Increases Surplus Lines Fee Cap
Effective October 10, 2022, the policy fee a Surplus Lines Broker may charge on a policy issued by a surplus lines broker has been raised. The fee cap is now $200 on each personal lines policy and $500 OR 7% of the policy's premium (whichever is greater).
Maryland Posts Summary of Laws Enacted in 2022
This announcement includes a full list of laws enacted in 2022 and two highlighted callouts in terms of compliance.
Maryland Company Renewal Dates Announced
The invoice renewal period is 6/1/22-8/31/22 for company renewals.
NASAA Updates IAR CE Member Adoption list on its Website
NASAA provides an updated version of the IAR CE Member Adoption list on its website.
FAQs
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How Do I Get an Insurance License in Maryland?
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How Do I Get a State Adjuster License in Maryland?
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How do I renew my insurance license in Maryland?
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How do I renew my nonresident insurance license in Maryland?
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How Do I renew My Non-Resident Adjuster License in Maryland?
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How Do I Renew My Adjuster License In Maryland?