Insurance is mostly regulated on a state-by-state basis, with each state and U.S. territory determining their own legal standards and procedures. Here you can find state-specific information such as department of insurance contacts; read FAQs about licensing, carrier appointments, and Just-In-Time requirements; and stay up to date with relevant articles and blogs.
With AgentSync’s 50 State Summary Table, we’ve taken the top questions concerning licensing, appointments, adjuster, and business entity management and set them in a comparative grid across the states and territories. Have an at-a-glance understanding of how each state handles appointments or licensing.
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On May 3, 2024, West Virginia announced their 2024 Company Appointment Renewal Dates. Active appointments on record as of May 31st, 2024, will be invoiced for renewals. The renewal period ends on August 31, 2024.
Effective June 3, 2024, Maryland company appointment renewal invoices will be available for payment through August 30, 2024. Termination deadline is May 24, 2024.
On March 5, 2024, Arkansas issued a bulletin identifying dates related to 2024 company appointment renewals for insurance producers. See attachment.
Effective June 1, 2024, Two new supplementary materials under FINRA Rule 3110 will be active. Please see attached for full details. - Rule 3110.19 (Residential Supervisory Location) - Rule 3110.18 (Remote Inspections Pilot Program) Pleas see attached for more information.
Consumer Financial Protection Bureau (CFPB) published an updated version of the “[A Summary of Your Rights Under the Fair Credit Reporting Act”](https://458rl1jp.r.us-east-1.awstrack.me/L0/https:%2F%2Ffiles.consumerfinance.gov%2Ff%2Fdocuments%2Fbcfp_consumer-rights-summary_2018-09.pdf/1/01000187be249bd1-248c279f-6f97-42eb-ab0a-c2d10471f1d6-000000/CIdCrqkY5Zx824QDilvZsa1img4=319). See updated version attached.
Effective 6/1/2024, NIPR will be retiring the company specialized report (CSR) that some carriers have been using to check licenses. They feel this product no longer meets industry compliance needs.