The new New York State Department of Financial Services (DFS) becomes effective on October 3. There will be a press kickoff event to announce the merger. The new Superintendent of [...]
Maryland adopted the NAIC Suitability in Annuity Transactions Model Regulation effective November 1, 2011. The Model requires a one-time, four-credit training course for resident and nonresident insurance producers who hold [...]
The National Association of Insurance Commissioners (NAIC) adopted the Suitability in Annuity Transactions Model Regulation on March 28, 2010 to be in compliance with Section 987 of the federal Dodd-Frank [...]
Indiana state insurance laws contain a reciprocal fee provision. The provision requires the Indiana Insurance Department to charge the same fee to a nonresident producer to receive or renew an [...]
Roy Woodall was approved by the Senate Banking, Housing and Urban Affairs committee as the independent member of the Financial Stability Oversight Council (FSOC) with insurance expertise. The Dodd-Frank Wall [...]
The Massachusetts Division of Insurance is using the National Insurance Producer Registry (NIPR) Attachments Warehouse. All producers who use NIPR’s online system who need to submit documentation based on responses [...]
The Massachusetts Division of Insurance is now accepting producer renewals on its website using its OPRA (Online Producer Renewal Appointment) system. All renewals must be paid by EFT (Electronic ACH [...]
Do you know what to do if you get an administrative action? Call us today at 317-257-5734 to learn more. This information is brought to you by Supportive Insurance Services… [...]
Kentucky Commissioner Sharon Clark has been appointed as interim chair of the SLIMPACT commission. Kentucky regulators are responsible for developing a compromise proposal for the implementation of the Nonadmitted and [...]
Eleanor Kitzman has been appointed as the new Texas Commissioner of Insurance by Governor Rick Perry. Kitzman's term is to end February 1, 2013. The insurance licensing information provided on [...]
