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N.J.: DOBI proposes to amendments to insurance producer CE regulation

N.J.: DOBI proposes to amendments to insurance producer CE regulation

by Bradford J. Lachut, Esq. | Aug 16, 2022 | Education

The Department of Banking and Insurance formally published proposed amendments to the state’s insurance producer continuing-education regulation earlier this week. Under the proposed amendments to N.J.A.C. 11:17-3.6 would: allow producers to carry over up to 12 CE...

N.H.: One last push before the session ends

N.H.: One last push before the session ends

by Simon P. Thomson | May 24, 2022 | Advocacy, Featured

The 2021-22 legislative session is wrapping up this week with the House and Senate set to complete all their work by May 26, 2022. The Legislature just completed the committee of conference phase, which is when committees made up of four House members and three...

N.Y.: New York cyber-compliance certification due April 15

N.Y.: New York cyber-compliance certification due April 15

by Bradford J. Lachut, Esq. | Feb 8, 2022 | Advocacy, Agency Management, Featured

New York’s Cybersecurity Regulation (23 NYCRR 500) requires all insurance entities that hold a New York state insurance license—referred to as covered entities in the regulation—to file a certification of compliance with the New York Department of Financial Services...

Back to the basics: What to know about commissions

Back to the basics: What to know about commissions

by Clare Irvine, Esq. | Jan 4, 2022 | Education

Commissions seem basic: You sell an insurance policy to a client and you get a commission. However—as with all things insurance—it’s never quite that simple. There are laws and regulations regarding commissions, service fees, referral fees and rebating for insurance...

PIA National member-benefit update: ACORD end use licenses for 2021

PIA National member-benefit update: ACORD end use licenses for 2021

by Kelly K. Norris, CAE | Jan 6, 2021 | Agency Management

All qualifying PIA National member agencies will once again be provided with a complimentary license to use ACORD forms in 2021, as long as they access these forms through a vendor such as AMS or AVYST eForms Wizard. To take advantage of this member benefit, log on to...

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