licensing News

Check-Up Service Helps Insurance Industry Navigate Licensing Maze

Some insurance professionals and agencies have been known to fall behind on the paperwork required for licensing and, in some cases, not even know what licenses they have in effect at any given time. It’s understandable because keeping up with …

Missouri Files Insurance Navigator Rule to Comply with New Licensing Law

The Missouri Department of Insurance announced it has filed an emergency rule to comply with provisions of Senate Bill 262, which was passed by the Missouri General Assembly with an emergency clause for the licensing of “navigators” prior to the …

Illinois Firms Must Verify License, Insurance Status of Temp Agencies

The state of Illinois is reminding businesses using temporary workers that it is their responsibility to check whether those temp agencies are licensed and insured. The Illinois Department of Labor says businesses and third-party clients that fail to do so …

Ohio Insurance Agencies To See License Fee Change

The state is lowering the fee Ohio insurance agents and agencies pay to have their licenses renewed late or reinstated. Lt. Gov. Mary Taylor, who also leads Ohio’s Department of Insurance, says the move is aimed at maintaining the state’s …

Missouri Licenses 25th Captive Insurer

The Missouri Department of Insurance announced it has licensed its 25th captive insurance company. The state began allowing captive formation in 2007 and had just three licensees before Gov. Jay Nixon signed House Bill 577 in 2009. The 2009 law …

US, EU, Japan Press China on Financial Services Reform at WTO

The United States criticized China on Monday for failing to fulfill World Trade Organization commitments to open its financial services market, while the European Union and Japan pressed for answers on specific areas of Beijing’s regulations. “While we welcome China’s …

Connecticut Insurance Licensing Going Paperless

Applying for insurance licenses in Connecticut is about to become a paperless experience. Connecticut Insurance Commissioner Thomas B. Leonardi announced that beginning Aug. 1, 2011, applications for licensing will be accepted and processed only online on the department’s Web site, …

Georgia House Backs ‘Oxendine Bill’ to Ban Self-Licensing by Officials

The Georgia House has unanimously approved legislation to prohibit state insurance commissioners from granting themselves insurance licenses without passing mandatory tests. The measure came after The Atlanta Journal-Constitution reported that outgoing Insurance Commissioner John Oxendine awarded himself several licenses the …

Georgia Insurance Chief Issued Himself Licenses Before Leaving Office

Georgia Insurance Commissioner John Oxendine issued himself several licenses to sell insurance and adjust claims in his last full day in office, according to a newspaper report. Oxendine used his authority as the state’s top insurance regulator to waive requirements …

Oklahoma Seeks Out-of-State Adjusters to Help with Storm Claims

Oklahoma Insurance Commissioner has issued an emergency order granting licenses to insurance adjusters form other states to help cope with claims expected as a result of a major winter storm. The state is among those being hit with severe snow, …