CE RELIEF FOR ACTIVE DUTY AGENTS

Both Oklahoma and Louisiana are offering relief to insurance agents serving on active duty with the U.S. armed forces in Iraq. Louisiana Insurance Commissioner Robert Wooley and Oklahoma Insurance Commissioner Carroll Fisher issued notice in their respective states that continuing education requirements (CE) for active duty agents will be waived or deferred. In addition, in Louisiana any insurance license renewal late fees incurred by those military personnel will also be waived. Fisher’s order applies to adjusters and bail bondsmen, as well as agents. Fisher said agents and adjusters should notify the Oklahoma Insurance Department of their need for the deferment when they apply to renew their license or when they complete their tour of duty. In addition to the request, they must provide documentation that they have been called to active duty, or a copy of their separation orders. Rules governing bondsmen require them to request an extension of time before Aug. 30. Wooley said licensees may notify the Department of Insurance of their need for a waiver when they complete their tour of duty. The only documentation they will need is a copy of their orders of separation from active duty. Because the department is not notified in advance of the activation of military personnel, some licensees may receive notices of suspension. Their records will be corrected upon notice and proof of activation. For more information on Louisiana’s policy, contact the Department of Insurance at (800) 259-5300, statewide; in Baton Rouge at (225) 342-5900; or by e-mail: public@ldi.state.la.us. The Oklahoma Insurance Department can be accessed toll free statewide at (800) 522-0071 or via the Internet at www.oid.state.ok.us.

Topics Agencies Louisiana Oklahoma