The New York Department of Insurance has become the 29th state to join the Insurance Regulatory Information Network’s (IRIN) producer database. IRIN is an electronic database consisting of information relating to insurance agents and brokers, linking participating state regulatory licensing systems into one common system. The database can send electronic notification to state users if administrative action is taken against a licensed producer in their state or if a producer no longer holds an active resident license. The database is updated daily by participating state insurance departments and includes general demographic information relating to all producers including name, social security number, address, phone numbers, license numbers, states licensed, authorized lines and company appointments. The database is a key part of the National Association of Insurance Commissioners’ technology initiative.
Was this article valuable?
Here are more articles you may enjoy.