The District of Columbia Department of Insurance, Securities and Banking (DISB) has implemented several changes in its producer licensing processes and requirements, including the elimination of paper transactions, modifications to continuing education requirements and the elimination of pre-licensing education requirements.
DISB now accepts new and renewal license applications, company appointments and company terminations electronically through the National Insurance Producers Registry’s gateway at http://www.nipr.com/.
Resident, business and mailing addresses must be changed electronically through Online Licensee Services (OLS). Producers may access this site through a link from the department’s website at disb.dc.gov and select “Insurance.” Through OLS producers may also print a copy of their license, view detailed license information and receive e-mail notifications. Additionally, resident producers may renew their licenses at this site.
Continuing education (CE) requirements have been modified to require a minimum of 24 hours within the two year period preceding expiration of the license. This 24 hour minimum is required whether producers are licensed for one line of authority or multiple lines of authority. Of the 24 hours, three (3) hours are required in ethics; three (3) hours of flood insurance training is required of all property and casualty producers. This is a one-time requirement at first renewal of the initial license.
DISB has eliminated pre-licensing education as a requirement to becoming licensed in the District. Resident producers need only to schedule and pass the licensing examination administered by Promissor.
Source: DISB
Topics Training Development
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