producer licensing News

North Dakota Insurance Commissioner: Online Producer License Testing Now Available

An online, remotely proctored testing application called ProProctor, offered by Prometric, the producer licensing testing and assessment provider for North Dakota, is now available in that state, according to North Dakota Insurance Commissioner Jon Godfread. Individuals who want to sell …

Digital Insurer Lemonade Says No License Needed by Adopters of Its API Sales Platform

Digital insurer Lemonade says companies that integrate its insurance sales platform, or API, into their own apps and web sites “generally speaking do not have to be licensed as insurance agents or brokers.” At the same time, the insurer said …

New North Dakota Laws Address Producer Conduct, Customer Gifts, More

North Dakota Insurance Commissioner Jon Godfread has said that since taking office at the beginning of this year he has focused on ensuring the agency he runs is available and responsive to insurance consumers, producers and companies alike. As part …

Wisconsin Insurance Regulators Implement Electronic Filing Tool

The National Association of Insurance Commissioners (NAIC) announced the State Based Systems (SBS) implementation for Wisconsin, making it the 29th state to license SBS. SBS is an electronic filing tool created for NAIC members to increase efficiency in regulatory functions. …

Senate Committee Advances National Producer Licensing Reform Bill

The Senate Banking Committee today voted to send an insurance producer licensing reform measure to the full Senate for consideration. The bipartisan bill — S. 534, the National Association of Registered Agents and Brokers Reform Act of 2013 or NARAB …

Arkansas Updates Procedures for Insurance Producer Appointment Renewals

Arkansas insurance regulators have published updated procedures for insurers to use in renewing producer appointments for 2011. The Arkansas Insurance Department said by renewing a producer or agency appointment, insurance companies show that “the appointing company has reviewed the producer’s …