DigestConfEdition Sept2015v10pages

SILA DIgeSt Conference Edition 2015



SILA Digest Table of Contents Adjuster Continuing Education QuickGuide 4 Limited Line Credit QuickGuide 111 Agent Licensing Requirements QuickGuide 14 Appointment Lines of Authority QuickGuide 119 Agency Licensing Requirements QuickGuide 21 Long-Term Care Educational Requirements QuickGuide 125 Adjuster Licensing Requirements QuickGuide 30 Online License Processing QuickGuide 143 Adjuster Licensing Requirements QuickGuide 30 Prelicense Education Requirements QuickGuide 155 Annuity Suitability Training QuickGuide 43 State Contact Information QuickGuide 167 Appointment Renewal QuickGuide 58 Reporting of Administrative & Criminal Actions QuickGuide 182 State Required Background Investigation QuickGuide 64 Individual License Renewal and Reinstatement QuickGuide 195 Company Adjuster Licensing Reciprocity QuickGuide 69 Notice of Termination QuickGuide 215 Continuing Education Requirements QuickGuide 72 Variable Licensing Requirements QuickGuide 221 Individual Change of Address QuickGuide 85 Appointment Processing for Licensed Producers QuickGuide 227 Commission Payment QuickGuide 95 FINRA Administered Qualification Examinations QuickGuide 234 Jurisdiction Fee QuickGuide 100 Education Provider QuickGuide 238 individual & Entity License & Appointment Fee QuickGuide 105 Page 3 [email protected] Neither Vertafore nor its employees can be held responsible for incomplete or incorrect information. Consult legal counsel as appropriate. © 2014 Sircon Corporation d/b/a Vertafore Producer Lifecycle Management. All Rights Reserved.

SILA Digest Adjuster Continuing Education QuickGuide Revised information is shown in bold text CE Proof Sent State Continuing Education Requirement Compliance Deadline Nonresident Compliance By: ALABAMA Independent Adjuster License renews biennially based on licensee's birth Provider Meet home state or designated 24 hrs., biennially, includes 3 hrs. of ethics month and birth year. home state requirement. ALASKA 24 hrs., biennially, includes 3 hrs. of ethics License renewal biennially. Renewal date based Provider Exempt on licensee's birthday and birth year ARIZONA No requirement ARKANSAS 24 hrs., biennially, includes 3 hrs. ethics License renewal Provider Exempt if adjuster meets CE in home state CALIFORNIA 24 hrs., biennially, includes 3 hrs. of ethics License renewal Provider Meet home state or designated home state requirement. COLORADO No requirement CONNECTICUT No requirement DELAWARE Adjuster & Public Adjuster, Multi-peril Crop Res. - 2/28 even yrs., Non-res. - 2/28 odd yrs. Provider Exempt Adjuster 12 hrs. biennially, must include 3 hrs. of ethics DISTRICT OF No requirement COLUMBIA Page 4 [email protected] Neither Vertafore nor its employees can be held responsible for incomplete or incorrect information. Consult legal counsel as appropriate. © 2014 Sircon Corporation d/b/a Vertafore Producer Lifecycle Management. All Rights Reserved.

SILA Digest Adjuster Continuing Education QuickGuide Adjuster Continuing Education QuickGuide Revised information is shown in bold text Revised information is shown in bold text CE Proof Sent CE Proof Sent State Continuing Education Requirement Compliance Deadline Nonresident Compliance State Continuing Education Requirement Compliance Deadline Nonresident Compliance By: By: ALABAMA Independent Adjuster License renews biennially based on licensee's birth Provider Meet home state or designated FLORIDA 24 hrs. biennially, including 5 hrs. of law & End of birth month following the second anniversary Provider Meet CE requirement from a 24 hrs., biennially, includes 3 hrs. of ethics month and birth year. home state requirement. ethics, and 19 hrs. electives. of the license issuance date, and biennially reciprocal state where license is thereafter. held or meet Florida's requirement ALASKA 24 hrs., biennially, includes 3 hrs. of ethics License renewal biennially. Renewal date based Provider Exempt GEORGIA Independent and Public Adjusters: licensed less Biennially, last day of birth month. Provider Exempt on licensee's birthday and birth year than 20 years, 24 hrs. biennially. If licensed 20 years or more 20 hrs. biennially. Professional ARIZONA No requirement designation such as CLU or CPCU complete 12 hrs. biennially. All CE must include 3 hrs. of ethics. ARKANSAS 24 hrs., biennially, includes 3 hrs. ethics License renewal Provider Exempt if adjuster meets CE in Worker's Comp Adjusters: 20 hrs. of approved home state State Workers’ Compensation Board courses or complete the normal CE requirement specifically CALIFORNIA 24 hrs., biennially, includes 3 hrs. of ethics License renewal Provider Meet home state or designated in the lines of property and casualty. No ethics home state requirement. requirement. COLORADO No requirement CONNECTICUT No requirement HAWAII No requirement DELAWARE Adjuster & Public Adjuster, Multi-peril Crop Res. - 2/28 even yrs., Non-res. - 2/28 odd yrs. Provider Exempt IDAHO Independent and Public Adjusters License renewal - last day of the birth month Provider Designated Home State (DHS) - Adjuster 12 hrs. biennially, must include 3 hrs. of 24 hours including 3 hours of ethics, every two years Idaho adjusters declaring ID as ethics biennially. their home state must meet ID DISTRICT OF No requirement CE requirement. Otherwise, COLUMBIA nonresidents are exempt. Page 5 [email protected] Neither Vertafore nor its employees can be held responsible for incomplete or incorrect information. Consult legal counsel as appropriate. © 2014 Sircon Corporation d/b/a Vertafore Producer Lifecycle Management. All Rights Reserved.

SILA Digest Adjuster Continuing Education QuickGuide Revised information is shown in bold text CE Proof Sent State Continuing Education Requirement Compliance Deadline Nonresident Compliance By: ILLINOIS Public Adjusters: 24 hrs. biennially, includes 3 License renewal Provider Meet home state requirement. hrs. of classroom ethics INDIANA 24 hrs. biennially License renewal Provider Meet home state requirement IOWA Licensure not required KANSAS Public Adjusters: 12 CE hours including 1 hour License renewal. The license renews on the Adjuster with Nonresidents must satisfy the of ethics every 2 years. CE hours must be in adjuster's birthday in the odd or even year. If the renewal or provider designated home state's CE P/C courses. No more than 3 hours can be adjuster was born in an odd numbered year, CE is to SBS requirement. taken in insurance agency management. due with renewal in the odd year. Likewise for adjusters born in the even numbered year. Newly licensed adjusters are exempt for a period of two years from the date of the initial license issuance. KENTUCKY 24 hrs. biennially, including 3 hrs. of ethics. License renewal. Renewal occurs on the last day of Provider Meet home state Staff adjusters are exempt. the birth month in odd or even years depending on requirement. year of birth. LOUISIANA 24 hrs., biennially, includes 3 hrs. of ethics License renewal. Renewal date last day of the birth Adjuster Meet requirement of home state, month, biennially. DHS, or meet this state's requirement. MAINE No requirement Page 6 [email protected] Neither Vertafore nor its employees can be held responsible for incomplete or incorrect information. Consult legal counsel as appropriate. © 2014 Sircon Corporation d/b/a Vertafore Producer Lifecycle Management. All Rights Reserved.

SILA Digest Adjuster Continuing Education QuickGuide Adjuster Continuing Education QuickGuide Revised information is shown in bold text Revised information is shown in bold text CE Proof Sent CE Proof Sent State Continuing Education Requirement Compliance Deadline Nonresident Compliance State Continuing Education Requirement Compliance Deadline Nonresident Compliance By: By: ILLINOIS Public Adjusters: 24 hrs. biennially, includes 3 License renewal Provider Meet home state requirement. MARYLAND No requirement hrs. of classroom ethics INDIANA 24 hrs. biennially License renewal Provider Meet home state requirement MASSACHUSETTS 15 hrs. triennially License renewal. Renewal date is license issuance Provider Meet requirement of home or any date triennially. state where active license is held. IOWA Licensure not required MICHIGAN No requirement KANSAS Public Adjusters: 12 CE hours including 1 hour License renewal. The license renews on the Adjuster with Nonresidents must satisfy the MINNESOTA 24 hrs., biennially, includes 3 hrs. of ethics License renewal. Renewal date is the last day of Provider Meet home state requirement of ethics every 2 years. CE hours must be in adjuster's birthday in the odd or even year. If the renewal or provider designated home state's CE the birth month biennially based on year of P/C courses. No more than 3 hours can be adjuster was born in an odd numbered year, CE is to SBS requirement. issuance. taken in insurance agency management. due with renewal in the odd year. Likewise for adjusters born in the even numbered year. Newly MISSISSIPPI 12 hrs. annually after first renewal date May 31, annually Provider Meet home state requirement, if licensed adjusters are exempt for a period of two none, exempt. years from the date of the initial license issuance. MISSOURI No requirement KENTUCKY 24 hrs. biennially, including 3 hrs. of ethics. License renewal. Renewal occurs on the last day of Provider Meet home state MONTANA 24 hrs. biennially, which includes 1 hr. on MT License renewal Provider to SBS Meet home state requirement, if Staff adjusters are exempt. the birth month in odd or even years depending on requirement. legislative changes and 3 hrs. of ethics. License renews biennially based on birth none, must complete MT year of birth. month/year of licensure. requirement or that of the DHS. NEBRASKA Public Adjusters are licensed as Insurance 45 days prior to license renewal. Renewal date is Adjuster Exempt LOUISIANA 24 hrs., biennially, includes 3 hrs. of ethics License renewal. Renewal date last day of the birth Adjuster Meet requirement of home state, Consultants in NE. 24 hrs. biennially (21 last day of birth month biennially, even/odd years month, biennially. DHS, or meet this state's general; 3 hrs. ethics) requirement. NEVADA No requirement MAINE No requirement Page 7 [email protected] Neither Vertafore nor its employees can be held responsible for incomplete or incorrect information. Consult legal counsel as appropriate. © 2014 Sircon Corporation d/b/a Vertafore Producer Lifecycle Management. All Rights Reserved.

SILA Digest Adjuster Continuing Education QuickGuide Revised information is shown in bold text CE Proof Sent State Continuing Education Requirement Compliance Deadline Nonresident Compliance By: NEW HAMPSHIRE Public Adj. - 15 hrs. 60 days prior to license renewal, biennially. Provider NH accepts the 'designated home Claims Adj - 20 hrs. Renewal date is October 1, biennially state' for adjusters that live in Claims Adj (WC) - 20 hrs. to include 10 hrs. in states without a resident license. workers comp and 10 hrs. in any other multiline NR exempt if adjuster meets claims adjuster course. requirement in home state or designated resident state. NEW JERSEY Public Adjuster: 15 hrs. biennially. License renewal, biennially. Provider Nonresident may be exempt if the commissioner deems that the licensee has satisfactorily completed CE requirements for a public adjuster in the state in which he or she resides, that are equivalent to New Jersey CE requirements. NEW MEXICO No requirement NEW YORK Public Adjusters are licensed as a general December 31 even-numbered years Adjuster All NY licensed adjusters must consultant; 15 hrs., biennially. Independent complete NY approved CE Adjusters do not complete CE. courses. There is no CE reciprocity for Public Adjusters NORTH CAROLINA 24 hrs. biennially including 3 hrs. of ethics. Must Continuing education is due biennially based on Provider Exempt if adjuster is licensed in also complete 3 hrs. of flood taken every 4 yrs. birth month and year good standing in residence/home state. NORTH DAKOTA Licensure not required Page 8 [email protected] Neither Vertafore nor its employees can be held responsible for incomplete or incorrect information. Consult legal counsel as appropriate. © 2014 Sircon Corporation d/b/a Vertafore Producer Lifecycle Management. All Rights Reserved.

SILA Digest Adjuster Continuing Education QuickGuide Revised information is shown in bold text CE Proof Sent State Continuing Education Requirement Compliance Deadline Nonresident Compliance By: OHIO No requirement OKLAHOMA 24 hrs. biennially, including 3 hrs. ethics and 2 Due at license renewal. Renewal date is last day of Provider Meet CE requirement from any hrs. of legislative updates birth month, biennially. state where license is held OREGON No requirement PENNSYLVANIA Public Adjuster, 24 hrs. biennially Prior to renewal date; last day of the birth month Provider Exempt biennially. RHODE ISLAND No requirement SOUTH CAROLINA No requirement SOUTH DAKOTA Licensure not required TENNESSEE 24 hrs. biennially License renewal. Renewal date (Public Adj) is the Provider Meet CE requirement from any license issuance date biennially. state where license is held Renewal Date (Multiperil Crop Adj) is the last day of the birth month biennially. Page 9 [email protected] Neither Vertafore nor its employees can be held responsible for incomplete or incorrect information. Consult legal counsel as appropriate. © 2014 Sircon Corporation d/b/a Vertafore Producer Lifecycle Management. All Rights Reserved.

SILA Digest Adjuster Continuing Education QuickGuide Revised information is shown in bold text CE Proof Sent State Continuing Education Requirement Compliance Deadline Nonresident Compliance By: TEXAS 30 hrs. biennially, including 2 hrs. of consumer Prior to license renewal. Renewal date is the Provider Adjuster licensed by LOC and no protection or ethics. 15 hrs. must be classroom license issuance date biennially. exam - may complete CE from any or classroom equivalent, i.e., online course Effective 9/1/2015, for a license issued or state where a license is held. w/security measures. renewed in an even-numbered year, the next Adjuster licensed by TX exam - Effective 9/1/2015 CE hours are reduced to renewal date will be the individual license should complete TX requirement. 24 including 2 in consumer protection or holder’s birthdate, and for licenses issued or ethics and 12 hours classroom. If the renewed in an odd-numbered year, the next individual holds more tha one license for renewal date will be the licensee’s birthdate, which CE is required, the individual is not based upon date of issuance/renewal. required to complete more than 24 CE hours for all licenses during the license period. UTAH 24 hrs. biennially, incl. 3 hrs. ethics. 12 hrs. must License renewal. Renewal date is last day of birth Provider Meet home state requirement, or be completed by classroom or classroom month biennially. requirement of any state in which a equivalent license is held. VERMONT PC Adjuster - none License Renewal Adjuster Complete VT requirement Public Adjuster - none WC Adjuster must attend 1 VT Labor Department seminar every two years after first renewal. Crop - none VIRGINIA Public Adjusters, 24 hrs. biennially Prior to renewal date; license issuance date Provider Must meet CE requirement in biennially home state. WASHINGTON No requirement Page 10 [email protected] Neither Vertafore nor its employees can be held responsible for incomplete or incorrect information. Consult legal counsel as appropriate. © 2014 Sircon Corporation d/b/a Vertafore Producer Lifecycle Management. All Rights Reserved.