Company Licensing Requirements
Company License Amendments
-
UCAA Corporate Amendments
- Add/Delete Lines of Business
- Address Changes
- Change of Control of Foreign Insurer
- Merger of Foreign Insurer
- Name Change
- Redomestication of Foreign Insurer
Company Authorization of Individuals to Appoint/Terminate Agents
All individuals who appoint/terminate agents, except officers
of the insurance company, must be authorized by each insurance company before
signing the appropriate forms.
Company Appointment of Agents
All insurance companies must secure and have on file current
evidence of an agent's background investigation before the agent's appointment
is requested. Fees are $25.00 for agents and general
agents.
Bulletin 2009-8 Annual Renewal of Producer Appointments
Companies may not delete individuals from the renewal list. Terminations of
agents must be completed by March 15th to avoid paying for their appointment
renewals.
Company appointment renewals for all company types will be mailed on or
about April 1, 2011 and due May 31, 2011.
The invoices may not be altered and payment in full must be received by the
annual renewal date set forth above. Insurance Companies may terminate
appointments either electronically or by using the paper cancellation form
prescribed by the Commissioner.
Company Termination of Agents
All insurance companies must, upon
termination of the appointment of any agent, notify the Commissioner
within 30 days. There is no charge for termination.
Companies can no longer delete those individuals from the renewal
list they do not wish to re-appoint. Terminations of agents have to
be completed by March 15 to avoid paying for their appointment renewals.
| Company License Renewals |
| License Type |
Renewal Date |
| Auto Club |
April 1st |
| Blood Plan |
January 1st |
| Burial |
March 1st |
| Fraternal/Larger Fraternal |
January 1st |
| HMO |
January 1st |
| Legal |
March 1st |
| Life |
January 1st |
| Property & Casualty |
June 1st |
| Title |
June 1st |
|
Company Registration Information
