DigestConfEdition Sept2015v10pagesHTML5

SILA Digest

Conference Edition 2015



S I L A Digest

Table of Contents

Adjuster Continuing Education QuickGuide 4 Limited Line Credit QuickGuide 111
Agent Licensing Requirements QuickGuide
Agency Licensing Requirements QuickGuide 14 Appointment Lines of Authority QuickGuide 119
Adjuster Licensing Requirements QuickGuide
Adjuster Licensing Requirements QuickGuide 21 Long-Term Care Educational Requirements QuickGuide 125
Annuity Suitability Training QuickGuide
Appointment Renewal QuickGuide 30 Online License Processing QuickGuide 143
State Required Background Investigation QuickGuide
Company Adjuster Licensing Reciprocity QuickGuide 30 Prelicense Education Requirements QuickGuide 155
Continuing Education Requirements QuickGuide
Individual Change of Address QuickGuide 43 State Contact Information QuickGuide 167
Commission Payment QuickGuide
Jurisdiction Fee QuickGuide 58 Reporting of Administrative & Criminal Actions QuickGuide 182
individual & Entity License & Appointment Fee QuickGuide
64 Individual License Renewal and Reinstatement QuickGuide 195

69 Notice of Termination QuickGuide 215

72 Variable Licensing Requirements QuickGuide 221

85 Appointment Processing for Licensed Producers QuickGuide 227

95 FINRA Administered Qualification Examinations QuickGuide 234

100 Education Provider QuickGuide 238

105

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S I L A Digest

Adjuster Continuing Education QuickGuide

Revised information is shown in bold text

State Continuing Education Requirement Compliance Deadline CE Proof Sent Nonresident Compliance
ALABAMA By:
Independent Adjuster License renews biennially based on licensee's birth
24 hrs., biennially, includes 3 hrs. of ethics month and birth year. Provider Meet home state or designated
home state requirement.

ALASKA 24 hrs., biennially, includes 3 hrs. of ethics License renewal biennially. Renewal date based Provider Exempt
ARIZONA No requirement on licensee's birthday and birth year

ARKANSAS 24 hrs., biennially, includes 3 hrs. ethics License renewal Provider Exempt if adjuster meets CE in
CALIFORNIA 24 hrs., biennially, includes 3 hrs. of ethics License renewal Provider home state
COLORADO No requirement
Meet home state or designated
home state requirement.

CONNECTICUT No requirement

DELAWARE Adjuster & Public Adjuster, Multi-peril Crop Res. - 2/28 even yrs., Non-res. - 2/28 odd yrs. Provider Exempt

DISTRICT OF Adjuster 12 hrs. biennially, must include 3 hrs. of
COLUMBIA
ethics

No requirement

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S I L A Digest

Adjuster Continuing Education QuickGuide

Revised information is shown in bold text

State Continuing Education Requirement Compliance Deadline CE Proof Sent Nonresident Compliance
FLORIDA By:
24 hrs. biennially, including 5 hrs. of law &
ethics, and 19 hrs. electives. End of birth month following the second anniversary Provider Meet CE requirement from a
of the license issuance date, and biennially reciprocal state where license is
thereafter. held or meet Florida's requirement

GEORGIA Independent and Public Adjusters: licensed less Biennially, last day of birth month. Provider Exempt
than 20 years, 24 hrs. biennially. If licensed 20
years or more 20 hrs. biennially. Professional
designation such as CLU or CPCU complete 12
hrs. biennially. All CE must include 3 hrs. of
ethics.
Worker's Comp Adjusters: 20 hrs. of approved
State Workers’ Compensation Board courses or
complete the normal CE requirement specifically
in the lines of property and casualty. No ethics
requirement.

HAWAII No requirement License renewal - last day of the birth month Provider Designated Home State (DHS) -
IDAHO every two years Idaho adjusters declaring ID as
Independent and Public Adjusters their home state must meet ID
24 hours including 3 hours of ethics, CE requirement. Otherwise,
biennially. nonresidents are exempt.

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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.

S I L A Digest

Adjuster Continuing Education QuickGuide

Revised information is shown in bold text

State Continuing Education Requirement Compliance Deadline CE Proof Sent Nonresident Compliance
ILLINOIS By:

INDIANA Public Adjusters: 24 hrs. biennially, includes 3 License renewal Provider Meet home state requirement.
hrs. of classroom ethics

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
KENTUCKY P/C courses. No more than 3 hours can be adjuster was born in an odd numbered year, CE is renewal or provider designated home state's CE
LOUISIANA taken in insurance agency management. due with renewal in the odd year. Likewise for
MAINE adjusters born in the even numbered year. Newly to SBS requirement.
licensed adjusters are exempt for a period of two
years from the date of the initial license issuance.

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.

24 hrs., biennially, includes 3 hrs. of ethics License renewal. Renewal date last day of the birth Adjuster Meet requirement of home state,
No requirement month, biennially. DHS, or meet this state's
requirement.

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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.

S I L A Digest

Adjuster Continuing Education QuickGuide

Revised information is shown in bold text

State Continuing Education Requirement Compliance Deadline CE Proof Sent Nonresident Compliance
MARYLAND No requirement By:

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.

MICHIGAN No requirement

MINNESOTA 24 hrs., biennially, includes 3 hrs. of ethics License renewal. Renewal date is the last day of Provider Meet home state requirement
the birth month biennially based on year of
MISSISSIPPI 12 hrs. annually after first renewal date issuance. Provider Meet home state requirement, if
MISSOURI No requirement none, exempt.
May 31, annually

MONTANA 24 hrs. biennially, which includes 1 hr. on MT License renewal Provider to SBS Meet home state requirement, if
NEBRASKA legislative changes and 3 hrs. of ethics. License renews biennially based on birth Adjuster none, must complete MT
NEVADA month/year of licensure. requirement or that of the DHS.
Public Adjusters are licensed as Insurance
Consultants in NE. 24 hrs. biennially (21 45 days prior to license renewal. Renewal date is Exempt
general; 3 hrs. ethics) last day of birth month biennially, even/odd years
No requirement

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S I L A Digest

Adjuster Continuing Education QuickGuide

Revised information is shown in bold text

State Continuing Education Requirement Compliance Deadline CE Proof Sent Nonresident Compliance
By:
NEW HAMPSHIRE Public Adj. - 15 hrs. 60 days prior to license renewal, biennially. NH accepts the "designated home
Claims Adj - 20 hrs. Renewal date is October 1, biennially Provider 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 Provider 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
also complete 3 hrs. of flood taken every 4 yrs. birth month and year Exempt if adjuster is licensed in
good standing in residence/home
state.

NORTH DAKOTA Licensure not required

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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.

S I L A Digest

Adjuster Continuing Education QuickGuide

Revised information is shown in bold text

State Continuing Education Requirement Compliance Deadline CE Proof Sent Nonresident Compliance
OHIO No requirement By:

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
OREGON state where license is held
hrs. of legislative updates birth month, biennially.

No requirement

PENNSYLVANIA Public Adjuster, 24 hrs. biennially Prior to renewal date; last day of the birth month Provider Exempt
RHODE ISLAND No requirement biennially.

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.

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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.

S I L A Digest

Adjuster Continuing Education QuickGuide

Revised information is shown in bold text

State Continuing Education Requirement Compliance Deadline CE Proof Sent Nonresident Compliance
TEXAS By:

30 hrs. biennially, including 2 hrs. of consumer Prior to license renewal. Renewal date is the Provider Adjuster licensed by LOC and no
exam - may complete CE from any
protection or ethics. 15 hrs. must be classroom license issuance date biennially. state where a license is held.
Adjuster licensed by TX exam -
or classroom equivalent, i.e., online course Effective 9/1/2015, for a license issued or should complete TX requirement.

w/security measures. renewed in an even-numbered year, the next

Effective 9/1/2015 CE hours are reduced to renewal date will be the individual license

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
VERMONT Adjuster requirement of any state in which a
be completed by classroom or classroom month biennially. license is held.
VIRGINIA
WASHINGTON equivalent Complete VT requirement

PC Adjuster - none License Renewal
Public Adjuster - none
WC Adjuster must attend 1 VT Labor
Department seminar every two years after first
renewal.
Crop - none

Public Adjusters, 24 hrs. biennially Prior to renewal date; license issuance date Provider Must meet CE requirement in
biennially home state.

No requirement

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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.