Department Of Insurance Regulations

Question 0

From date of hearing notice to hold hearing

Answer 0

20 days

Question 1

Examine domestic insurers

Answer 1

5 years

Question 2

Commissioner will issue and deliver certificate of authority

Answer 2

60 days

Question 3

Age requirement to get licensed

Answer 3

18 years

Question 4

Pre-licensing education requirement in each major line of authority

Answer 4

20 hours

Question 5

Continuing education requirement during each licensing period 3 of which are ethics

Answer 5

24 hours

Question 6

Temporary license valid

Answer 6

180 days

Question 7

Maximum temporary license period for a producer in the process of obtaining a permanent license

Answer 7

45 days

Question 8

License renewal

Answer 8

24 months

Question 9

To reinstate lapsed license without taking exam

Answer 9

12 months

Question 10

After license revocation eligible to apply for a new license

Answer 10

2 years

Question 11

For insurer to file notice of appointment with the commissioner

Answer 11

15 days

Question 12

For commissioner to determine producer eligibility for appointment

Answer 12

30 days

Question 13

To report change of name and address

Answer 13

10 days

Question 14

For producer to report administrative actions or criminal prosecutions against them in any juristiction

Answer 14

30 days

Question 15

For the producer to report any convictions, guilty pleas, or gross misdemeanors to the commissioner

Answer 15

10 days

Question 16

To deliver policy to the insured after receiving it from the insurer

Answer 16

30 days

Question 17

Performance bond required as a condition for reapplication after a license has been revoked

Answer 17

$20,000

Question 18

Fine for rebating

Answer 18

$60-$200

Question 19

Penalty per occur acne for transacting insurance without a certificate of authority

Answer 19

$100-$1,000