Continuing education is only required for resident insurance producers and adjusters. This includes insurance adjusters that have designated Louisiana as their “home state” for the purpose of licensing. The requirements are as follows:
|1. Producers licensed for one or more lines of life, health and accident, property, casualty or personal lines
|2. Producers licensed for line of bail bonds
|3. Producers licensed for line of title
|| 6 hours
|4. Adjuster license
Beginning with the renewals of 2012 the CE hours for an insurance producer must include three (3) hours of education in ethics. Beginning with the renewals of 2013 the CE hours for an insurance producer with the lines of property, casualty or personal lines must include three (3) hours of education in flood.
Under Louisiana law (La. R.S. 22:1575) an individual producer may not sell, solicit or negotiate long-term care insurance unless the individual has complied with the long-term care training requirements. This requirement is separate and distinct from the continuing education requirement listed above. The training courses may be submitted to the Louisiana Department of Insurance by the provider to receive continuing education credits. If the courses are approved for continuing education credit, they may be applied to the minimum requirements listed above.
La R.S. 22:1576, recently enacted by Act 612 of the 2012 legislative session, requires individual producers engaged in the sale of annuity products to complete a one-time four (4) hour training course. This requirement is separate and distinct from the continuing education requirements for a licensee and applies to both resident and nonresident producers. The requirement applies to all types of annuity products.