Producer and Adjuster License Renewals
Producer and Adjuster License Renewals have changed in 2018. To see how your license renewal has changed, check out the Site Tip on the right.
Producer Renewals
Producers only need to file a single license renewal, which will renew all eligible lines on the license. Licenses renew on the last day of the birth month with the license number determining the renewal year. Licenses that end in an even number renew in even-numbered years and licenses that end in an odd number renew in odd-numbered years.
Adjuster Renewals
Adjuster licenses renew on the last day of the birth month with the license number determining the renewal year. Licenses that end in an even number renew in even-numbered years and licenses that end in an odd number renew in odd-numbered years.
Business Entity Renewals
The renewal date for both producer and claims adjuster business entities is March 31 in an even or odd year based on license number.
Exception – The renewal date for Portable Electronic licenses is December 31 in odd years.
Renewal Fees (Effective January 2018)
Producer Renewal Fee
- $50 One Line (other than Surplus Lines)
- $55 Two or More Lines (Other than Surplus Lines)
- $350 Surplus Lines
- $200 Portable Electronics
- $50 Penalty for Late Filing
Adjuster Renewal Fee
- $50 All Lines
- $50 Penalty for Late Filing
New Renewal Dates and Compliance with Continuing Education
Active licenses with expirations already occurring in 2018 or 2019 updated to the new even/odd license renewal dates at the end of October 2017. This means that some licensees that renewed in 2017 will have to renew again in 2018 instead of 2019. Because of the shortened renewal period, these licensees will be exempt from CE compliance for their 2018 renewal and will not be required to comply with continuing education until 2020.
WHEN AND HOW TO FILE
Licensees can file a license renewal online in one of two ways:
Industry Access Portal: Producers and adjusters may file a renewal through the Producer/Adjuster Portal Module in Industry Access. The option for renewal will appear ninety days before expiration of the license. It is strongly recommended that you register in Industry Access in advance of your license expiration. Initial requests for registration take a minimum of 24 hours.
OR
National Insurance Producer Registry: Producers and adjusters may also file online renewals using a credit card through the National Insurance Producer Registry.
Note to resident licensees with a continuing education requirement: If you hold a line that requires continuing education, you must be in compliance with that requirement before an online renewal can be filed. You will not be able to access online renewal until all continuing education hours are completed and on record with the Department.
You can check the status of a previously submitted renewal by accessing the current list of active producers and adjusters here.
Partial Renewals
At the time of renewal, a licensee may choose to not renew one or more lines on a license. Any lines that are non-renewed will be cancelled from the license.
Cancelled lines may be reactivated by filing an initial license application. If re-application is within two years of cancellation, the lines may be reissued by complying with any applicable continuing education requirements. If more than two years have passed since the line was cancelled, all applicable prelicense education and exam requirements would be required.
Example:
Joe Test is licensed as a producer for Life and Credit lines. His license number is 2468. His birthday is in July. His new renewal date is 7/31/18.
When it is time for Joe to renew, Joe does not complete his continuing education required to renew the Life lines. He only chooses to renew the Credit line, which does not require CE. The non-renewal of the Life line will cause the Life line to cancel effective 7/31/18.
Joe can reinstate the Life line within two years by complying with CE requirements and filing a new initial application. He is exempt from exam and prelicense education during this two-year period. After two years, Joe would need to complete prelicense education and re-test to add Life authority back on the application. Click here for more examples.
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