The New CE Requirements Apply To You Even If You’ve Already Taken 15 Hours

​Since the New York State Department of Financial Services announced that it has adopted a new regulation (effective Nov. 12, 2021) regarding mandatory continuing education courses, we've been receiving questions like this one:I was hoping to run something past you quick regarding the attached revision to CE requirements. It states that this applies to any insurance producer whose license renews on or after April 1st. Does that mean that a licensed individual who is set to renew their license on April 2nd, 2022 are required to meet those requirements in order to renew their license even if they have taken 15 credits that don’t meet…

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New Continuing Ed Requirements Take Effect Nov. 12

​The New York State Department of Financial Services (DFS) has formally adopted a rule imposing new continuing education course requirements on insurance producers and adjusters. If your license is due to renew on or after next April 1, you must take the required coursework in order to renew. ​The regulation, which DFS first proposed last July, will take effect on Nov. 12 and applies to licenses renewing on and after April 1, 2022. An agent or broker will be unable to renew a license unless their 15 hours of continuing education include:At least one hour of courses on the provisions of New York insurance law and…

Continue ReadingNew Continuing Ed Requirements Take Effect Nov. 12