Notice to Utah Producers
The Utah Insurance Department has informed insurers and licensees of two bills – House Bill 24 and House Bill 141 – that recently amended the state’s insurance statutes on inducements and rebating.
Washington Rule 284-17-800+ - Commission Sharing and Referral Fees
Washington has adopted new rules effective July 1, 2015 to provide producers with guidance as to what may or may not constitute the inappropriate sharing of commissions with non-licensed persons.
New Hampshire House Bill 1177 - Promotional Contests
New Hampshire currently lists raffles and drawings conducted in connection with the marketing or promotion of insurance products as exceptions to the state’s anti-rebating law.
California Fee Adjustment
Please be advised that the California Department of Insurance has provided notice that it raised fees by 10% for all insurance producers, insurance adjusters, and insurers operating in California effective March 1, 2015.
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