Effective July 1, 2016, Virginia makes program changes to its continuing education proof of
compliance requirements as follows:
Agents who have completed all continuing education course or exemption requirements by December 31 (or the next working day thereafter if December 31 falls on a weekend, of the following year) but failed to demonstrate proof of compliance by failing to pay the continuance fee imposed by the Virginia Insurance Continuing Education Board shall be permitted to pay such a continuance fee for an additional period of time, until the close of business on January 31 (or the next working day) but only if the agent pays, in addition to the continuance fee, a late filing penalty of $100, which must be paid electronically at www.VirginiaInsuranceCE.com. No agent whose proof of compliance is received during this final period shall be considered in compliance with the continuing education requirements unless the continuance fee and the late filing penalty described herein are paid by the close of business on January 31 (or the next working day).
Additional changes to Virginia’s continuing education program include the removal of the
restriction that the Virginia Insurance Continuing Education Board’s waiver of requirements pertaining to the number of course credits required for good cause be based on emergency situations and (ii) deletes the condition that requests for waivers of course credit requirements be submitted no later than 90 calendar days prior to the end of the biennium for which the waiver is requested.
Agents are encouraged to visit www.VirginiaInsuranceCE.com to pay the statutorily required nonrefundable $20 continuance fee. From this website, agents can also review their CE transcript, Compliance Schedules, FAQs, and the CE Agent Information Handbook regarding Virginia’s CE program.
The legislation is available in its entirety at the following link: http://lis.virginia.gov/cgi-bin/legp604.exe?161+sum+HB844