To comply with the NAIC standard and to promote consistency among the different types of agent and broker licenses, the number of ethics training hours to be completed by all insurance agents and brokers will be changed to 3 hours beginning on January 1, 2014.

Assembly Bill 1391 (Chapter 321, Statutes of 2013), amended several sections in the California Insurance Code to specify that the ethics requirement is 3 hours every license term for individuals licensed to transact any of the following lines of insurance: property, casualty, life, health, personal lines, and automobile insurance.

What this means is beginning on January 31, 2014, individuals who hold a property and/or casualty, a life and/or accident/health agent license will have their ethics training requirement reduced from 4 hours to 3 hours. In contrast, individuals who hold a personal lines or limited lines automobile insurance license will have their ethics training requirement increased from 2 hours to 3 hours.

 

Questions?  Contact the Producer and Licensing Bureau at: https://interactive.web.insurance.ca.gov/pli/servlet/InformationRequest