Category Archives: Uncategorized

Florida Law & Ethics Reduced to 4 Hours

Effective January 1, 2022, the 5-Hour Law and Ethics Update course requirement will be reduced to a 4-Hour Law and Ethics Update requirement. Section 626.2815, F.S. was amended to reflect this change during the 2021 Legislative Session. Education providers will begin offering the new 4-Hour Law and Ethics Update courses on January 1, 2022, so be on the lookout for the new courses if your compliance cycle is due on or after January 31, 2022.

Learn more here: https://myfloridacfo.com/division/agents/newsletter/Archive/2021/Nov/EducationCentral.htm

CEU Institute Celebrates 20 Years!

In 2002, CEU Institute was founded to fill a void in the Insurance, Legal, and Financial services community. It was discovered that many service providers do not have the expertise or capacity to provide CE/CLE/CPE program to their clients due to the vast and ever changing topic requests as well as the regulatory requirements for each state and license type. Fast forward 20 years and CEU Institute has grown to become the premier continuing education services administrator for respected industry associations and fortune 100/500 firms.

“As we continue our growth, we do so with the knowledge and appreciation of God’s blessing on the organization, our employees and their dedication, and our clients for their loyal support” -Michael Benner, President.

Washington Adds Continuing Education Requirement for Adjusters

WA adopted the Adjuster Continuing Education Requirements rule (R2021-03) on September 28, 2021. The rule takes effect on July 15, 2022. SHB 1037, which was signed in 2021, requires resident adjusters to meet certain continuing education (CE) requirements. The commissioner has adopted rules to clarify those requirements for independent adjusters and public adjusters. The intent is to match the NAIC standard of 24 CE hours, including three hours of ethics every two years.

https://www.insurance.wa.gov/adjuster-continuing-education-requirements-r-2021-03?utm_content=&utm_medium=email&utm_name=&utm_source=govdelivery&utm_term=

New York DFS Updates Continuing Education Requirements for Agents

New York DFS has set forth new CE requirements for insurance agents beginning with April 1, 2022 renewals:

Of the 15 credit hours of instruction that a licensee shall complete in accordance with Insurance Law article 21, the licensee shall satisfactorily complete courses or programs of instruction or attend seminars, as the superintendent may approve, that provide:
(1) at least one hour of Insurance Law instruction;
(2) at least one hour of ethics and professionalism instruction;
(3) at least one hour of diversity, inclusion, and elimination of bias instruction;
(4) at least one hour of flood insurance instruction, if the licensee is licensed to sell one or more lines of property/casualty insurance; and
(5) at least three hours of enhanced flood insurance instruction, if the licensee sells flood insurance through the NFIP.

Change to Iowa CE Requirements

Effective June 9, 2021, all Iowa resident insurance producers will be able to meet their continuing education (CE) requirement through classroom, classroom equivalent, or self-study method courses. Producers must still complete 36 total credits including 3 of those credits on the topic of ethics. The requirement to complete 18 hours of classroom CE will be removed from Iowa regulations. Producers will continue to have the ability to take classroom or classroom equivalent courses if they so choose.

For a full list of CE requirements please see: Iowa Administrative Code Chapter 191.11.

Massachusetts Enters Into NAIC Agreement

Effective December 1, 2020, Massachusetts resident producers and adjusters who successfully complete approved continuing education courses in reciprocal states or online will receive continuing education credit for such courses in Massachusetts. Additionally, this CER agreement changes the definition of a “credit hour” in Massachusetts from the existing 60-minutes to a minimum of 50-minutes, as well as eliminates the requirement that CE courses offered in Massachusetts be a minimum of two (2) credit hours. It

FAQs are available on the Division’s website: https://www.mass.gov/service-details/resident-producer-continuing-education-announcement

New York DFS Eliminates Monitor Requirement

November 2, 2020

NY DFS hereby eliminates the requirement that a monitor be present when an insurance producer takes any exam at the conclusion of either a continuing education or prelicensing course.  This change does not modify the requirement to take an exam at the conclusion of a self-study continuing education course or online prelicensing course as set forth in the Continuing Education Criteria and Prelicensing Criteria. 

For details on the DFS site: https://www.dfs.ny.gov/industry_guidance/circular_letters/cl2020_s04_cl2020_09