How does an insurance company notify the department my appointment or termination as an producer?
Insurance does not process agent appointments and terminations. Companies are required to maintain an internally updated register of appointed and terminated producers. No fees will be assessed for appointments or terminations. The appointment must be recorded in the company register within thirty days of an insurer authorizing a producer to transact business on its behalf. Insurance must be notified within thirty days of terminations “for cause.
Insurance does not process agent appointments and terminations. Companies are required to maintain an internally updated register of appointed and terminated producers. No fees will be assessed for appointments or terminations. The appointment must be recorded in the company register within thirty days of an insurer authorizing a producer to transact business on its behalf.
