Home State Certification For Non-Resident Individual Licensees

BULLETIN NO. 11-2004 TO: ALL LICENSED INSURANCE COMPANIES, ALL LICENSING SERVICES, NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS, AND OTHER INTERESTED PARTIES FROM: ARKANSAS INSURANCE DEPARTMENT LICENSE DIVISION SUBJECT: HOMESTATE CERTIFICATION FOR NON-RESIDENT INDIVIDUAL LICENSEES DATE: SEPTEMBER 15, 2004 – FOR YOUR IMMEDIATE ATTENTION Effective September 30, 2004, the Arkansas Insurance Department will no longer require a nonresident individual to provide a current home state certification with a new license application or for a license renewal if the individual’s home state participates with Producer Database (PDB). The Department has developed new software to perform an automatic lookup of the NIPR Producer, RIRS, and SAD databases, and therefore there is no need for home state license certifications on individuals. However, the automatic lookup program does not work for business entities. “Business Entities” include corporate or partnership insurance agencies, limited liability companies (LLCs) and limited liability partnerships (LLPs) acing as insurance agencies; but not sole proprietorships. Any new business entity license applications and license renewals must have a current home state certification attached to the new application or renewal form. If you should have any questions regarding this change in procedure, please contact Fred Stiffler, Director, License Division at 501-371-2750 or fred.stiffler@arkansas.gov, or fax at 501-683- 2604. Effective date: September 30, 2004 (signed by Mike Pickens) (9/16/04) _____________________________ ___________________ MIKE PICKENSE DATE INSURANCE COMMISSIONER STATE OF ARKANSAS Arkansas Insurance Department 1200 West Third Street Little Rock, AR 72201-1904 1-501-371-2600 1-800-282-9134 Mike Huckabee Mike Pickens Fax 1-501-371-2618 Governor Commissioner www.state.ar.us/insurance