IA Bulletin 20-08

Iowa Insurance Division Transition to New Version of SBS in June

Year: 2020Length: 293 wordsOfficial source
KIM REYNOLDS DOUG OMMEN GOVERNOR COMMISSIONER OF INSURANCE ADAM GREGG LT. GOVERNOR TWO RUAN CENTER / 601 LOCUST STREET / 4th FLOOR / DES MOINES, IOWA 50309-3738 Telephone 515-281-5705 / Facsimile 515-281-3059 / https://iid.iowa.gov BULLETIN 20-08 To: All Insurance Producers and Continuing Education Providers of Iowa From: Doug Ommen, Iowa Insurance Commissioner RE: Iowa Insurance Division Transition to New Version of SBS in June Date: April 21, 2020 ______________________________________________________________________________ Effective June 10, 2020, Iowa will be transitioning to a new version of State Based Systems (SBS). The ability to submit any transactions to SBS or the National Insurance Producer Registry (NIPR) will be shut down on June 5, 2020 at 3:00 pm CDT and will be turned back on June 10, 2020 in the morning. The Commissioner rescinds Bulletin 20-02 effective immediately which indicated that the transition to the new version of SBS would occur in May. Any transaction submitted during this timeframe will be declined and fees will not be collected. This affects all the following Iowa applications:  Resident Licensing (RL)  Resident Licensing Renewals (RLR)  Non- Resident Licensing (NRL)  Non- Resident Licensing Renewals (NRR)  Non- Resident Adjuster Licensing (NRAL)  Non- Resident Adjuster Licensing Renewals (NRAR)  Appointment and Terminations (Appt/Term)  Contact Change Request (CCR)  Continuing Education – posting of credits and submittals of course rosters In addition, the Division will be making minor changes including requiring Designated Responsible Licensed Producers (DRLP) to be actively licensed and requiring the National Producer Number (NPN) for an individual instead of their tax identification number (SSN) for Appointment & Termination transactions. More information will be available from the Iowa Insurance Division as it becomes available. Additional information will also be available at www.statebasedsystems.com as the transition date approaches.
IA Bulletin 20-08: Iowa Insurance Division Transition to New Version of SBS in June | Justis AI