MS Insurance Bulletin 2023-4

House Bill 1084 – Continuing Education Exemptions Insurance Producers Sixty-Five And Older

Year: 2023Length: 416 wordsOfficial source
[LOGO] # MISSISSIPPI INSURANCE DEPARTMENT MIKE CHANEY Commissioner of Insurance State Fire Marshal J. MARK HAIRE Deputy Commissioner of Insurance 501 N. WEST STREET, SUITE 1001 WOOLFOLK BUILDING JACKSON, MISSISSIPPI 39201 www.mid.ms.gov MAILING ADDRESS Post Office Box 79 Jackson, Mississippi 39205-0079 TELEPHONE: (601) 359-3569 FAX: (601) 359-2474 WATS: 1-800-562-2957 (Incoming-USA) ## BULLETIN 2023-4 ## MISSISSIPPI INSURANCE DEPARTMENT ## HOUSE BILL 1084 ## CONTINUING EDUCATION EXEMPTIONS ## INSURANCE PRODUCERS SIXTY-FIVE AND OLDER April 18, 2023 During the 2023 Regular Legislative Session, the Mississippi Legislature passed House Bill 1084, which amends Section 83-17-251 of the Mississippi Code to provide that any individual who is sixty-five (65) years of age or older and who has been licensed as an insurance producer for a continuous period of twenty-five (25) years or more, may be exempt from insurance producer continuing education requirements. This Bulletin has been promulgated by the Mississippi Insurance Department (“MID”) to provide subject insurance producers with guidance regarding compliance with this exemption. Effective April 17, 2023, the date House Bill 1084 was signed into law by the Governor, any insurance producer who meets the requirements of HB 1084 at the time of license renewal may submit an affidavit under oath, as prescribed by the Commissioner, a copy of which is attached hereto as Exhibit “A”, to claim the continuing education exemption. The affidavit may also be accessed via the MID website at the following link: https://www.mid.ms.gov/licensing/producer-individual-licensing.aspx . In order to claim the exemption, the affidavit must be submitted. Questions regarding claiming this exemption should be addressed to the MID Licensing Division at licensing@mid.ms.gov . Sincerely, MIKE CHANEY # EXHIBIT "A" STATE OF COUNTY OF # AFFIDAVIT Personally appeared before me, the undersigned authority, the within named, ____, who being duly sworn, states upon his/her oath the following: 1. I, ____, am over the age of eighteen (18) years of age. I am fully competent to give this affidavit based upon my personal knowledge and recollection of the matters stated herein. 2. I am currently sixty-five (65) years of age or older. 3. I have been licensed as an insurance producer a continuous period of twenty-five (25) years immediately preceding the submission of my insurance producer's renewal application. My producer's license number is ____. Further affiant sayeth not. Done this the ____ day of ____, 20 ____. Print Name of Affiant Signature of Affiant STATE OF COUNTY OF Sworn to and subscribed to Before me this the ____ day of ____, 20 ____. Notary Public My Commission Expires ____
MS Insurance Bulletin 2023-4: House Bill 1084 – Continuing Education Exemptions Insurance Producers Sixty-Five And Older | Justis AI