NH Insurance Department Bulletin INS 07-077-AB

Appointments and Appointment Terminations

Year: 2007Length: 232 wordsOfficial source
The State of New Hampshire Insurance Department 21 South Fruit Street, Suite 14 Concord, NH 03301 Roger A. Sevigny Commissioner Alexander K. Feldvebel Deputy Commissioner BULLETIN Docket No.: INS No. 07-077-AB To: All Insurance Companies licensed to do business in New Hampshire and All Licensed Producers From: Roger A. Sevigny Date: October 18, 2007 Re: Appointments and Appointment Terminations Effective October 18, 2007, the New Hampshire Insurance Department is changing our policy regarding active appointments associated with inactive producer licenses. On and after October 18, 2007, whenever a license status changes from active to any other status, all active appointments associated with that license will automatically terminate. Also on October 18, 2007, all currently active appointments associated with an inactive license will be terminated. New Hampshire does not have grace periods for producer license renewals. The result of this change is that if a license is not renewed on or before the expiration date, the appointments associated with that license will terminate when the license terminates. If a license is subsequently reinstated, new appointments will be required in accordance with NH RSA 402-J:14 and NH RSA 400-A:29. All appointments and appointment terminations are processed electronically via the National Insurance Producer Registry (NIPR). If you have any questions, please contact Clinton Lane at the New Hampshire Insurance Department at 603-271-7973 Ext. 215. Telephone 603-271-2261 FAX 603-271-1406 TDD Access Relay NH 1-800-735-2964 Website: www.nh.gov/insurance
NH Insurance Department Bulletin INS 07-077-AB: Appointments and Appointment Terminations | Justis AI