Bulletin 2009-05 Change of Address Notification Requirement

TO: FROM· SUBJ South Carolina Insurance BULLETIN NUl\tiBER 2009-05 Scott H. Richardson, CPC Director Bail MARK SANFORD SCOTT H. RICIIARDSOI'\ Change of Address Notification Requirement MandatorY Online Process DATE: May 18, 2009 I. PLRPOSE South Carolina law requires all licensees to notify the Department of any change in address within thirty (30) days. Failure to notify the Department within the 30-day statutory timeframe constitutes a violation of the South Carolina insurance lavvs. The purpose of this Bulletin is to remind all licensed appraisers, agencies, adjusters, hail bondsmen, producers, puhl ic adjusters, runners, and brokers of their statutory responsibility to make certain their mailing, home and/or business address records with the South Carolina Department of Insurance are up-to-date. Having inaccurate address and other contact information on file with the Department may result in licensees not receiving important notices and other communications. Licensees may be subject to administrative disciplinary action for not timely notifying the Department of an address change. More importantly, licensees may miss important response deadlines which could result in the suspension or revocation of the person's authority to transact insurance business in this State. Accordingly, the Department is requesting all licensees to check and veri the address information in the Department's online information system and to make any changes necessary to bring address records up-to-date. I 0, individuals accept paper to the Department via the Internet. communicates with persons and of South Carolina Bulletins situation. II. PROCEDURES FOR MAKING AN ADDRESS CHANGE Bulletins entllies do not situation. A. Ill instructions: ( l) Your HomciRestdent State (2) Your Resident State License Number (3) Your Last Name After ADJUSTERS, PUBLIC ADJUSTERS AND APPRAISERS NOT LICENSED IN THEIR 1-10!\IE STATE \VILL NEED TO USE THE DEPARTMENT'S WEBSITE TO COMPLETE AN ADDRESS UPDATE. PLEASE FOLLOW THE INSTRUCTIONS IN SECTION B. B. Bail Bondsmen, Runners and Agencies: (I) Go to the top ofthe Department's home page~~=-,"==~' and click on SCDOI Connect Login. (2) When the screen changes, look to the top right-hand side of the page across from the User Id and Password boxes and you vvill be asked to create an account. (a) If you already have a user id and password, log m and proceed to update your records. (b) If you have already created a user id and passYvord, and do not remember them, please e-mail and vou \vill bee-mailed your infonnation. (c) If do not have a user id and pass\vord, click the Create an Account highlighted area. There ts no cost to create an account. You will be asked to type in Social Security Number and Date of Birth. which the Director of Insurance communicates with persons and Bulletins are of South Carolina Bulletins advtcc. ach·icc or f(H· additional inkmnation on the (u) Once the a Once mfom1ation JS saved, your · displayed on the screen. can then be made to update your Please protect your user id and password information. appraiser, agency, adjuster. producer, public adjuster and broker Questions address change requirements should be submitted in vvriting to the mail box at Questions regarding bail bondsmen and runner address requirements should be submitted in V\Titing to Spcc1al Licensing Services at Bulletins arc the method entities the commtmicates with persons and of South Carolina on the Department's enforcement approach. Bulletins advice. should consult applicable statutes and or contact an ath ice or f(n additional information on the impact of that on their situation.