Bulletin 2010-09 Insurer Certification- Producer Continuing Education Requirements

Date: South Carolina Department of Insurance Capital Center 1201 !\lain Street, Suite 1000 Columbia, South Carolina 29201 \tailing Address: P. 0. Box 100105. Columbia, SC 29202·3105 Telephone: (803) 737·6095 (803) 737·6193 BULLETIN NUMBER 2010-09 All Licensed in the of South Scott Richardson. CPCU Director, Insurer Certification- Producer Continuing Education Requirements August 2010 MARK SANFORD Governor SCOTT RICHARDSON I>it·ector of Insurance I. PURPOSE The purpose of this bulletin is to remind all insurers of the requirements governing producer appointment a part of the appointment renewal process, insurers are required by statute to certify that producers appointed with their company have complied with applicable South Carolina continuing insurance education (CE) requirements. Before renewing producer appointments, insurers must forward to the South Carolina Department of Insurance (Department) via electronic transmission (i.e., E-mail) their certification that the insurer reviewed the CE status report provided by the CE administrator. The license and appointments that CE are lapsed and they cannot conduct the ensuring to the Department that they are not conducting IS or Insurer certifications must be e-mailed to the than 5:00 p.m. EDT, August 25, 2010. renew 10. to the II. THE APPOINTMENT RENE\VAL AND INSURER CERTIFICATION PROCESS A. How to Comply to ensure it are Accepting business from a producer whose license and appointment have lapsed constitutes the unauthorized transaction of insurance business and subjects the insurer to the pemllties set forth in Sections§ 38-2-10 and§ 38-25-10 et seq. status contact B. Information Required Name of Insurance Company: Producer Division Appointment/Renewal E-mail and Mailing Address: Contact Person's E-mail and Mailing Address for Producer Renewal: Date Certification Completed:-------------------------- Number of Producers Not CE Compliant in Insurance Company's SC License No:---------------------- Name and Telephone Number of the Person Completing Form: C. \Vhere to Send Certification must to 0. Questions