Product Description

Licensing and Surplus Lines Laws is the industry-standard for guidance on every issue that arises in this fundamental area. Filled with the information you need for doing business everywhere in the United States (plus all U.S. territories) this valuable resource will save you time hassle and possibly even penalties.Only Licensing and Surplus Lines Laws delivers time-saving 50-state guidance onThe applicability of licensing laws in every U.S. jurisdiction including the District of Columbia Puerto Rico Guam and the Virgin IslandsPre-licensing requirementsLicensing requirements for resident and non-resident insurance professionalsCommissions and feeswith detailed coverage of disclosure requirementsContinuing education requirementsAnd much moreNewly UpdatedThis latest edition covers many key developments includingStates that require licenses and parameters for out of state adjusters for catasrophe eventsClassExam exemptions for those with degrees in insurance or designationsFull guidance on suitability in annuity transactions producers must now be certain that any annuity they sell is appropriate for the consumer to whom theyre selling itA summary of which states have adopted the state-based systems providing state regulators with Web-based applications to support regulatory functions such as applications renewals and complaintsAnd more