IFS Online: Insurance & Financial Services News

Friday, September 28, 2007

Sircon Announces Partnership with Independent Insurance Agents of Indiana

The Independent Insurance Agents of Indiana has partnered with Sircon to give their members special rates and access to licensing resources for state insurance departments. Sircon will be providing access to insurance-industry licensing, compliance and education resources for state departments of insurance nationwide. This partnership will also make compliance with insurance regulation much easier for member agencies. They will have real-time access to electronic appointments, terminations, license applications, renewals and other pertinent services. To find out more information please visit the Independent Insurance Agents of Indiana or Sircon websites.

Also, if you are looking obtain or maintain your insurance license visit LearnInsurance.com where courses are currently being offered for Insurance Pre-license and CE for many states nationwide.

Tuesday, September 25, 2007

Massachusetts Launches Online Licensing System

The Massachusetts Division of Insurance launched the first phase of this new state-of-the-art online insurance licensing system called OLLIE (Online Licensing of Individuals and Entities) that will enable individual insurance producers, both residents and non-residents, to renew their insurance licenses and pay associated fees quickly and easily. In the next phases, OLLIE will allow other licensing types that include new applications and renewals.

This is just one of the major changes that departments of insurance across the country are implementing to increase efficiency for anyone using their systems. These changes will mainly affect how agents and agencies interact with the each of the departments of insurance. To view the article on the Massachusetts website click here.

If you are looking to obtain you Insurance License or complete your continuing education for Massachusetts or any other state self-study and online courses are available at LearnInsurance.com.

Wednesday, September 19, 2007

Long-Term Care Requirements added to State Education Regulations

In the past couple weeks there have been a few states that have amended their continuing education laws to include the most recent version of the NAIC Long-Term Care Model Act. The Florida, Montana and Pennsylvania Insurance Departments are the most recent to conform with this NAIC law. The model act includes a new section on producer training, which requires producers to complete a one-time, eight-hour training course before selling long-term care insurance products and an ongoing, four-hour training requirement from that point on. The training will cover long-term care insurance, as well as information about Partnership programs and their relationship to the Medicaid program.

LearnInsurance.com now has Long-Term Care continuing education courses so go to www.learninsurance.com to see if they are available in your state.

Wednesday, September 05, 2007

South Carolina signs with Thomson Prometric

This week Thomson Prometric announced that the South Carolina Department of Insurance has signed a new contract for the development and delivery of its insurance licensing exams and its continuing education services. These services will include test development, delivery, scoring and reporting, and for the first time will incorporate Internet-based data reporting.

To view the Prometric press release click here.

This is just another step in the insurance industry’s move towards a more user friendly, necessary, and automated system.

If you are looking to obtain your or renew your South Carolina insurance license visit LearnInsurance.com for a variety of state-approved courses.

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