North Carolina announces legislative changes to Licensing and Continuing Education

According to a recent article from the North Carolina Department of Insurance starting January 1st, 2008 there will be four specific changes to the North Carolina Licensing and Continuing Education rules. The four areas affected will be Line of Authority Licenses, Pre-licensing Education, Continuing Education and Notification Requirements. According to the news article from the NCDOI the changes will be made to “eliminate barriers for producers and insurers across state boundaries”.

Of these changes, two of them seem to be very significant. First is the six new lines of authority which are Life, Accident and Health or Sickness, Property, Casualty, Personal Lines, and Variable Life and Variable Annuities Products. The main change here is that instead of a Life & Health Agent and a Property & Liability Agent these two will be split into four which will be Life Agent, Accident & Health or Sickness Agent, Property Agent and Casualty Agent. Second is the Insurance CE requirements which will now require all major lines to complete 24 hours of CE every two year. This will include a 3 hour Ethics requirement.

LearnInsurance.com will be updating their course offering to stay compliant with all North Carolina rules and regulations. If you are interested in taking Pre-license or Continuing Education courses please visit LearnInsurance.com.