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PIA Plan to Expand Producer Licensing Registry is Simplest Solution to Modernization

Completing the National Insurance Producer Registry (NIPR) is "the simplest solution" to achieve modernization of the producer licensing system, according to PIA National Immediate Past...
June 17, 2008

Completing the National Insurance Producer Registry (NIPR) is "the simplest solution" to achieve modernization of the producer licensing system, according to PIA National Immediate Past President Donna Pile. In a news article in this week's edition of the National Underwriter, Pile said working to finish the nearly completed electronic licensing system for agents "demonstrates that a consumer-based, states-based system is a very good system."

Pile urged that work be finished on the system that allows producers for property-casualty, life and health lines of business to be licensed, often within 24-to-48 hours. The system is in place in 47 states and the possibility exists for all states to be participating in the system within two years, she said. "Getting the participation of all states would help send a clear sign that state regulation is effective and is the best way in which the industry can modernize itself," Pile maintained.

Pile, in a letter to the NAIC Producer Licensing Coalition, said that PIA believes it will take all parties, i.e. states, DOIs, NAIC and Congress two-to-three years to finalize the details and complete the modernized, functioning state NIPR insurance producer licensing system.

Agent Group Calls For Push To Expand Producer Registry (National Underwriter 6/13)