PIA supports modernizing the existing regulation of producer licensing through state insurance departments. This system has proven to be the most effective system for protecting consumers and maintaining a vibrant marketplace for industry. PIA:
- Is committed to achieving a modern, nationwide insurance producer licensing system utilizing model laws and regulations such as the Producer Licensing Model Act (PLMA) and electronic facilitators, such as the National Insurance Producer Registry (NIPR).
- Supports state based efforts to increase licensing reciprocity and uniformity.
- Supports narrowly targeted federal legislation, such as NARAB II, that would facilitate reciprocity without creating a new federal insurance bureaucracy.
- Supports the efforts of state organizations, such as NCOIL and the NAIC, to promote uniform state laws and regulations.
Thanks to Our Sponsor:
PIA National thanks the National Insurance Producer Registry (NIPR) for sponsoring the Producer Licensing section of our website.