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California Delays Licensing Implementation by Six Months

The California Department of Insurance is delaying for six months the implementation of a new licensing requirement for fire and casualty licensees that want to...
November 30, 2010

The California Department of Insurance is delaying for six months the implementation of a new licensing requirement for fire and casualty licensees that want to sell health insurance. AB 2782 would have required existing fire-and-casualty licensees to obtain a separate license by Jan. 1, 2011, to continue selling health insurance. The Producer Licensing Bureau will be sending this notice to all licensed fire and casualty broker-agents soon according to Insurance Journal.

The six-month extension means that fire and casualty broker-agents licensed prior to Dec. 31, 2010 will now have until June 30, 2011 to obtain the accident and health agent license to continue to transact accident and health insurance. The department explained the decision to delay implementation because the new requirement allowed just six weeks for broker agents to obtain the accident and health agent license prior to the January 1, 2011 effective date.

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