CE (Continuing Education) Requirements If you hold an agent or broker license for property & casualty or life & health, general or life consultant license or a public adjuster license in New York state, you must comply with Section 2132 of the Insurance Law, established by the New York State Legislature in 1992. Both residents and nonresidents must comply. All property & casualty, life and public adjuster licensees are required to obtain 15 credit hours of continuing education each biennial (2 year) licensing period. The New York State Insurance Department has approved continuing education courses in formats including: - formal classroom course without an examination
- formal classroom course with a monitored examination
- speech or seminar with a monitored examination
- speech or seminar without an examination
- self-study course with a monitored examination
- on-line course with a monitored examination
Credit Requirements Important: As of 1/1/07 the NYS Insurance Department will begin the process of converting individual/tba license renewal dates to a renewal date based on date of birth (all corporate sub-licensees excluded). Detailed information General consultants with a license that renewed April 1, 2006 must earn 15 credits by March 31, 2008. Property and casualty agents with a license that renewed July 1, 2006 must earn 15 credits by June 30, 2008. Brokers with a license that renewed Nov. 1, 2006 must earn 15 credits by Oct. 31, 2008. Life agents with a license that renewed July 1, 2005 must earn 15 credits by June 30, 2007. Life consultants with a license that renewed April 1, 2005 must earn 15 credits by March 31, 2007. Public Adjusters with a license that renewed Jan. 1, 2006 must earn 15 credits by December 31, 2008. Please note: As a benefit to members, IIABNY tracks all CE credits earned through IIABNY-sponsored seminars.
Producer Continuing Education Frequently Asked Questions (http://www.ins.state.ny.us/abfaqs.htm) Compliance With Continuing Education If an individual is currently licensed that means he or she is in compliance with the Continuing Education requirements of New York State. If a partnership, corporation or limited liability company is currently licensed that means that its current individual sub-licensees have met the Continuing Education requirements of this State. CE Requirements/Reciprocity with Other States click here. Monitor List New York State | Outside of New York State (http://www.ins.state.ny.us/mnitrlst.htm) |