LA| The Louisiana Department of Insurance issues Advisory Letter 2019-05 to remind producer agencies of the registration requirement for all affiliated individuals.
Louisiana Insurance Code requires licensed insurance agencies to register every individual engaged in the solicitation and negotiation of insurance policies on behalf of that agency. The agency must be licensed and affiliated producers must be reported within 30 days. Licensed agencies must also report any changes to affiliations, such as cancellations or new agents, within 30 days.
Questions regarding affiliations can be submitted to the Louisiana Department of Insurance, Office of Licensing, at (225) 342-0860 or email@example.com.
Advisory Letter 2019-05 was mailed to interested parties on October 31, 2019, at the time of this posting, the online version had not yet been posted to the LADOI Website. Click here to see advisory Letters