NY | The New York Department of Financial Services today issued Supplement No. 3 to its Insurance Circular Letter No. 9 (2020). The original letter:
- suspended the expiration of licenses for all individual producers
- waived any late fees
- suspended monitoring requirements for prelicensing and continuing education courses
These provisions were in effect for 60 days. Subsequently supplements extended these provisions.
Supplement No. 3 extends the expiration of licenses through September 6, 2020. Suspension of education monitoring will continue through November 5, 2020.
Click here to read the supplement in full.
NOTE: ELANY Bulletin 2020-40 also discusses this Supplement. Click here to review that bulletin.