Source: http://dccode.elaws.us/code?no=31-11A&e=8
Timestamp: 2019-12-13 16:27:10
Document Index: 726857101

Matched Legal Cases: ['§ 31', '§ 31', '§ 31', '§ 5', '§ 2', '§ 2166', '§ 2166', '§ 31', '§ 5', '§ 2166', '§ 2166', '§ 31', '§ 7', '§ 2', '§ 2166', '§ 2166', '§ 31', '§ 8', '§ 2', '§ 31', '§ 31', '§ 31', '§ 31', '§ 31', '§ 31']

§ 31-1131.01. Short Title.
This chapter may be cited as "the Producer Licensing Act of 2002."
§ 31-1131.03. License required.
§ 31-1131.05a. Pre-licensing education.
(b) An insurer that sells, solicits, or negotiates a limited line of insurance in the District shall provide to each individual whose duties will include selling, soliciting, or negotiating the insurer's limited line of insurance in the District a program of instruction that is approved by the Commissioner. The insurer shall provide the program of instruction to the individual prior to the individual's application for licensure as a limited lines insurance producer.
(Mar. 27, 2003, D.C. Law 14-264, § 5a, as added May 13, 2008, D.C. Law 17-155, § 2(d), 55 DCR 3683; Sept. 24, 2010, D.C. Law 18-223, § 2166(b), 57 DCR 6242.)
D.C. Law 18-223, in subsec. (a), substituted "individual, other than an applicant for a title insurance producer license, complete" for "individual complete".
For temporary (90 day) amendment of section, see § 2166(b) of Fiscal Year 2011 Budget Support Emergency Act of 2010 (D.C. Act 18-463, July 2, 2010, 57 DCR 6542).
§ 31-1131.05b. Pre-licensing education for title insurers.
(a) The Commissioner shall require, by rule, that an individual, not exempt under subsections (b), (c), or (d) of this section, complete a pre-licensing course of study before:
(e) The District of Columbia Land Title Association, or other organization designated by the Commissioner by rule, shall provide to each individual whose duties will include selling, soliciting, or negotiating a title insurer's limited line of title insurance in the District a program of instruction that is approved by the Commissioner. The insurer shall provide the program of instruction to the individual prior to the individual's application for licensure as a limited lines insurance producer.
(Mar. 27, 2003, D.C. Law 4-264, § 5b, as added Sept. 24, 2010, D.C. Law 18-223, § 2166(3), 57 DCR 6242.)
For temporary (90 day) addition of section, see § 2166(3) of Fiscal Year 2011 Budget Support Emergency Act of 2010 (D.C. Act 18-463, July 2, 2010, 57 DCR 6542).
§ 31-1131.07b. Continuing education.
(a) A title insurance producer shall fulfill the following continuing education requirements:
(1) Eight hours per year, of which not more than 4 hours may be completed by computer or video-based education; or
(2) If the title insurance producer is an attorney, 4 hours per year in courses related to real estate and continuing education courses approved by the Commissioner by rule.
(b) The Commissioner may establish continuing education requirements for resident insurance producers.
(Mar. 27, 2003, D.C. Law 14-264, § 7b, as added May 13, 2008, D.C. Law 17-155, § 2(h), 55 DCR 3683; Sept. 24, 2010, D.C. Law 18-223, § 2166(d), 57 DCR 6242.)
"The Commissioner may establish continuing education requirements for resident insurance producers."
For temporary (90 day) amendment of section, see § 2166(d) of Fiscal Year 2011 Budget Support Emergency Act of 2010 (D.C. Act 18-463, July 2, 2010, 57 DCR 6542).
§ 31-1131.08a. Changes of name, residency, or address.
(a) A licensee shall inform the Commissioner of a change of the licensee's residential or business address within 30 days of the change of address. A nonresident insurance producer who moves from one state to another state or a resident insurance producer who moves from the District to another state shall file a change of address and provide certification from the new resident state within 30 days after the change of residence. No fee or license application shall be required.
(b) A licensee shall inform the Commissioner of a change of the licensee's legal or corporate name within 30 days after the change of name.
(Mar. 27, 2003, D.C. Law 14-264, § 8a, as added May 13, 2008, D.C. Law 17-155, § 2(j), 55 DCR 3683.)
§ 31-1131.09. Exemption from examination and prelicensing education.
(a) An individual who applies for a resident insurance producer license in the District shall not be required to complete any prelicensing education (if prelicensing education is required by the Commissioner pursuant to § 31- 1131.05a) or examination if:
(2)(A) The application is received within 90 days of the cancellation of the applicant's previous license for the same lines of authority in another state; and
(ii) The state's producer database records, maintained by the NAIC, its affiliates, or subsidiaries, indicate that the producer is or was licensed in good standing for the line of authority requested.
"(a) An individual who applies for an insurance producer license in the District shall not be required to complete any prelicensing education or examination if:
"(1) The person is currently licensed for the same line of authority in another state; or
"(2)(A) The application is received within 90 days of the cancellation of the applicant's previous license for the same lines of authority in another state; and
"(B)(i) The prior state issues a certification that, at the time of cancellation, the person was in good standing in that state; or
"(ii) The state's producer database records, maintained by the NAIC, its affiliates, or subsidiaries, indicate that the producer is or was licensed in good standing for the line of authority requested.
"(b) A person licensed as an insurance producer in another state who moves to the District shall make application within 90 days of establishing legal residence to become a resident licensee under 31-1131.06. No prelicensing education or examination shall be required of that person to obtain any line of authority previously held in the prior state unless the Commissioner determines otherwise by regulation.
"(c) An applicant may apply to the Commissioner to take the examination for a license without any required prelicensing education if the applicant submits proof in a form acceptable to the Commissioner that the individual has attained equivalent knowledge through employment experience. If the Commissioner determines that the employment experience involved the performance of responsible insurance duties in connection with the kind of insurance for which the applicant has applied for a license, the Commissioner may waive such requirement. The applicant shall register for and attain a passing grade on the examination within one year of completion of the required employment experience.
"(d) The Commissioner may waive the written examination if the applicant for a license as a property and casualty agent and broker furnishes proof to the satisfaction of the Commissioner that the applicant has successfully completed:
"(1) All of the examinations prescribed by the Society of Chartered Property and Casualty Underwriters, Incorporated, and has satisfied all other requirements leading to the degree of a Chartered Property and Casualty Underwriter; or
"(2) Other private examinations for special competency in property and casualty insurance which the Commissioner determines, by rule, have equivalent requirements and standards.
"(e) The Commissioner may waive the written examination if the applicant for a license as a life insurance agent or broker furnishes proof to the satisfaction of the Commissioner that the applicant has successfully completed:
"(1) All of the examinations prescribed by the Society of Chartered Life Underwriters of the American College of Life Underwriters, and has satisfied all other requirements leading to the degree of Chartered life Underwriter; or
"(2) Other private examinations for special competency in life insurance which the Commissioner determines, by rule, to have equivalent requirements and standards."
§ 31-1131.10. Assumed names.
An insurance producer doing business under any name other than the producer's legal name shall notify the Commissioner prior to using the assumed name.
§ 31-1131.17. Reporting of actions.
§ 31-1131.18. Regulations.
D.C. Law 17-155 substituted "necessary or appropriate" for "necessary".
§ 31-1131.19. Transition.