New York Codes, Rules and Regulations › Title 11 - INSURANCE › Chapter II - Agents, Brokers And Adjusters › Part 20 - Brokers, agents and certain other licensees - general › Section 20.7 - Continuing education requirements

Current through Register Vol. 46, No. 28, July 10, 2024
(a) For purposes of this section:
(1) Diversity, inclusion, and elimination of
				bias instruction means courses or programs of instruction and seminars related
				to being a licensee that include implicit and explicit bias; equal access to
				justice; serving a diverse population; diversity and inclusion initiatives in
				the insurance industry; and sensitivity to cultural and other differences when
				interacting with clients, potential clients, or other members of the
				public.
(2) Enhanced flood
				insurance instruction means courses or programs of instruction and seminars
				related to being a licensee and the sale of flood insurance through the NFIP
				that include instruction on NFIP coverage, limits, and rates, including
				coverage for dwellings in urban environments; annual updates to the NFIP;
				measures to improve flood insurance affordability; the impact of climate change
				on flood risk and the NFIP; and the NFIP claims process, including the role of
				adjusters. Enhanced flood insurance instruction shall not include the minimum
				training requirements of section 207 of the Flood Insurance Reform Act of 2004
				or basic flood education as outlined or published by the Federal Emergency
				Management Agency.
(3) Ethics and
				professionalism instruction means courses or programs of instruction and
				seminars related to a licensee that includes a licensee's professional
				obligations to clients and potential clients; the sources of a licensee's
				professional obligations, such as the Insurance Law and regulations promulgated
				thereunder and court decisions; recognition and resolution of ethical dilemmas;
				the mechanisms for enforcing professional norms; substance abuse control; and
				professional values, such as professional development, improving the
				profession, and the promotion of fairness, justice, and morality.
(4) Flood insurance instruction means courses
				or programs of instruction and seminars related to a licensee and the sale of
				flood insurance through the NFIP, including the minimum training requirements
				of section 207 of the Flood Insurance Reform Act of 2004 and basic flood
				education as outlined or published by the Federal Emergency Management
				Agency.
(5) Insurance Law
				instruction means courses or programs of instruction and seminars related to a
				licensee that include an overview of the provisions of the Insurance Law and
				regulations promulgated thereunder that are relevant to a licensee, such as
				Insurance Law sections 2102, 2114, 2115, 2116, 2117, 2119, 2120, 2122, 2324,
				4224, and 6409, Insurance Law Article 26, this Part, and Parts 25, 30, 34, 35,
				and 224 of this Title.
(6) Licensee
				means a person who or that is licensed under Insurance Law article 21 and
				subject to the continuing education requirements set forth in Insurance Law
				article 21.
(7) NFIP means the
				National Flood Insurance Program.