North Carolina Administrative Code › Title 11 - INSURANCE › Chapter 06 - AGENT SERVICES DIVISION › Subchapter A - AGENT SERVICES DIVISION › Section .0800 - CONTINUING EDUCATION › Section 06A .0802 - LICENSEE REQUIREMENTS

Current through Register Vol. 39, No. 2, July 15, 2024
(a) Each person
				  holding a life, accident and health or sickness, property, casualty, personal
				  lines, or adjuster license shall obtain 24 ICECs during each biennial
				  compliance period. Each person holding one or more life, accident and health or
				  sickness, property, casualty, personal lines, variable life and variable
				  annuity products, or adjuster license shall complete an ethics course or
				  courses within two years after January 1, 2008, and every biennial compliance
				  period thereafter as defined in this Section. The course or courses shall
				  comprise three ICECs.
(b) Each
				  person holding one or more property, personal lines, or adjuster license shall
				  complete a continuing education course or courses on flood insurance and the
				  National Flood Insurance Program, or any successor programs, within the first
				  biennial compliance period after January 1, 2008, and every other biennial
				  compliance period thereafter. The course or courses shall comprise three
				  ICECs.
(c) Each licensee shall,
				  before the end of that licensee's biennial compliance year, furnish evidence as
				  set forth in this Section that the continuing education requirements have been
				  satisfied.
(d) An instructor shall
				  receive the maximum ICECs awarded to a student for the course.
(e) Licensees shall not receive ICECs for the
				  same course more often than one time in any biennial compliance
				  period.
(f) Licensees shall receive
				  ICECs for a course only for the biennial compliance period in which the course
				  is completed. Any course requiring an examination shall not be considered
				  completed until the licensee passes the examination.
(g) Licensees shall maintain records of all
				  ICECs for five years after obtaining those ICECs, which records shall be
				  available for inspection by the Commissioner.
(h) Nonresident licensees who meet continuing
				  education requirements in their home states shall be deemed to meet the
				  continuing education requirements of this Section. Nonresident adjusters who
				  qualify for licensure by passing the North Carolina adjuster examination
				  pursuant to
				  G.S.
				  58-33-30(h)(2)a. shall meet
				  the same continuing education requirements as a resident adjuster, including
				  mandatory flood and ethics courses. Nonresident adjusters who qualify for
				  licensure by passing an adjuster examination in another state pursuant to
				  G.S.
				  58-33-30(h)(2)b. and are in
				  good standing in that state shall be credited with having met the same
				  continuing education requirements as resident adjusters, including mandatory
				  flood and ethics courses.
(i) Only
				  a licensed insurance producer who is unable to comply with continuing education
				  requirements due to military service or long-term medical disability may
				  request a waiver for continuing education requirements. A long-term medical
				  disability shall be certified on an annual basis by the producer's attending
				  physician. The Commissioner shall grant an exemption from Continuing Education
				  requirements for up to one year if the producer submits the following:
(1) deployment orders from the United States
				  Department of Defense; or
(2) a
				  notarized statement from a licensed physician stating the producer is unable to
				  do the work he or she is licensed to do.