Texas Administrative Code › Title 28 - INSURANCE › Part 1 - TEXAS DEPARTMENT OF INSURANCE › Chapter 19 - LICENSING AND REGULATION OF INSURANCE PROFESSIONALS › Subchapter K - CONTINUING EDUCATION, ADJUSTER PRELICENSING EDUCATION PROGRAMS, AND CERTIFICATION COURSES › Section 19.1004 - Licensee Exemption from and Extension of Time for Continuing Education

Current through Reg. 49, No. 28; July 12, 2024
(a) Any exemption
				  or extension granted to a licensee under subsections (b) - (f) of this section
				  applies to all license types held by the licensee. Nothing within this
				  subchapter may be construed as preventing TDI from auditing a licensee to
				  confirm the continued existence of circumstances supporting the exemption or
				  extension.
(b) An agent who held a
				  Texas resident license issued under Insurance Code Article 21.07-1, as Group I,
				  legal reserve life insurance agent or general lines life, accident, and health
				  insurance agent; Article 21.07-3, as managing general agent; or Article 21.14,
				  as local recording agent, solicitor, general lines property and casualty agent,
				  or insurance service representative, for at least 20 years or more as of
				  December 31, 2002, is exempt from completing the required number of continuing
				  education hours in §
										19.1003 of this title (relating to
				  Licensee Hour and Completion Requirements). Agents must confirm that they
				  qualify for this exemption by submitting a written request to TDI indicating
				  that they have met the longevity requirement. TDI or TDI's designee will
				  provide written notice that an agent qualifies for this exemption. Agents that
				  qualified for the longevity exemption authorized under the Insurance Code prior
				  to September 1, 2001, remain qualified and do not have to reapply for this
				  exemption.
(c) A licensee who on or
				  after January 1, 2003, has been continuously licensed by TDI for at least 20
				  years is exempt from completing the required number of continuing education
				  hours in §
										19.1003 of this title. For
				  purposes of this subsection "continuously licensed" means that the licensee has
				  held a TDI issued license for the entire period of time without any lapse in
				  excess of 90 days in which the licensee was not licensed or failed to renew a
				  license. The exemption will apply beginning with the reporting period in which
				  the licensee reaches the 20th year of licensure. TDI or TDI's designee will
				  provide written notice to the licensee that a licensee qualifies for this
				  exemption. Licensees may not claim the exemption prior to receiving written
				  notice that they qualify for the exemption. Licensees may submit a written
				  request to TDI to evaluate their longevity status.
(d) Nonresident licensees, are subject to the
				  following requirements:
(1) A nonresident
				  licensee, including an adjuster with a designated home state adjuster license
				  issued by a state other than Texas, who is in compliance with the licensee's
				  resident state's or adjuster's designated home state's continuing education
				  requirements are not required to complete the continuing education requirement
				  under this subchapter. A licensee may qualify for this exemption based on the
				  following:
(A) the licensee's state of
				  residence, or adjuster's designated home state, claimed in the licensee's
				  original application;
(B) by
				  sending written notification to TDI or its designee stating that the licensee
				  is a resident of another state, or the adjuster has a designated home state
				  other than Texas, with a certificate of good standing; or
(C) by sending any other document acceptable
				  to TDI, showing that the licensee has a resident license or an adjuster's
				  designated home state adjuster license in good standing in that
				  state.