US Laws, Codes, Statutes & Cases

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 10
                              PRODUCER LICENSING
    41-1013.  CONTINUATION -- EXPIRATION OF LICENSES -- CONTINUING EDUCATION
STATEMENT. (1) All producer, adjuster, and surplus line broker licenses issued
under this code shall continue in force until expired, suspended, revoked or
otherwise terminated, subject to payment of the applicable continuation fee on
or before the expiration date referred to in subsection (2) of this section,
accompanied by a written request for such continuation and a continuing
education statement verifying that the licensee has completed any continuing
education requirements imposed by the director. An application for renewal is
not complete unless it is submitted with both the applicable fee and the
completed continuing education statement. Requests for continuation shall be
made in writing on forms to be prescribed by the director.
    (2)  The director may fix the dates of expiration for licenses in such
manner as is deemed by him to be advisable for an efficient distribution of
the workload of his office. If the expiration date for a particular license or
appointment would shorten the period for which the license or appointment
continuation fee has been paid, no refund of an unearned fee shall be made. If
the expiration date for a particular license or appointment would lengthen the
period for which a license or appointment continuation fee has been paid, the
director shall charge no additional fee for such lengthened period.
    (3)  Any license referred to in subsection (1) of this section for which
no request for continuation, fee and completed continuing education statement
are timely received by the director shall be deemed to have expired at
midnight on the applicable expiration date.
    (4)  All sums tendered as fees for continuations of licenses as producer,
limited lines producer, adjuster or surplus line broker shall be deemed earned
when paid and shall not be subject to refund, except that the director shall
refund any duplicate payment of fees.
    (5)  For the protection of the people of this state the director shall
establish, by rule, additional educational requirements designed to maintain
and improve the insurance skills and knowledge of resident producers after
licensure by the department of insurance. The director shall also establish,
by rule, an advisory committee comprised of representatives from each segment
of the insurance industry to assist the director in prescribing additional
educational requirements. Such rules promulgated by the director shall include
limits on the terms of service for members of the committee.
    (6)  Subject to subsection (3) of this section, the director shall not
permit to be continued the license of any producer who is licensed pursuant to
section 41-1007, Idaho Code, who is a resident of this state, unless such
person has demonstrated to the satisfaction of the director that in addition
to meeting the standards contained in sections 41-1007, (qualifications for
producer license), Idaho Code, as may be applicable, all the additional
educational requirements as the director may prescribe by rule have been met.
    (7)  Failure of the licensee to comply with any applicable additional
education requirements prescribed by the director by rule by the expiration
date of the license shall be grounds for the director to refuse to continue
any such license. The licensee may reinstate his or her license by submitting
proof of all education requirements within ninety (90) days from the date of
expiration of the license and by submitting an additional administrative
penalty of one hundred dollars ($100) for a delinquency of one (1) day to
thirty (30) days, two hundred dollars ($200) for a delinquency of thirty-one
(31) days to sixty (60) days, and three hundred dollars ($300) for a
delinquency of sixty-one (61) days to ninety (90) days. Following the
ninetieth day from the date of nonrenewal of the license and up to one (1)
year from the nonrenewal date, the licensee must complete all requirements for
licensure including retesting, submission of a new application and payment of
all new licensing fees. In addition, the individual must submit proof of
completion of the required education requirements for the licensing period in
which the license was terminated. After the license has been expired for one
(1) year or more, the individual must reapply and retest as a new applicant.