Agency Licensing Reform Battle Is Far From Complete
The National Association of Insurance Commissioners this month officially certified that 35 jurisdictions have met the agency licensing reciprocity standards established under the federal Gramm-Leach-Bliley Act–six more than the minimum necessary.
Under GLB, unless that minimum of 29 had met standards providing for reciprocal treatment of non-resident producers by Nov. 12, a federal takeover of licensing procedures would have ensued through the creation of a National Association of Registered Agents and Brokers.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
