INSURANCE DEPARTMENT Notice of Agent Education and Training Requirement Changes; Notice 2006-06 [36 Pa.B. 3172]
[Saturday, June 24, 2006]The Insurance Department (Department) wants to remind insurance companies and agents of a law which impacts the training and education requirements of insurance agents who sell flood insurance policies. Section 207 of the Flood Insurance Reform Act of 2004 (Pub. L. No. 264, 264, 118 Stat. 712) requires the Director of the Federal Emergency Management Agency (FEMA) to cooperate with the insurance industry, state insurance departments and other interested parties to establish minimum training and education requirements for all insurance agents who sell flood insurance policies.
Although FEMA has not yet published these requirements, the Department wants to inform insurance companies and agents of the new law and encourage all agents to pursue continuing education credits through the National Flood Insurance Program's flood insurance program workshops. As an incentive, the Department processes the continuing education credits for those insurance producers who successfully complete the insurance workshops.
Questions regarding this notice should be directed to Jack Yanosky at (717) 787-3840 or ra-in-producer@state. pa.us.
M. DIANE KOKEN,
Insurance Commissioner[Pa.B. Doc. No. 06-1175. Filed for public inspection June 23, 2006, 9:00 a.m.]
