• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Contact Us

Agency Checklists

Massachusetts Insurance News & Job Opportunities

You are here: Home / Insurance Law | Massachusetts / MA Insurance Law | Updates & Analysis / New Law Gives Some Mass. Producers Less Than Four Months To Complete Their New CE Requirements

New Law Gives Some Mass. Producers Less Than Four Months To Complete Their New CE Requirements

September 23, 2014 by AC Editor

The Division of Insurance issued on September 23, 2014, Bulletin 2014-06, regarding the new continuing education law and the time allowed for compliance for certain insurance producers whose licenses expire between September 17, 2014 and December 31, 2014.

All insurance producers whose licenses expire in the next month the two may have to schedule in three hours of ethics instruction to comply with the new law. Insurance producers who are in their first license renewal may have to hustle to get additional continuing education credits to comply with statutory amendments that changed continuing education requirements.[pullquote]Failure to comply with the continuing education requirements by January 5, 2014 may result in the suspension of the producer’s license and /or the producer being subject to monetary penalties[/pullquote]

The Division of Insurance has decided that licensed producers who have licenses scheduled for renewal between September 17, 2014 and December 31, 2014 shall have until January 5, 2015 to comply with the new continuing education requirements mandated as the result of amendments to G.L. c. 175, §177E.

On June 17, 2014, the governor signed a bill amending the continuing education requirements for insurance producers licensed in Massachusetts. The statutory amendments that became effective on September 17, 2014, made administrative changes that immediately affected some insurance producers’ licensing renewals and continuing education requirements. (See “New Law Allows Mass. Commissioner To Fine For Failure To Finish Continuing Education Requirements”)

The statutory change in the new law:

  1. Made a producer’s license renewal date the date by which all continuing education requirements had to be completed.
  2. Made a component of the continuing education requirement, three hours of ethics, by way of a program of instruction or a seminar. The new ethics requirement does not increase the overall number of continuing education credit hours an insurance producer must complete. The law only required that ethics training make up at least 3 hours of the total continuing education credits.
  3. Made the attainment of sixty (60) hours of continuing education credits mandatory for all newly licensed insurance producers prior to their initial license renewal date.

According to the Division, any insurance producer who fails to complete the required number of continuing education credits by their license renewal date may be subject to:

  • License non-renewal or suspension pending completion of the continuing education requirement; and /or
  • Monetary penalties for noncompliance with the continuing education requirements.

The Division also states in its bulletin that, “Failure to comply with the continuing education requirements by January 5, 2014 may result in the suspension of the producer’s license and /or the producer being subject to monetary penalties.”

View the official Massachusetts Division of Insurance’s Bulletin 2014-06 here

Primary Sidebar

New Episode

MA Insurance Lawyers

SPONSORED

MA DOI Advertisements

Career News

AAU Announces Hire of Roderiques in Boston, MA

AAU Announces Hire of Roderiques in Boston, MA

MIB Elects New Chair, Vice Chair, and Directors to its Board

Plymouth Rock Home Assurance Corporation Names Colleen Finn as Chief Marketing Officer 

Plymouth Rock Home Assurance Corporation Names Colleen Finn as Chief Marketing Officer 

McDonnell Named President of Vermont Mutual Insurance Group

Mark J. McDonnell Elected Chair of the Board of Directors of Vermont Mutual

View More Career News

In Memoriam

In Memoriam: Rita Julia Messier, 1936-2025

In Memoriam: Rita Julia Messier, 1936-2025

In Memoriam: John J. Doyle Jr., 1942-2025

In Memoriam: Joseph Lombard, 98, Founder of Corinthian Insurance In Medway

Company News

RMV, AAA Northeast Promote Safe Driving for Teens Ahead of Summer

Arbella Insurance Foundation Launches Annual “Let’s Drive Out Hunger” Program to Raise Funds for Hunger Relief Programs Across New England

Arbella Insurance Foundation Launches Annual “Let’s Drive Out Hunger” Program to Raise Funds for Hunger Relief Programs Across New England

Progressive Drives Small Business Forward with $1 Million in Commercial Vehicle Grants

Agency Checklists, MA Insurance News, Mass. Insurance News, MA Life Insurance Companies, Boston Mutual

Boston Mutual Life Insurance Company’s Making An Impact Program Celebrates Seven Years of Giving Back

Footer

Agency Checklists

Contact us

We offer a variety of ways to get help promote your company or product.

Announcements
Email Sponsorships
Partnerships
Custom Collaborations

*Affiliate Disclosure

Please note that any of Agency Checklists’ articles might contain one or more affiliate links. This means that any subsequent purchase resulting from these links may result in a commission for us, but at no additional cost to you. For example, as an Amazon Associate, Agency Checklists earns a commission from all qualifying purchases. By working with affiliates we can continue to keep Agency Checklists subscription free. Thank you for your support.

Explore Our Archives

Copyright © 2025 · Agency Checklists · All rights reserved.