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

Agency Checklists

Massachusetts Insurance News & Job Opportunities

You are here: Home / New England Newswire / New Hampshire Insurance Department Updates Guidance for Licensee Disclosure Requirements

New Hampshire Insurance Department Updates Guidance for Licensee Disclosure Requirements

May 1, 2025 by AC Editor


The New Hampshire Insurance Department (NHID) has issued updated guidance to assist insurance producers and adjusters in meeting state-mandated disclosure requirements. The bulletin clarifies the options available to licensees for reporting formal public administrative actions and criminal prosecutions, as required by New Hampshire law.

“The purpose of regulation ought not to be to burden the honest but to deter the dishonest, and to do so in the least intrusive and most efficient manner possible,” said Insurance Commissioner DJ Bettencourt. “While these requirements are a matter of law, they are also a matter of personal accountability. By adhering to these straightforward reporting expectations, we maintain a professional insurance sector that operates with integrity, preserves consumer confidence, and avoids unnecessary regulatory entanglements.”

Under RSA 402-J:17, 402-D:18, and 402-B:7, all insurance producers and adjusters licensed in New Hampshire must report any formal administrative actions taken against them by another governmental agency within 30 days of final disposition. They must also report any criminal prosecutions in any jurisdiction within 30 days of the initial pretrial hearing. These disclosures are also required at the time of license application and renewal.

To streamline compliance, licensees may fulfill these reporting requirements by either uploading the relevant documentation to the National Insurance Producer Registry (NIPR) or by mailing the documents to the NHID Licensing Division. This flexibility helps reduce administrative burdens while ensuring that regulatory standards are maintained.

“Providing clear and practical guidance helps maintain a level playing field for all licensees while reinforcing the department’s commitment to protecting Granite State consumers,” said Deputy Insurance Commissioner Keith Nyhan. “This update supports both compliance and professionalism across the market.”

Failure to comply with these disclosure requirements may result in administrative penalties, including fines, suspension, or revocation of licensure.

The full bulletin, Docket #INS 25-034-AB, can be viewed at https://mm.nh.gov/files/uploads/nhid/documents/20250428-ins-25-034.pdf or viewed below:

NH BulletinDownload

Primary Sidebar

New Episode

MA Insurance Lawyers

SPONSORED

MA DOI Advertisements

Career News

McDonnell Named President of Vermont Mutual Insurance Group

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

Coverys Appoints Saadia Khilji as Global Chief Information Officer

Liberty Mutual Insurance Appoints Monica Caldas to Executive Vice President and Chief Information Officer

MIT Sloan CIO Symposium Announces Winner of the 2025 CIO Leadership Award

HUB Names Melissa Salois-Blood as New Controller and Jennifer Santiago as Group Benefits Account Manager

HUB Names Melissa Salois-Blood as New Controller and Jennifer Santiago as Group Benefits Account Manager

View More Career News

In Memoriam

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

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

In Memoriam: Michael Ray Christiansen, 1953-2025

Company News

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

New York Liberty and Liberty Mutual Insurance Announce Multiyear Partnership

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.

 

Loading Comments...