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Ex. AGY-ST-INSURANCE-BANKING-005 Context (guidance or announcement) Primary source read

Insurance Circular Letter No. 9 (2020)

Coronavirus and Insurance Producer Licensing Requirements

Superintendent of Financial Services · New York; Department of Financial Services (Sector regulator)

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The COVID Project
Context, not an order

This record is guidance or an announcement kept for context. It is not counted among the orders in force.

The record

Jurisdiction
New York; Department of Financial Services · New York
Level
Sector regulator
Authority
N.Y. Ins. Law art. 21
Issued
2020-03-25 Mar. 25, 2020
Effective
2020-03-25
End
60 days (May 24, 2020), subject to extension (read as 2020-05-24)
In force
Mar. 25, 2020 to May 24, 2020
Quarters
2020 Q2
Limitation types
Other
Addressees
  • all producers licensed by DFS
Functions reached
  • HR licensing and continuing education of insurance producers (in-person courses suspended)
  • IN agencies
Character
context
Collection
State insurance and banking regulators AGY-ST-INSURANCE-BANKING

Operative words

As a temporary accommodation, DFS will suspend the expiration of licenses for all individual producers for the next 60 days and waive any late fees resulting from, and accruing during, this suspension period.

Enforcement

N.Y. Ins. Law art. 21 (licensing)

Notes

Recites that 'in-person continuing education courses may be temporarily suspended.'

Retrieval note

Cite it as context and cite the underlying order, statute or emergency rule it describes as the instrument. (Bulletins whose operative text imposes a mandatory duty on licensees under the regulator's own authority are excluded from this downgrade and listed separately for review.)).

A record of The COVID Project. The instrument's text is the source's; the summary fields are The COVID Project's reading of it. Not legal advice.