Iowa Admin. Code r. 191-10.16
Current through Register Vol. 47, No. 10, November 13, 2024
Rule 191-10.16 - Appointment renewal(1) On or about December 1 of each year, the division or its designee will deliver reminders to insurance companies that appointment renewals are imminent. Appointments must be renewed electronically via the NIPR Gateway at www.NIPR.com.(2) On or about January 2 of each year, a list of the producers currently appointed with each insurance company and a billing statement will be provided to each insurance company via the NIPR Gateway. The billing statement must not be altered, amended or used for appointing or terminating producers.(3) Payment is due on or before March 1.(4) Failure to pay renewal appointment fees by March 15 will result in termination of a company's appointments. Appointments that are terminated due to nonpayment of renewal fees may be reappointed using the NIPR Gateway.(5) Insurance companies must file the name, address, and electronic address of a contact person for the company, to whom the appointment renewals will be sent. Insurance companies must notify the division if a change of the address of such contact occurs. If an insurance company fails to notify the division of such a change of address, the insurance company must pay a $100 fee.Iowa Admin. Code r. 191-10.16
ARC 7836B, lAB 6/3/09, effective 7/8/09Amended by IAB February 12, 2020/Volume XLII, Number 17, effective 3/18/2020Amended by IAB June 1, 2022/Volume XLIV, Number 24, effective 7/6/2022Amended by IAB October 5, 2022/Volume XLV, Number 7, effective 11/9/2022