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House committee advances bill requiring insurance producers to maintain electronic mailing addresses for regulators
Summary
The House Industry, Business and Labor Committee gave a do-pass recommendation to Senate Bill 2,125, which would require insurance producers to maintain an electronic mailing address for regulatory use, permit electronic service of process, align license categories with model law, and make several updates to public-adjuster licensing.
The House Industry, Business and Labor Committee advanced Senate Bill 2,125 on a do-pass recommendation after a hearing that included testimony from the North Dakota Insurance Department.
The bill would require insurance producers to maintain an electronic mailing address for regulatory communications, allow the department to use electronic service of process for resident and nonresident producers, and adopt several technical and substantive updates to producer and public-adjuster licensing to align with the Producer Licensing Model Act (PLMA) and the National Insurance Producer Registry (NIPR).
Janelle Mittelstead, producer licensing division director at the North Dakota Insurance Department, told the committee the agency brought the proposal to align state licensing language with the PLMA and to streamline the department’s paperless…
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