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Committee advances producer-licensing cleanup bill to allow electronic service, adjust public-adjuster requirements
Summary
Senate Bill 2125, an agency bill from the North Dakota Insurance Department, would align producer licensing language with model provisions, allow electronic service of process and notices, adjust public-adjuster renewal timelines, and replace a proof-of-insurance requirement with a surety-bond requirement. The committee gave the bill a due-pass
The Senate Industry and Business Committee voted to give a due-pass recommendation to Senate Bill 2125, an agency bill from the North Dakota Insurance Department that updates producer licensing language, authorizes electronic service of process, adjusts public-adjuster licensing rules, and aligns state code with national producer licensing model standards.
Janelle Middlestead, producer licensing division director, said the bill is a ‘‘cleanup’’ and modernization measure that aligns North Dakota’s code with the National Association of Insurance Commissioners (NAIC) Producer Licensing Model Act (referred to in testimony as the…
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