DBA/Fictitious names may need to be renewed and appropriate fees paid in order to maintain the name for use in that state. Annual returns: what and when to file Newspaper publication requirements
Department of Insurance (DOI) is the state office responsible for issuing insurance licenses and monitoring the activities of insurance agents and agencies doing business in the state. What causes consent orders 5 pro tips for surplus lines compliance
Dependent refers to someone added to an insurance policy who coverage can be extended to. This mainly includes spouse, domestic partner, dependent child(ren) and other relationships. What are the fiduciary risks of self-funded health plans?
Designated Responsible Licensed Producer (DRLP or DP) is the main person in charge of and responsible for the agency license. They maintain a license for the same lines of authority that the agency holds. The designated responsible licensed producer
Direct Billing is a process through which the insurance company sends bills directly to the policyholder and the policyholder makes payments directly to the insurance company. The insurance company pays to the producer commissions or other compensation for producer new business and servicing renewal business. The need for
Compensation (also known as wage, base salary, income) is a fixed amount of money paid by the employer regularly. A roadmap to growth for workers comp carrier
The online licensing database offers a read-only view of information about license, appointment, continuing education, bond, and tax filing statuses, provided free of charge by ILSA to the authorized representatives of our clients. NAIC and NIPR: what they do
Comprehensive Auto Coverage covers a wide range of events beyond collisions, such as theft, vandalism, fire, weather, etc. Use case: end-to-end policy servicing helps MGA focus on growth
The first step of the corporate qualification process is name approval. Proposed names for a business entity are submitted to various state agencies to ensure that the name is distinct from those already in use within the state. Insurance compliance: what causes consent orders? Insurance agency compliance requires
Consequential Bodily Injury is a suit where an employer is found liable for a secondary health problem caused by a previous injury. In the case the employee sues the employer, Employers Liability (EL) coverage is important to apply to legal issues arising from employee claims that fall beyond
