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Licensing Rules Insurance Industry State and Local Government

Foley & Lardner LLP

Virginia Bureau of Insurance Issues Updated Guidance Regarding Minimum Capital and Surplus, Seasoning, and Procedures for...

Foley & Lardner LLP on

On August 6, the Virginia Bureau of Insurance (BOI) issued Administrative Letter 2025-03 (the Letter) to all companies seeking to be licensed as insurers in Virginia. The Letter addresses requirements for domestic, foreign,...more

Mitchell, Williams, Selig, Gates & Woodyard,...

LEGAL ALERT: Big Licensing Changes for Texas Insurance Professionals

On September 1, 2021, Texas HB 4030 went into effect, bringing with it several significant changes for Texas licensed (resident and non-resident) insurance professionals. As summarized below, HB 4030 implements several...more

Troutman Pepper Locke

TDI to Require Online Applications for Insurance Licenses

Troutman Pepper Locke on

Texas Department of Insurance (TDI) has recently announced that it will now require online applications for most individual insurance related licenses....more

Carlton Fields

Virginia To License Domestic Insurers To Sell Surplus Lines Insurance

Carlton Fields on

Virginia has amended its insurance law to allow the licensing of domestic insurers (i.e., insurers incorporated or organized under Virginia law) as “domestic surplus lines insurers” eligible to sell surplus lines insurance...more

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