At the August 17th Insurance Agent Education Advisory Committee meeting it was reported by the Ohio Department of Insurance (ODI) that many agent licensure renewals are delinquent. Below are the contents of the notice that ODI will be sending to agents to remind them of the licensure renewal requirements:
NOTICE
YOU ARE REQUIRED TO RENEW YOUR OHIO INSURANCE LICENSE
BY THE LAST DAY OF YOUR BIRTH MONTH
Your Ohio insurance license is scheduled to
expire on the last day of your birth month.
All agents with a continuing education requirement must have their hours completed and posted to their agent licensing record before a renewal application can be submitted.
Agents who fail to renew their license(s) by their assigned expiration date will have a one month grace period to submit their renewal application; however, a $100 late fee will be assessed. Agents who fail to renew by the last day of the grace period will have their license(s) suspended and all of their appointments will be terminated. Agents who fail to reinstate their license(s) within one year of the expiration will be required to go through the agent licensing process as a new agent.
All renewal applications are required to be submitted electronically through the National Insurance Producer Registry (NIPR).
To renew your license electronically or obtain additional information about Ohio's new license renewal system, please visit the Department's website at www.insurance.ohio.gov or call their Licensing Division at 614-644-2665.
