COVID-19 Information for Insurance Producers
- Licenses with Expiration Dates between 3/31/20 & 12/31/20
All insurance producers, insurance agencies, cash-bonding agents, and professional cash-bail agents who were granted, benefitted from, or affected by temporary continuation of license renewal deadlines, associated procedures, including continuing education requirements and licensing fees, must come into compliance with all applicable Colorado insurance laws, including, but not limited to, C.R.S. § 10-2-101, et seq., C.R.S. § 10-23-102, et seq., and Division Regulations 1-2-10, 1-2-4, 7-1-1, 7-1-2, by December 31, 2020.
Failure to come into compliance with renewal deadlines, associated procedures, continuing education requirements, and licensing fees by the deadline will result in license expiration and, when applicable, administrative action, including license suspensions, revocations, or any other sanction under Colorado insurance laws.
The Grace Period, as provided in C.R.S. § 10-23-102(3)(b) and Division Regulation 7-1-1, remains applicable to any cash-bonding agents and professional cash-bail agents whose registration expires between the date of this Notice (10/14/20) and December 31, 2020.
Effective December 31, 2020, the proctoring requirements contained in Colorado Insurance Regulation 1-2-4, Section (5)(c)(1)(d) are no longer waived and must be satisfied.
- Licensing Testing Centers Now Open
As of May 1, 2020, Pearson VUE, the Division's licensing vendor, is opening its Pearson VUE-owned testing centers. To maintain appropriate social distancing measures, these sites will be operating at 50% capacity. The Colorado third-party testing center network has expanded and is open for testing. To view the most current test center availability and schedule an examination, visit home.pearsonvue.com/co/insurance and sign into your account (or create an account).
Please email Pearson VUE's Colorado office at firstname.lastname@example.org for more information.
Public Adjuster License Applicants
Pursuant to §10-2-417(2), C.R.S. and Colorado Insurance Regulation 1-2-19, you must provide a $20,000 signed Surety Bond from an insurance company and a Power of Attorney in the format defined in the regulation above. Your signed Surety Bond and Power of Attorney should be attached electronically in Sircon after submission of your application. Mailing or failing to attach the Surety Bond and the Power of Attorney may delay the processing of your application.
The Producer Advisory Council was established to represent a licensed producer prospective on producer, client issues and problems involving the insurance industry. The mission of the council is to discuss and share information on insurance issues.