North Carolina Insurance CE Requirements

New Insurance Continuing Education Hours

Beginning 1/1/2008

All Agents are required to complete 24 Insurance Continuing Education credit hours, 3 of which must be in Ethics required every two years.  In 2008 and 2009, existing licensees’Insurance Continuing Education hours will be prorated based upon the birth month and birth year (odd/even) of the licensee.  After the first compliance period a licensee must meet his/her 24 Insurance Continuing Education credit hours requirement each biennial period based on his/her birth month and birth year.  Please refer to your License for your specific renewal:

For the charts of prorated hours needed during the staggered period beginning 1/1/2008:

Existing Licensees = http://www.ncdoi.com/ASD/LegislativeChangesResources/ExistingLicenseeCEChart.pdf

New Licensees = http://www.ncdoi.com/ASD/LegislativeChangesResources/NewLicenseeCEChart.pdf

Course Subject Requirements

• 3 hours of total Insurance Continuing Education CE credits hours must be completed in Ethics
• Each person holding a property and liability, personal lines, or adjuster license shall complete a continuing education course on flood insurance and the National Flood Insurance Program within two years after January 1, 2008, and every four years thereafter.
• Adjusters and Agents who hold one or more of the following licenses: Property, Casualty, Personal Lines, Life, Accident/Health and Variable Life/Variable Annuity Products may complete their 24 Insurance Continuing Education credit hours requirement by taking courses in any line of authority.

Renewal or Compliance Date for Licensees

• No license renewals in this state. License is perpetual as long as agent does not go more than 1 year without a valid appointment and meets CE requirement.
•  Compliance date is new and biennial

Types of Courses Accepted

• Independent self study courses or classroom.

Monitor Requirements

• Online exams DO NOT require a monitor.  Correspondence courses are required to be monitored by a disinterested third party.

Carryover Hours & Course Repetition

• Single/Dual License: excess hours may be carried over to the next reporting period
• A course may NOT be taken for credit more than once within a 2 year license term.

Exemptions:

• Newly licensed individuals are exempt for the calendar year in which the license is issued.
• Individuals who are at least 65 years of age, have been licensed continuously for at least 25 years, and either a) hold a CLU, CPCU, ChFC, FLMI or IIA designation, or b) certify that they are inactive insurance agency owners who neither solicit applications for insurance nor take part in the day-to-day operation of the agency.

Method to Certify Completion:

• For Most States you will be able to print your certificate of completion online once you have completed your exam.
• We usually report to the State Department of Insurance or regulatory board by the next business day.
• It may, however, take your State DOI or regulatory board up to 30 days to report your completion results on their systems.
• As an added service, we can Rapidly Report all of your completed courses the same business day (per credit order) for only $25

Nonresidents:

            Exempt if licensee meets home state Insurance Continuing Education requirement. Licensee must submit filing fee to the insurance department by March 1.

            Nonresident adjusters can complete 12 hours of property/ casualty courses approved by their home state.

Department of Insurance Contact Information:      

            North Carolina Department of Insurance
            Agent Services Division
            1204 Mail Service Center
            Raleigh, NC 27699-1204

            Phone: (919) 807-6800
            Fax: (919) 715-3794

            State Website: http://www.ncdoi.com/.

For a listing of the State Departments of Insurance websites provided by the NAIC (National Association of Insurance Commissioners),

Please go to: http://www.naic.org/state_web_map.htm

            The Success Family of CE Companies provides this information as a courtesy to individuals who are subject to insurance continuing education requirements. Due to regulatory requirements we suggest that you contact your state department of insurance to insure that no regulatory changes have been enacted.  Although ongoing efforts have been made to qualify that the information provided here is accurate and current, neither The Success Family of CE Companies nor its employees warrant or represent that this information is accurate and current. All information is subject to change without notice.