Alabama
Alabama Issues 2024 Company Appointment Renewals
The invoice renewal period for Producer, Service Representative, Title Insurance Agent and Portable Electronics Insurance is from January 5, 2024 - Feburary 28, 2024.
**Renewal Fees**
Producer - $25 / appointment
Service Representative - $40 / appointment
Title Insurance Agent - $10 / appointment
Portable Electronics Insurance - $25 / appointment
**There are 3 Late Renewal Fee Periods **
Applicable for Producer, Service Representative, Title Insurance Agent and Portable Electronics Insurance.
March 1, 2024 - March 31, 2024 - Late Fee of $250 + Invoice Fee
April 1, 2024 - April 30, 2024 - Late Fee of $500 + Invoice Fee
May 1, 2024 - May 31, 2024 - Late Fee of $750 + Invoice Fee
The termination deadline is December 31, 2023.
AgentSync Actions
Our compliance experts are constantly searching for and analyzing industry updates.
Their findings are then recorded in the Regulatory Updates section of the Compliance
Library to explain how the update impacts the insurance industry. If a change
impacts an
AgentSync product, this will be highlighted to inform you that the product is being
updated to ensure you remain in compliance.
analyzed
pending
effective
This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.
categories
Appointments & Terminations
analyzed
Our compliance experts have identified the update and analyzed it for impact on both the industry and AgentSync products.
pending
The time between the update's publication date and effective date.
effective
The date the update takes effect.
released
This means an AgentSync product was updated as a result of this change and the update is now live in our product(s).