D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 26. INSURANCE, SECURITIES, AND BANKING |
SubTilte 26-A. INSURANCE |
Chapter 26-A1. LICENSURE AS INSURANCE PRODUCER |
Section 26-A105. PRODUCER LICENSING FEES
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105.1The following fees shall apply to producer initial applications, renewal applications, and reinstatement applications:
(a)One hundred dollars ($ 100) for qualifications in one or more of the following lines of insurance (the "life and health group") as described in section 8(a) of the Producer Licensing Act of 2002, effective March 27, 2003 (D.C. Law 14-264; D.C. Official Code § 31-1131.08(a) (2001)):
(1)Life;
(2)Accident and health or sickness; and
(3)Variable life and variable annuity products;
(b)One hundred dollars ($ 100) for qualifications in one or more of the following lines of insurance (the "property and casualty group") as described in section 8(a) of the Producer Licensing Act of 2002, effective March 27, 2003 (D.C. Law 14-264; D.C. Official Code § 31-1131.08(a) (2001)):
(1)Property;
(2)Casualty;
(3)Personal lines; and
(4)Bail bonds;
(c)One hundred dollars ($ 100) for qualifications in one or more of the following limited lines of insurance:
(1)Credit;
(2)Car rental;
(3)Crop;
(4)Surety;
(5)Travel;
(6)A line of insurance the Commissioner recognizes as a limited line of insurance for the purposes of complying with section 8(e) of the Producer Licensing Act of 2002, effective March 27, 2003 (D.C. Law 14-264; D.C. Official Code § 31-1131.08(e) (2001)).
(d)Two hundred dollars ($ 200) for qualification as a surplus lines producer;
(e)The renewal fee is the same as the initial license fee and, if applicable, a late fee is double the initial fee;
(f)The reinstatement fee of each license is double the initial fee; and
(g)A processing fee of one hundred dollars ($ 100) shall be applied to each application filed in paper form.