Section 26-A106. CONTINUING EDUCATION

 

106.1Except if a producer is licensed only as a limited lines producer and except as otherwise provided in this section, a producer seeking to renew a license shall certify to the Commissioner that he or she has successfully completed at least twenty-four (24) credit hours of approved continuing education, including at least three (3) credit hours of ethics, within the license period.

 

106.2A producer seeking to renew a license in both the life and health and property and casualty groups of authority shall complete at least six (6) credit hours for each group.

 

106.3A producer seeking to renew a license in the property and casualty group shall complete at least four (3) credit hours in flood insurance during the licensee’s first license renewal period after the effective date of this provision that includes at least 120 days.

 

106.4A producer licensed only as a limited lines producer is not required to complete continuing education.

 

106.5An applicant for the renewal of a license as a producer shall prove the completion of the required continuing education credits by submitting, on a form prescribed by the Commissioner, the following:

 

(a)The name and address of the sponsor of the program;

 

(b)The course title, and place where the course was taught;

 

(c)The name of the instructor;

 

(d)The dates on which the applicant attended the program;

 

(e)The hours of credit claimed; and

 

(f)Verification of completion by signature or stamp of the sponsor.

 

106.6Courses necessary to obtain the following nationally recognized designations shall count as twenty-four (24) credit hours upon successful completion of the national examination for each part:

 

(a)Accredited Advisor in Insurance (AAI);

 

(b)Associate in Claims (AIC);

 

(c)Associate in Loss Control Management (ALCM);

 

(d)Associate in Risk Management (ARM);

 

(e)Associate in Underwriting (AU);

 

(f)Certified Employee Benefits Specialist (CEBS);

 

(g)Certified Insurance Counselor (CIC);

 

(h)Chartered Financial Consultant (ChFC);

 

(i)Chartered Life Underwriter (CLU);

 

(j)Chartered Property and Casualty Underwriter (CPCU)

 

(k)Fellow Life Management Institute (FLMI)

 

(l)General Insurance (INS);

 

(m)Life Underwriter Training Fellow, 26 weeks (LUTCF); and

 

(n)Other designations approved by the Commissioner.

 

106.7-106.9Repealed.

 

106.11Repealed.

 

106.12A license holder shall attend a course in order to receive credit. A licensee shall receive credit for the number of hours approved for a course only upon the successful completion of an approved course.

 

106.13Instructors shall earn one (1) hour of continuing education credit for each one (1) approved hour of instruction of an approved course.

 

106.14Licensees and instructors shall not earn credit for attending or instructing a subsequent offering of the same course during the same license period.

 

106.15Excess credit hours accumulated during a license period shall not be carried forward to the next license period.

 

106.16Repealed.

 

106.17Except as provided in subsection 106.18, course examinations are not required for continuing education credit, unless the sponsor requires an examination.

 

106.18A program of independent study shall qualify for continuing education credit only if there is a sponsor supervised examination. Each program of independent study shall be assigned credit hours, which shall be awarded upon the passing of the supervised examination. The program of independent study, and the number of credit hours, shall be approved by the Commissioner.

 

106.19A licensee shall not satisfy more than one half (1/2) of his or her continuing education requirement for a particular licensure period with a course or courses sponsored by an insurance company.

 

106.20Repealed

 

106.21An applicant for the renewal of a producer's license who fails to complete the continuing education requirements before the expiration date of the license may renew the license within thirty (30) days after expiration by submitting proof pursuant to either subsection 106.1 or subsection 106.2 and paying the required late fee.

 

106.22Repealed

 

106.23Upon submitting proof and paying the additional late fee, the applicant shall be deemed to have possessed a valid license during the period between the expiration of the license and the submission of the required documentation and payment of the late fee.

 

106.24Textbooks are not required for continuing education credit. If textbooks are not provided, students shall be provided with a syllabus containing the following:

 

(a)Course title;

 

(b)Times and dates of the course offering;

 

(c)Names and addresses or telephone numbers of the course coordinator;

 

(d)A detailed outline of the subject matter being covered; and

 

(e)Any other information the sponsor feels may benefit the students.

 

106.25Sponsors, course coordinators, and instructors shall ensure that textbooks and syllabi contain accurate and current information relating to the subject matter being taught.

 

106.26The requirements of this section may be waived by the Commissioner for good cause shown. "Good cause" includes a long-term illness or incapacity, active duty in the armed services of the Untied States outside of the Washington Metropolitan Area, or any other emergency deemed sufficient by the Commissioner. Requests for a waiver shall be made in writing and shall be submitted to the Commissioner not later than ninety (90) days prior to the end of the license period. The Commissioner shall grant or deny a request for a waiver within thirty (30) days of the receipt of the request. A waiver granted pursuant to this subsection shall be effective only for that particular license period.

 

source

Final Rulemaking published at 50 DCR 10371 (December 5, 2003); as amended by Final Rulemaking published at 56 DCR 61 (January 2, 2009).