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Insurance Producer and Agency Appointments Go Online April 1st
Office of Financial and Insurance Services
(OFIS) Commissioner Linda A. Watters announced that effective April 1, 2004 all
company appointments and cancellations will be conducted electronically. Companies
can access information about the service under the "Licensing" section
of the OFIS web site - www.michigan.gov/ofis.
"OFIS is committed to making
our operations more efficient and as user-friendly as possible," said
Watters. "Increasing opportunities for electronic submission will ultimately
reap rewards for both OFIS and regulated entities."
In June 2002, companies were notified
that appointments and cancellations were required to be submitted electronically,
with the exception of Credit Products, Personal Lines, Casualty, and Property,
which were required to be submitted on paper. Temporary waivers were also granted
to companies that submitted 10 or fewer appointments annually. All temporary
waivers will expire April 1, 2004.
Any company that was previously exempted
from electronic submission should check out the National Insurance Producer
Registry (NIPR) at www.licenseregistry.com under "Products and Services"
to obtain a list of authorized business partners qualified to provide electronic
For specific information please contact the Insurance Licensing Section at 877/999-6442 or firstname.lastname@example.org.
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