Sec. 38a-702h. Exemption from examination. Requirements for producers in other states who become residents of Connecticut. Waiver of examination for certain chartered underwriters.
Sec. 38a-702h. Exemption from examination. Requirements for producers in
other states who become residents of Connecticut. Waiver of examination for certain chartered underwriters. (a) Except as provided in section 38a-702g or 38a-702n,
an individual who applies for an insurance producer license in this state and who was
previously licensed for the same lines of authority in another state shall not be required
to complete any prelicensing education or examination if the application is received not
later than ninety days after the cancellation of the applicant's previous license and if
the prior state issues a certification that, at the time of cancellation, the applicant was
in good standing in that state or the state's producer database records, maintained by
the National Association of Insurance Commissioners, its affiliates or subsidiaries, indicate that the producer is or was licensed in good standing for the line of authority requested.
(b) A person licensed as an insurance producer in another state who moves to this
state shall make application not later than ninety days after establishing legal residence
to become a resident licensee pursuant to section 38a-702e. No prelicensing education
or examination shall be required of such person for any line of authority previously held
in the prior state except where the commissioner determines otherwise by regulation,
which the commissioner may adopt in accordance with chapter 54.
(c) The commissioner may waive the requirement of an examination for a license
to act as a producer for (1) property and casualty insurance in the case of any applicant
who has been awarded the professional designation of Chartered Property and Casualty
Underwriter, and (2) life and accident insurance in the case of any applicant who has
been awarded the professional designation of Chartered Life Underwriter.
(P.A. 01-113, S. 8, 42; P.A. 04-77, S. 2.)
History: P.A. 01-113 effective September 1, 2002; P.A. 04-77 added Subsec. (c) re waiver of examination for Chartered
Property and Casualty Underwriters and Chartered Life Underwriters.