What Are The Producer Continuing Education Requirements?
In 1992 the Colorado General Assembly passed House Bill 921076, mandating continuing education for insurance producers. Effective January 1, 1993, the continuing education requirement applies to all individuals licensed to act as insurance producers in Colorado, including nonresidents The law requires that every licensed producer complete twentyfour hours of Colorado approved continuing education courses every two years. Any producer holding only the Health Maintenance Organization (HMO) or NonProfit Hospital Surgical Medical Services (NP) authority must complete twentyfour hours of CE beginning with their next continuation after January 1, 1999. There are only two exceptions to the CE requirement: 1) First time licensees have until their second continuation to comply. 2) Producers licensed to write only one or more of the following authorities: Limited Insurance Representative/Travel Ticket Selling, Bail Bonds, Title, Credit, and Crop Hail.
Other Colorado Insurance FAQs
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Q:
What Is The Address And Phone Number For The Colorado Department Of Insurance?
A: Colorado Insurance Commissioner 1560 Broadway, Suite 850 Denver, CO 80202 (303) 8947499
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What Are The Licensing Requirements For A Bail-Bonding Agent?
A: Requirements to become a Licensed Bail Bond Agent can be obtained from the CO Insurance Bail Bond Agent Handbook. Visit www.asisvcs.com , follow the links to …
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What Is The Relevant State Statute?
A: Colorado Revised Statute Title X.
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When Do The Continuing Education Requirements Begin?
A: First time licensees do not have to comply until their second continuation, and every two years thereafter. If you have already gone through a continuation, you must …
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Do I Need 24 Credit Hours Or Each Insurance Authority That I Possess?
A: No, the requirement is a total of twentyfour credit hours every two years.
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When Does Accumulation Begin?
A: Producers with a continuation date of January 1, 2002 began the accumulation cycle January 2, 2000. Producers who do not have a 2002 continuation date must comply by …
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Can Extra Continuing Education Hours Be Carried Over?
A: A maximum of 12 credits earned over the required 24 can be allocated for carry over if taken in the final 120 days of the 24month license continuation cycle. This …
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Does An Agency License Require Continuing Education?
A: No.
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If The Only Authority I Have Is Life, Life/Variable, Health, Hmo Or Np, Which Classes Can I Take For Ce Credit?
A: At least 18 hours in the Life/Health category, with the balance in Life/Health or Property/Casualty. Please Note: The Colorado Division of Insurance must approve all …
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If I Have A Combination Of Authorities Such As Life, Life/Variable, Health, Hmo, Np And Property Or Casualty, Which Classes Can I Take For Ce Credit?
A: Since you have a combination in Life/Health & Property/Casualty, you can take Life/Health or Property/Casualty approved courses. You may split the hours between both …
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