The California Department of Insurance has introduced a new Internet service for insurance agencies to add or remove insurance agents from their records. This new service streamlines the process for agencies to add or delete agents who may sell insurance, and it reduces processing time by several weeks by helping insurance agencies complete the task more accurately and efficiently online, CDI said.
In the past, CDI only accepted a paper form from insurance agencies to fulfill the statutory requirement. The Internet service, known as the Business Entity Endorsement and Termination Service, is available at www.insurance.ca.gov.
“Given my high-tech background, one of my goals is to usher in a more paperless society at the Department of Insurance,” said Insurance Commissioner Steve Poizner. “We will utilize every opportunity to make transactions more efficient for consumers and industry professionals who do business with the Department.”
There is a transaction fee for the online service, but no surcharge, CDI said.
For questions regarding the Business Entity Endorsement and Termination Service, call the CDI Producer Licensing Bureau at 800-967-9331 or 916-322-3555. Or, e-mail LicenseBureau@insurance.ca.gov.
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