Hawaii Insurance Commissioner Colin Hayashida issued Memorandum 2022-3LIC to provide clear instructions to residential insurance producers (PROs) regarding the new timeline for the completion of continuing education, implemented on Jan. 1, 2022.
It states all active resident PROs must complete continuing education requirements before their license renewal due date. In addition, if a PRO adds a new line of authority to their active license, the PRO must complete all required continuing education credit hours, including continuing education for the newly added lines of authority.
“All PRO licenses must be renewed online pursuant to the commissioner’s Memorandum 2020-13LIC. To qualify for online renewal, the required number of CE credit hours must be completed and the certificates of CE completion must be received by the Insurance Division from the CE course provider(s) before payment of renewal fees can be submitted electronically,” the memorandum stated. “Pursuant to HRS §431:9A-124(e), the approved CE course provider has 15 days from course completion to electronically submit certificates of completion to the Licensing Division. Therefore, the PROs shall complete CE requirements no later than 15 days before the renewal due date in order for the CE completion reports to be received and uploaded to the Insurance Division system in time for the PROs to renew licenses. PROs who complete required CE on or within 15 days of the renewal due date may not be able to renew licenses electronically and risk inactivation of licenses. A penalty fee will also be added to reinstate licenses.”
It states all continuing education certificates of completion must be submitted by the provider and the Insurance Division will no longer accept continuing education certificate of completion directly from the licensee.