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State of Md Insurance Info
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State of Md Insurance Info
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Posted by Traci/MD on 6/29/09 10:12am
Msg #293936

State of Md Insurance Info

of 4
Maryland Insurance Administration
Business Entity Producer License Renewal / Reinstatement Checklist
Important Update:
The attached application may be used to renew or reinstate an existing Maryland Insurance producer license.
Requirements:
Producer License Applicants attach a check or money order for $69.00 to renew a license or $169 to reinstate a license. Payments
should be made payable to The Maryland Insurance Administration.
Entities that hold a surplus lines license must renew / reinstate the pre-requisite producer license simultaneously or prior to the
renewal /reinstatement of the surplus lines license. In addition to the fee for the producer license an additional $200 must be submitted
to renew the surplus lines license.
FEES ARE NON-REFUNDABLE AND ARE NOT DEPENDENT ON APPROVAL OR DENIAL OF AN APPLICATION
All licenses with an expire date on or after October 1, 2009, with the Title line of authority, will be required to submit a new
Title Surety bond or Letter of Credit and Title Fidelity bond, in the amount of $150,000 prior to the license being renewed.
For further information regarding this change you may refer to Senate Bill 86.
If you are interested in adding or deleting Associated Producers or Designated Responsible Producers or updating Owners, Partners,
Officers, Directors, or Members please download the appropriate form from our website www.mdinsurance.state.md.us, and return with
your renewal / reinstatement application.
*Note the forms are available on our website under the Producer -> License Maintenance section.*
Sign Application and mail with any additional required items to:
Maryland Insurance Administration
Attn: Producer Licensing
200 St. Paul Place , Suite 2700
Baltimore, MD 21202
Questions? Please contact the Maryland Insurance Administration at 1-888-204-


 
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