PIA supports modernizing the existing regulation of producer licensing through state insurance departments. This system has proven to be the most effective system for protecting consumers and maintaining a vibrant marketplace for industry. PIA:

• Is committed to achieving a modern, nationwide insurance producer licensing system utilizing model laws and regulations such as the Producer Licensing Model Act (PLMA) and electronic facilitators, such as the National Insurance Producer Registry (NIPR).
• Supports state based efforts to increase licensing reciprocity and uniformity.
• Supports narrowly targeted federal legislation, such as NARAB II, that would facilitate reciprocity without creating a new federal insurance bureaucracy.
• Supports the efforts of state organizations, such as NCOIL and the NAIC, to promote uniform state laws and regulations.

To learn more about PIA's position on Producer Licensing, read the March 2010 Producer Licensing PIA Position Paper (PDF file).