NAPSLO's new online compliance course, the NAPSLO Surplus Lines Compliance Course, is now available for continuing education credit in all 50 states. This course, offered through NAPSLO and Success CE at http://napslo.successce.com is available in both CE credit and no CE credit versions.
"This is the first compliance course on surplus lines and now is available for CE credits in all states," said NAPSLO Education Director Randall Jones. "This is the latest educational program NAPSLO has developed on surplus lines and we are continuing to work on additional programs."
People interested in the course can access it through the CE & On-line Courses page of the Education & Schools section of the NAPSLO website. Once on the SuccessCE site, learners, whether they are taking the course for CE credit or not, should click on their state and then the Property & Casualty Insurance CE button to load the compliance course.
NAPSLO has made the compliance course, which normally will cost $14.95 to take for CE credit, or $7 for no CE credit, available at no charge for a limited time.
The course includes four sections, and eight lessons, with learning objectives within each lesson. The course provides an overview of the E&S Industry and Surplus Lines Brokers and Insurers and teaches students the basics of Surplus Lines Broker Licensing and Record Keeping, Insurer Eligibility, Non-Admitted Compliance: Process and Procedures, Diligent Search, Tax Remittance, Policy Disclosure and Delivery, and Independent Procurement/Industrial Insured Exemption. The course also covers the Nonadmitted and Reinsurance Reform Act (NRRA) and discusses NRRA/Exempt Commercial Policyholder (ECP) Laws.
Students taking the course also may take exams for CE Credits and the course has been approved for three hours credit in most states, except for New York, which granted a higher amount, and two hours in the State of Washington.