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Mandatory Training for Flood Insurance Agents

New rules require insurance agents selling flood insurance policies to regularly complete continuing education courses. This aims to ensure agents have up-to-date knowledge of the flood insurance program, potentially leading to better service and advice for citizens seeking flood protection.
Key points
Agents selling flood insurance must complete a 3-hour continuing education course every two years.
Courses must be approved by state insurance commissioners and focus on the flood insurance program.
Failure to complete the course will result in a ban on selling flood insurance policies and performing related duties.
Agents licensed in multiple states must meet the requirements of each state.
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Additional Information
Print number: 117_S_2703
Sponsor: Sen. Wicker, Roger F. [R-MS]
Process start date: 2021-08-10