Each resident insurance producer is responsible for obtaining
the credit hours required by this rule by enrolling in courses approved by the
Director that serve the insurance producer's professional needs. The following
minimum continuing education requirements apply to resident insurance producers
as a condition of renewing a license as insurance producer:
(1) For each two year renewal period
occurring after issuance of an insurance producer license that an insurance
producer holds an insurance producer license, the insurance producer must
complete 12 hours of continuing education annually or 24 hours in each two-year
renewal period; and
(2) For each
two year renewal period occurring after issuance of an insurance producer
license, the renewing insurance producer must include in the applicable
required hours of completed continuing education:
(a) At least three credit hours of continuing
education on the subject of Oregon statutes and administrative rules, including
recent changes;
(b) At least three
credit hours of continuing education of the subject of professional ethics for
insurance producers; and
(c) For a
producer that negotiates, sells, or solicits flood insurance, at least two
credit hours of continuing education on any combination of the following
subjects: current state and federal laws relating to flood insurance, the
National Flood Insurance Program, or private flood insurance.
Notes
Or. Admin. Code
§
836-071-0215
ID 3-1990, f. & cert.
ef. 1-19-90; ID 6-1994, f. & cert. ef. 5-20-94; ID 3-1997, f. 4-7-97, cert.
ef. 6-1-97; ID 6-1999, f. 12-13-99, cert. ef. 1-1-00; ID 9-2002, f. & cert.
ef. 3-18-02; ID 8-2005, f. 5-18-05, cert. ef. 8-1-05; ID 4-2007, f. 3-6-07,
cert. ef. 1-1-08;
ID
13-2018, amend filed 08/16/2018, effective
8/16/2018
Statutory/Other Authority: ORS
731.244 & ORS
744.072
Statutes/Other Implemented: ORS
744.072
