Welcome to the Securities & Insurance Licensing Association (SILA)

Our mission is to provide an educational forum for members to exchange information, best practices and ideas that resolve issues common to the industry and to improve licensing and registration across the country.

image description Industry Professionals
The Securities and Insurance Licensing Association (SILA) delivers the education, information, and connections you need for success in this complex industry. SILA membership is an important asset for every industry professional, no matter your level of experience. Licensing? Registrations? Compliance? It’s complicated! SILA members share best practices, plus you’ll find state insurance and securities registration information, networking contacts and many more valuable tools within your reach. Read more
image description Vendors
Licensing and compliance is a unique niche. SILA connects you with the individuals, firms and regulators that can bring you success. There is no organization like SILA to put you in front of your target audience. Advertise, exhibit and make presentations directly to industry leaders. Benefit from “insider” information, including valuable survey and discussion group results for your R&D and marketing departments. List your company’s product/solution in the Vendor Directory - marketing dollars work hard when you partner with SILA! Read more
image descriptionRegulators
SILA membership is the connection point that links regulators with industry professionals, influencers and fellow regulators. Opportunities exist for significant connection that can be a catalyst for change. Through SILA, regulators can gain understanding of how licensing and compliance regulations affect firms and carriers. Regulator relationships are highly valued by SILA, and we encourage regulator participation at our annual conference. We provide communication opportunities that are unmatched by any other organization. Read more

 

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Regulatory Announcements

 

Regulatory Announcements
North Carolina provides notice regarding the 2014-2015 company appointment renewal bills.
The New Jersey Department of Banking & Insurance announces that the Electronic Payment Module for the Surplus Lines Information Portal (SLIP) is now available.
North Dakota reminds all Third Party Administrators, Consultants, and Surplus Lines producers that their licenses will expire if not renewed by 4/30/2014. They also remind all appointing companies that if their appointment renewal invoice is not paid by 4/30/2014 all of their appointments will cancel.
Indiana provides its expectations of the use of the OPTins system when filing Surplus Lines premium taxes.
On April 1, 2014, the Mississippi Insurance Department mailed the appointment renewal invoices to all licensed Insurance Companies with actively appointed producers in Mississippi.
Effective May 1, 2014, Minnesota will lower its Technology Surcharge fee.
The Ohio Department of Insurance will mail appointment renewal reminders to insurance companies on or about April 4, 2014. A copy of the letter can be found at www.insurance.ohio.gov or linked to the notice on SILA's website.
Oklahoma sends notice of an insurance license exam change and also provides a reminder of the procedures to obtain an emergency adjuster license.
The Excess Line Association of New York (ELANY) sends notice that an excess line broker license is required when binding/underwriting from a New York office for an eligible excess line insurer.
North Carolina announces that it is ready to accept electronic bail bond license renewal applications for the 2014-2015 licensing period.
Ohio has posted Rule 3901-1-57 dealing with transaction fees for public comment through April 14th.
North Carolina announces an address maintenance tool for licensees.
The Virginia Bureau of Insurance will mail appointment invoices on or about April 1, 2014, for producer appointments added during the quarter ending March 31, 2014.
Delaware resident licensees who have failed to renew and/or complete their Continuing Education requirements have been placed into an Expired Status.
SEC approves amendments to the Uniform Branch Office Registration form (Form BR) with an implementation date of April 7, 2014.
SILA NOTICE
These regulatory announcements are provided to SILA by the state insurance departments. They are intended for distribution solely to SILA members. SILA does not provide the announcements as legal advice and takes no responsibility for the content of the announcements.
The Texas Surplus Lines Associations provides information about the new "Managing Underwriter" Law.
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