Action Notice - Termination
Action Notice of Termination
Notice: Electronic Filing Requirements - Insurance Company and Terminations.
If your company files more than twenty five terminations annually, then pursuant to Section 2190.22 of Title 10 of the California Code of Regulations, the Action Notice of Termination must be submitted electronically.
To submit terminations electronically contact the National Insurance Producer Registry (NIPR) and its authorized business partners for a list of approved partners.
Exceptions to the electronic submission requirements are as follows:
- Insurance Companies that annually terminate, in the aggregate, 25 or fewer agents. Requests for exceptions to this requirement must be submitted to the CDI in writing with an Action Notice of Termination, form LIC 447-54T with applicable fee(s). Form LIC 447-8 may be used to request such an exception.
Lines of authority not included in Section 2194.42 of the CCR. In those instances, the insurer shall continue to submit paper terminations. No written request for this exception is needed.