CCIA –State by State Outline
Limited Lines Business Entity Licensing for Credit Insurance
Individual
Business Licensed Register Additional Ins. Code
State DRLP*
Entity Producer Branches/Locations Reg. Numbers
Required
Alaska Yes Yes (not restricted to Yes No Ins. Code 21.27.140
officers)
California Yes Yes (not restricted to No, if Yes, only if records Ins. Code 1627, 1637 &
officers) working are stored at 1656.1
under the branch/location
B.E.
organization
al license***
Colorado Yes Yes (must be an Yes Yes, Ins. Code 10-2-404
officer,director,partner branches/locations
or member, NOT an using the same name
employee) and FEIN are listed
on the B.E. app
D.C. Yes Yes (not restricted to Yes No Ins. Code 31-1131.06
officers)
Florida Yes No No, if not Yes – each Ins. Code 626.321
receiving branch/location must
commission have a license and
s pay a $50 fee
Kansas Yes No, credit license only No, if not Yes, Ins. Code 40-4905
issued to B.E. not receiving branches/locations
individuals. commission using the same name
Individuals may not s and FEIN must be
receive commissions. listed on the B.E. app
Louisiana Yes Yes (not restricted to Yes Yes, Ins. Code 22:1136
officers) branches/locations
using the same name
and FEIN must be
listed on the B.E. app
Minnesota Yes for non- Yes (not restricted to Yes No Ins. Code 60K.37
bank officers)
entities, per
g:/…/charts/Uniform Licensing Procedures Research-2 5-22-09
CCIA –State by State Outline
Limited Lines Business Entity Licensing for Credit Insurance
the DOC
Mississippi Yes Yes (not restricted to Yes Yes, must notify DOI Ins. Code 83-17-61
officers) of each
branch/location
Missouri Yes No No, all No Ins. Code 375.015
individuals
must only
be listed
under the
B.E.
organization
al license
Nebraska Yes Yes (not restricted to Yes Yes – Ins. Code 44-4053
officers) branches/locations
using the same name
and FEIN must be
listed on the B.E. app
New Yes Yes (not restricted to No, only the No Ins. Code 402-J:6
Hampshire officers) B.E. must
hold the
license**
New Jersey Yes Yes (not restricted to Yes Yes – each Reg. 11:17-2 et seq.
officers) branch/location must
have a license
New York Service Fee
North Dakota Yes Yes (not restricted to Yes No Ins. Code 26.1-26-13.3
officers)
Pennsylvania Yes Yes (not restricted to Yes No Ins. Code 40-25-1205
officers)
Texas Yes, the No No, if the Yes – each Ins. Code 4055.001
B.E. can B.E. holds a branch/location must
obtain a Specialty pay a $50 fee to
Specialty License. If register under the
License or a the B.E. main location
“Agency holds an
g:/…/charts/Uniform Licensing Procedures Research-2 5-22-09
CCIA –State by State Outline
Limited Lines Business Entity Licensing for Credit Insurance
License Agency
License
then Yes
West Virginia No, not for Yes Ins. Code 33-12-2 (i) (k) &
limited lines Reg. 114-2-3.8
*Designated Responsible Licensed Producer
**In New Hampshire if a bank is a member of the New Hampshire Bankers Assoc. OR if a dealer is a member of the New
Hampshire Auto Dealer Assoc. then only the entity must hold the business entity license for credit.
***In California the business entity can receive a B.E. organizational license and all employees selling credit insurance AND
receiving commissions must be registered as endorsees under the license. If selling but not receiving commissions they do not
need to be registered as endorsees.
g:/…/charts/Uniform Licensing Procedures Research-2 5-22-09