Licensing, Other Changes for Insurance Agents in Virginia to Take Effect Jan. 1 December 21, 2020
Changes in licensing, fees and continuing education due dates for insurance agents in Virginia will take effect January 1, 2021.
These changes, as provided by Virginia law, have been in the works for more than two years and are among the biggest changes impacting Virginia insurance agent licensing in more than 30 years, according to a Virginia State Corporation Commission (SCC) press release.
The SCC’s Bureau of Insurance is changing the duration of agent licenses from a perpetual basis to a biennial basis based on birth month and year. The changes will impact approximately 332,000 individuals and agencies holding 340,000 insurance agent licenses in Virginia.