Starting January 1, 2023, public adjusters in California, and different insurance coverage professionals required to be licensed within the state, should embody their license numbers on emails involving “an exercise for which a license is required.” This may enable customers to simply affirm that the consultant they’re coping with maintains an lively license with the California Division of Insurance coverage.
Senate Invoice 1242 included this addition, including subsection (c) to California Insurance coverage Code 1725.5. Together with public adjusters, the requirement additionally applies to:
- Variable life and variable annuity
- Accident and well being or illness brokers
- Restricted traces vehicle insurance coverage brokers
- Impartial insurance coverage adjusters
- Life and incapacity insurance coverage analysts
A duplicate of this listing and FAQs concerning the new requirement may also be present in a CDI Discover revealed December 22, 2022, linked right here.
The code part does present particular necessities, so be sure you affirm that your electronic mail signature conforms with the next:
- Font – The license quantity should be in a sort measurement that’s no smaller than the largest of any avenue tackle, electronic mail tackle, or phone variety of the licensee, e.g., in case your phone quantity is in 12-pt font and your electronic mail tackle is in 10-pt font, your license quantity should be no smaller than 12-pt font.
- Location – The license variety of a person licensee shall seem adjoining to or on the road beneath the person’s title or title. The license variety of an organizational licensee shall seem adjoining to or on the road beneath the group’s title.
- Relevant Emails – a license quantity should be listed on each electronic mail that entails an exercise for which an individual should maintain one of many above-listed licenses. Which means clerical actions that don’t require licensure are exempt from the requirement. Nevertheless, setting a signature block and together with your license quantity on each electronic mail will keep away from the headache of characterizing what emails comprise exercise for which you should maintain a license.
An individual in violation could also be topic to a high-quality by the commissioner within the quantity of $200 for the primary offense, $500 for the second offense, and $1,000 for the third and subsequent offenses.
For added info largely associated to the interaction between people and group licenses, I encourage you to learn the CDI Discover linked above.
For the whole textual content of code part 1725.5(c), see beneath:
An individual licensed beneath Part 1625, 1625.5, 1625.55, 1626, 1758.1, 1765, 14020, or 15006, or Chapter 8 (commencing with Part 1831), shall embody the particular person’s license quantity within the emails the particular person sends that contain an exercise for which a license is required. An individual’s license quantity shall be in a sort measurement that’s no smaller than the biggest of any phone quantity, avenue tackle, or electronic mail tackle of the particular person included within the electronic mail. The license variety of a person licensee shall seem adjoining to or on the road beneath the person’s title or title. The license variety of an organizational licensee shall seem adjoining to or on the road beneath the group’s title.
