| Updated: |
4/9/2009 |
| Description: |
Surplus Line Agents place insurance with eligible surplus line insurers (non-admitted insurance) companies. They typically sell insurance to individuals or firms involved in high risk categories or extraordinary situations.
Similar Keywords: life, health, property, casualty, P&E, title, auto, home owners, workers compensation, medical malpractice, brokers, fire, longterm care, accident, general lines, dental, property and casualty, liquor liability, surplus |
| Statutes, Rules, Ordinances: |
ORS 735
|
| Duration: |
Annual |
| Fees - application, exam, etc.: |
Initial: $30, plus $45 license fee.
Renewal: $45 if postmarked by the license expiration date. After the license expiration date, and additional $45 penalty is due. |
| Responsible Agency: |
Insurance Division - Licenses |
| Examination Information: |
- Exam Time: By appointment only.
- Exam Locations: Eugene, Portland, Mount Lake Terrace, WA, Puyallup, WA, and Boise, ID.
- Exam Passage Rate: 70 percent or higher.
- Exam Repeat: No restrictions.
- Exam Cost: $55.
Exams are administered by Prometric. Visit their website to register for exams, exam outlines, and exam fees. |
| Continuing Ed Requirements: |
Information for Insurance Agent/Producers
For Renewal:- 24 continuing education hours are required thereafter for each renewal period.
- All agents must include 3 continuing education hours of Oregon law and 3 continuing hours of ethics for insurance agents at each renewal.
Registered CE Providers (called Registered Proctors). To find online providers do a google.com search on either "CE providers" or "continuing Oregon education" (without the quotes). |
| Bonding Requirements: |
None |
| Insurance Requirements: |
None |
| Prerequisites: |
- Have a residence or place of business in Oregon.
- Must disclose any criminal convictions.
- Pass written exam.
- Must have property and casualty license.
|
| Application Form: |
Individual Insurance License Application Form 440-3000. |
| Renewals: |
Required Documentation- Either originals or copies of course completion certificates.
- Signed renewal notice or signed statement acknowledging agent has had no conviction of a misdemeanor or felony in the last two years. If so, they must provide details with the renewal request.
Additional Information
The renewal fee and course completion certificates must be postmarked by the license expiration date or a $45 penalty fee applies.
Effective January 1, 2008 - A license issued to an individual insurance producer expires biennially in the month of the individual's birthday. |
| Service Links: |
 How to print your license
 Insurance Agent Main Search Page
 Application
 Non-resident online licensing and renewal
Address Change Form
Agency Contact Information
|
| Additional Information: |
Effective July 1, 2007 - The Oregon Insurance Division will no longer issue printed initial, renewal, or replacement licenses. All license information for active licensees will be available on our website. To view your license status or to print a copy, please use one of the search pages.
How to print your license
Information for Insurance Agent/Producers |
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Agency Information
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Please refer to the Agency Website for further details and additional information.
|
| Agency Name: |
Insurance Division - Licenses |
| E-mail Address: |
dcbs.insmail@state.or.us
|
| Phone: |
503-947-7980
|
| Mail Address: |
DCBS - Insurance Division
350 Winter St NE
Salem, OR 97301
- 3883
|
| Website Information: |
http://oregoninsurance.org/ |
