Applicant must not have an active resident state license on PDB in any state.
In order for an adjuster applicant to renew through the No Home State renewal application the Designated Home State on PDB must be Rhode Island.
Applicant cannot renew earlier than 60 days prior to license expiration date.
There is a grace period the day after expiration date up to 30 days with no additional fees.
Rhode Island will allow reinstatements (late renewals) through No Home State Renewals if the license status is Inactive with an expired status reason and the expiration date is greater than 30 days and less than or equal to 1 year. Late fees will be assessed.
Partial renewals are not allowed. All active lines must be renewed.
Applicants that have an active Claims Adjuster license will not be allowed to apply for Company Adjuster or Independent Adjuster outside of the 60 day renewal window.
Public, Independent and Company Adjuster licenses cannot be actively held simultaneously.
At least one DRLP must be provided on the application. The DRLP must have an active Resident or Non-Resident license in Rhode Island.
The DRLP's are not required to cumulatively cover the LOAs on the business application.
DRLP not required for Third Party Administrator Certificate of Authority, Third Party Administrator Registered or Third Party Administrator Waiver Certificate license classes.
All renewal applications for the Third Party Administrator Certificate of Authority, Third Party Administrator Registered, and Third Party Administrator Waiver Certificate must provide annual report form and annual filing fee to Rhode Island Department of Business Regulation, Insurance Division.
Third Party Administrator Certificate of Authority, Third Party Administrator Registered and Third Party Administrator Waiver Certificate (PDB Code 9696) expire annually on the last day of February.
Applicant must provide a business address that is not in the state of Rhode Island.
If applicant responds "yes" to one of the background questions please submit supporting documents electronically via NIPR's Attachments Warehouse. The documents may also be submitted to the state via mail, email, or fax.