Oklahoma Appointment Renewals Announcement for 2019

Key Information:

September 25, 2019

2019 Oklahoma Company Appointment Renewals

Oklahoma company appointment renewals will open November 25, 2019 through December 31, 2019. Appointment renewal fees will remain at $30.00. Below is important processing information for the upcoming appointment renewal period.

State(s) Impacted:

OK

Invoice renewal period

11/25/2019 – 12/31/2019

Appointment types renewed

Insurance Producer, Limited Lines Insurance Producer, Title, Motor Service Club, Managing General Agent

Termination deadline:

11/15/2019

Appointment & Terminations Turned Off

No

Appointment & Terminations Turned back on

N/A

PDB Alerts Turned Off

No

Effective dates honored when processing is turned back on

N/A

Transactions Declined during down time:

N/A

New appointment renewal date reflected once renewed

12/31/2020

 

State Specific Rules:

  • The NIPR website is: www.nipr.com.
  • Termination notices for individual appointments that you do not wish to renew must be received by NIPR no later than November 15, 2019 to allow sufficient time for processing and posting to PDB before the renewal invoices are created
  • On November 25, 2019, the NIPR website will display the invoice and a list of appointments due for renewal.
  • Appointment renewal fees will be due by 4 P.M. Central Time December 31, 2019 for all Insurance Producers listed on the invoice.
  • All appointments will be canceled if the invoice is not paid by December 31, 2019.
  • Appointments will not be renewed if payment is less than invoice total

IMPORTANT PAYMENT INFORMATION
NOTE: NO PAPER CHECKS:

  • Companies that submit a payment to NIPR via paper check will not have their renewal invoice processed and will have the payment refunded to them. Since receipt of a paper check is through a lock box account, NIPR may take several days to post the paper check and issue a refund check to your company. Therefore, you may not receive the refunded check before the payment deadline.
  • Oklahoma does not issue refunds. 

Appointment Renewal Fee

Start

 

 

End

Fee

Notes

November 25, 2019

December 31, 2019

$30.00 per appointment, per company.

No late renewal period.  

Please visit https://www.nipr.com/renWelcome.htm for more information on payment options.

IMPORTANT RECONCILIATION INFORMATION
Insurance carriers with an NAIC CoCode wishing to reconcile company appointments with the state insurance department may obtain a list of appointments via the Company Appointment Report (CAR) prior to appointment renewal invoices being created.  Terminations can be made through the Interactive Appointment and Termination Application. Both of these applications are available to NIPR Subscribers. If you are not a subscriber or need to verify that you are subscribed to these products, please contact NIPR at 816-783-8467 or marketing@nipr.comhttps://jira.naic.org/images/icons/mail_small.gif for subscription information. You may also utilize the services of an NIPR Authorized Business Partner http://www.nipr.com/authorized_business_partners.htm

 If you have any questions regarding the appointment renewal process, contact:

           Please contact NIPR Support at support@nipr.com with any questions or for additional information.