Senate Bill 1091 Summary

• Amends Arizona Revised Statutes section 20-289 regarding insurance producer license expiration, surrender, and renewal procedures.

• Modifies the late renewal process to allow persons who surrender a license to reapply without waiting the previous one-year restriction, instead requiring compliance with standard licensing requirements for new applicants.

• Updates language regarding renewal applications received after license expiration to clarify the one-year grace period for late renewal versus new application status.

• Maintains existing renewal requirements including quadrennial expiration dates, continuing education compliance, and $100 late renewal fee for applications filed within one year of expiration.

• Effective June 5, 2020.