Maine Insurance Licensing

The information provided by Agenzee is intended to be accurate and current regarding licensing and appointment requirements across states. While we make every effort to ensure precision through research and expertise, we recommend that readers independently verify details by contacting their state’s insurance department for precise regulations. Remaining informed is essential, and we are here to assist you on your path.

Appointments and Terminations in Maine

Yes

Yes

Within 15 days of contract execution or first business submission

$30

$70

Yes

No

No

Yes

Required and is the date supplied on transaction. Must not be in the future or precede appointee/appointer's licensure. Must be less than 20 days old.

Yes

Maine Portal

$30 for resident license / $70 for nonresident

Yes

Yes

Termination reason code is not required

Yes

Required and is the date supplied on transaction. Must not be in the future and must be less than 20 days old and must not precede the effective date of the appointment

ME does perpetual licenses, but if a license is canceled or suspended or CE is not met in 60 days of license renewal period end, appointments are canceled

No fee

Licensing in Maine

Initial individual new license fee:

$40 (All LOAs excluding Surplus Lines)

$180 (Surplus Lines)

$40

$70 (All lines of authority except Surplus Lines)

$180 (Surplus Lines)

$70

Last day of birth month every 2 years based on year of birth

N/A

None, perpetual

For individual's business address only

No

Residence, Business, and Mailing

Intermediary Insurer Domestic, LHF Insurance Company Foreign, PCF Insurance Company Foreign, Risk Retention Group Foreign, Viatical Provider Foreign, Temporary Resident, Employee Leasing Foreign, Managing General Agent Nonresident, Med Utilization Review Serv Foreign, Preferred Provider Foreign, Third Party Administrator Foreign, Advisory Organization Domestic, Reinsurance Intermediary Broker Nonresident, Reinsurance Intermediary Manager Nonresident, Risk Purchasing Group Foreign, Producer (Resident), Producer (Nonresident), Consultant (Resident), Consultant (Nonresident), Adjuster (Resident), Adjuster (Nonresident), Producer - Limited Non-Resident, Producer Limited Resident, Service Contract Admin Foreign, Service Contract Provider Foreign, Pharmacy Benefits Manager Foreign

Agency Licensing in Maine

No

Yes

No

90 days prior to license expiration date until expiration date. Late renewal period ends 90 days after expiration. After late renewal period, applicant must submit through initial licensing application.

Yes

Indicates if producers selling on behalf of/through an entity must be formally affiliated with that entity and if the entity must notify the department of changes

Branch office must be licensed

Independent and Emergency Adjuster Licensing in Maine

Yes

Yes

Yes

AK, AL, AR, AZ, CT, DE, FL, GA, ID, IN, KY, LA, MI, MN, MS, MT, NC, NH, NM, NV, OK, OR, RI, SC, TX, UT, VT, WA, WV

CA, HI, NY, PR, WY

Property & Casualty, Multi-Peril Crop, Workers' Compensation, Limited - Non Resident

Independent adjuster fees:

$45

$45

$45

$30

$75

$75

$60

Yes

Non residents can only hold the Limited line of authority.

An adjuster license is not required for an adjuster if sent to the state by an authorized insurer in the case of a declared catastrophe. Note the rules announced in the catastrophe announcements.

Continuing Education Requirements for Maine Insurance Licensees

Here at Agenzee, we strive to provide accurate and up-to-date information on CE requirements for various states. While we take pride in our thorough research and expertise, we encourage our readers to conduct their own due diligence by consulting their state’s department of insurance for specific requirements. Remember, staying informed is key, and we’re here to support you on your journey to compliance!

Licensees must complete a total of 24 hours of continuing education every two years.

The renewal period is biennial, occurring every two years.

Continuing education is due prior to the licensee's birth month, biennially. Licensees born in odd-numbered years renew in odd years, while those born in even-numbered years renew in even years. Licenses are perpetual but will be marked inactive if CE credits are not completed on time.

The license renewal date falls on the last day of the licensee's birth month.

Renewal year is based on the year of birth.

A CE reminder is sent 6 months before the CE due date.

Limited lines agents who do not sell annuities and surplus lines agents are exempt from CE.

The license will remain active for 60 days after the CE due date to allow completion and submission of outstanding CE. A late penalty will apply during this period. If the 60-day period is missed, the licensee will need to retake the licensing exam and apply to reinstate the license.

Instructors receive credit once per course every four years.

Three hours of CE must be dedicated to ethics.

Three hours of NFIP course are required.

Initial certification requires an 8-hour training course, followed by 4 hours of LTC-specific training each renewal cycle.

Licensees must complete a one-time, 4-hour course.

Frequently Asked Questions on Maine Insurance Licensing

You can apply via the NIPR Gateway or directly through the Maine Bureau of Insurance website.

Maine requires 24 hours of CE every two years, with specific courses mandated for certain license types.

Texas-Flag

Maine

Eric Cioppa (Retired)

(207) 624-8475

Maine Bureau of Insurance