Oregon 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.
News
Read All NewsAppointments and Terminations in Oregon
No need to report, operates on a registry system.
There is no fee for appointing agents, resident or nonresident.
Managed through the registry, with reasons including cancellation for cause among others.
Licensing in Oregon
$75 for both resident and nonresident new insurance producers.
$45 for renewals, with a late fee of $90.
Begins 90 days before the expiration, every two years based on the licensee's birth month.
Agency Licensing in Oregon
Entities operating under a distinct Federal Tax ID need a business entity license.
Managed continuously with specific deadlines for late renewals.
Independent and Emergency Adjuster Licensing in Oregon
Specific to public adjusters with detailed fees and renewal periods.
Temporary licenses available under specific emergency conditions.
Continuing Education Requirements for Oregon 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.
License renewal must be completed by the last day of the licensee's birth month.
The license renewal year is determined by the year of the licensee's first license issuance.
Continuing education credits are due prior to license expiration.
The state sends CE reminders 90 days prior to the expiration date.
Certain work experience or professional designations, and lines that don't require examination may be exempt from CE. Consultants and limited lines agents are exempt from CE.
If a producer misses the renewal date, they may apply within 12 months from the due date for renewal without having to take and pass a written examination. However, they must pay a reinstatement fee that is equal to double the unpaid renewal fee and must complete any continuing education requirements not satisfied to date, including the period for which the license was lapsed.
Yes, CE instructors receive credit for teaching courses.
Licensees must complete 3 hours of ethics training and 3 hours of Oregon statutes and administrative rules.
Three hours of CE training must focus on the National Flood Insurance Program (NFIP).
Initial certification requires an 8-hour training course, followed by 4 hours of LTC-specific training every two years.
Licensees must complete a one-time, 4-hour annuities course.
Frequently Asked Questions on Oregon Insurance Licensing
JIT appointments are allowed, and must be submitted within 30 days of contract execution or first business submission.
New licenses are $75, and renewals are $45 with a late renewal fee of $90.
Licensees must complete 24 hours of continuing education every two years before their license renewal date.
Oregon
Andrew Stolfi
Oregon Division of Financial Regulation
