NEW ONLINE SERVICE AVAILABLE FOR CALIF. LICENSE RENEWALS

March 6, 2006

A new online system has been created to allow licensees to renew licenses and change their address of record, according to California Insurance Commissioner John Garamendi.

Prior to the new service, licensees filled out paper applications that were reportedly often prone to errors or omissions. That sometimes resulted in substantial delays for approvals.

The new online service, however, is designed to assist the licensee in completing the renewal application accurately to ensure that all required information is included.

The new system will reportedly help applicants verify the accuracy of the application before it is electronically sent to the CDI. Those who use this service will have their renewed licenses mailed to them within three business days of submission.

A licensee renewing online will be asked to complete the same set of questions that are listed on the traditional paper renewal application.

Sometimes, agents and brokers reportedly do not notify CDI when they move to a new residence or business location. Without a current address on file, the CDI cannot send important information to the licensee, such as the biennial renewal notice.

The new online service allows licensees to change their mailing, business and resident address information, in addition to changing their e-mail addresses and telephone numbers. Their new information will be immediately updated on CDI’s Web site.

The online service is available at the CDI Web site: http://www.insurance.ca.gov/ 0200-industry/0200-prod-licensing/onlinerenewalservice.cfm and https://cdinswww.insurance.ca.gov/flrs/addressChange/Welcome.jsp Or, visit www .insurance.ca.gov and click the “Online License Application” link.