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During the Fall Meeting of the National Association of Insurance Commissioners (NAIC), the Producer Licensing Working Group (PLWG) met to continue its review of limited-line licensing issues.  The PLWG focus has been the following: 1) individually review the licensing requirements for each core limited line; 2) review other limited lines and determine what licensing requirements should apply to them; and 3) determine if another “catch all” limited line is needed to address licensing requirements for insurance products not already encompassed within the list of limited line.  [more]

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Existing members of NASBP are our best recruiters! Please remember to take advantage of the NASBP incentive for existing bond producer members. Your agency can receive a $100 credit toward a NASBP meeting registration (the annual or a regional meeting) for each new bond agency that joins NASBP as a result of your referral. Just be sure that you tell the applicant to list your agency name on the membership application. Each credit must be used within 12 months of the referral, and there is no limit to the number of referral credits a member agency can realize through this incentive program. [more]

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The Importance of State Legislative Elections

From California to New York, national campaigns and governor’s races are receiving the majority of the attention in the press, while state legislative races virtually go unreported. However, both major parties are very engaged in state legislative elections because of the large impact they have on redistricting.  Redistricting is the process of redrawing state legislative and congressional district boundaries every 10 years by state legislatures following the decennial U.S. Census.  The party controlling their respective state legislatures controls the drawing of the maps, which can reshape the political landscape for the following 10 years. According to the National Conference of State Legislatures (NCSL) of the 50 state legislatures, 27 are controlled by the Democrats, 14 are controlled by the Republicans, and 8 are divided between the two parties; 1 legislature (Nebraska) is nonpartisan.  [more]


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Yesterday we concluded the inaugural session of the NASBP Sales Workshop for Surety Bond Professionals.  The Workshop was held in downtown St. Louis in the shadow of the magnificant Gateway Arch.  The Workshop was facilitated by professional sales coach, Jonathan Dick, who was joined by NASBP members and co-facilitators Larry McMahon, Don Appleby, and Ed Hackett.  It was a lively session with students actively participating  throughout the program.  Many thanks to Jon, Larry, Don, and Ed for all of their efforts in making this program a success. [more]

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It's "Back to School" time for students around the country, and in the spirit of the season we have two outstanding educational offerings planned for this fall. 

In September we will offer our new Sales Workshop for Surety Professionals
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The Regional Meetings for Regions 10 & 11 and Regions 4, 5, 6 & 7 get started next week.  They both debut a new condensed format designed to maximize value and minimize travel costs to the attendees. And they are being held in central, easy to access locations in their regions.

Meeting programming is a big focus for both regions, striving to give the attendees valuable information to take away from the events. [more]


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