NARAB II Basics and Member Guide
NARAB II will achieve much needed reciprocity in producer licensing and help policyholders by giving consumers more flexibility. This legislation would build upon regulatory experience at the state level, promote greater consistency in non-resident agent and agency licensing, ease the burden that many agents face in doing business across state lines, and increase consumer choice.
***Presently, appointments to the NARAB board of directors are awaited before such framework may be implemented to serve agents who conduct business in multiple states. MAIA will keep members informed as this issue progresses into funtionality.***
You can find a helpful description of the enabling NARAB II legislation, as well as a guide explaining what it means to you, at the link below.