Now that you're licensed, what's next?
Congratulations on obtaining your Washington state insurance license!
Knowing and meeting compliance standards is an important first step after becoming licensed. The "If you..." scenarios below will guide you through the requirements and help you avoid any fines or administrative actions.
If you have a business entity licensed as a producer or surplus lines broker
You may anticipate undergoing financial exams at some point. Our office will review your books and records, verify consumer’s money has been properly handled, and that you’ve transacted insurance business within the requirements of the law. Some of those requirements are pretty specific – learn about them in our separate premium account section.
If you are an individual licensee
Take some time to review these common compliance issues.
If you have a business entity license
Make sure you’re familiar with these frequent concerns.