Termination of producer appointment - Kentucky Department of 2025

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In each case, the insurance carrier needs to notify the State Department of Insurance of the appointment termination. The information then must be conveyed to the individual producer as well as to any agency the producer is associated with.
The insurer is responsible for notifying the Commissioner when a producers appointment is terminated. This is vital to ensure compliance with insurance regulations. Only the insurer has the authority and obligation to report such changes.
If the producer is terminated for cause for any of the reasons listed in section 1420‑K, the insurer shall provide a copy of the notification to the producer at the producers last known address by certified mail, return receipt requested, postage prepaid or by overnight delivery using a nationally recognized carrier.
Kentucky law protects employees from being fired for reporting illegal actions or unsafe practices. If you report your employer for things like fraud, unsafe working conditions, or violations of the law and your employer fires you in retaliation, that counts as wrongful termination.
Community Answer. Producers must give notification to the Commissioner prior to using the assumed name. This requirement helps ensure compliance and transparency in business practices. Failure to notify can lead to legal issues for the producer.
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If an agents appointments are terminated, their license remains valid as long as they meet state renewal and continuing education requirements. However, without an appointment, they may not be able to sell specific carriers products.
Sharon Clark. Sharon Clark is the Kentucky Commissioner of Insurance. Clark assumed office on January 6, 2020. Clarks current term ends on February 1, 2028.

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