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| insurance - Agent Licensing Bureau |
Insurance Bureaus >> Agent Licensing Bureau >> Continuing Education
Continuing Education Information
For protection of the public and to preserve and improve competence of licensees, during the twelve months next preceding expiration of the current license period, the licensee must attend the minimum number of hours of formal class instruction, lectures or seminars required and approved by the superintendent covering the kinds of insurance for which licensed.
Instruction shall be designed to refresh the licensee's understanding of basic principles and coverage’s involved, recent and prospective changes, applicable laws and rules of the superintendent,
NMSA 59A-12-26.A.B.
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Requirements for Licensees
"Licensee" means an agent, broker, limited surety agent, solicitor, bail bond solicitor, property bondsman, nonresident agent, or nonresident broker.
A. Hours required annually.
(1) Title insurance licensees shall annually complete seven credit hours of approved courses covering title insurance.
(2) All other licensees shall annually complete 15 credit hours of approved courses covering some or all of the kinds of insurance for which they are licensed.
B. No carry-over. No licensee may carry over credit hours earned in one compliance year to the next compliance year.
C. No duplicate credit. No additional credit will be granted to a licensee for completion of the same approved course more than once in any three year period.
A non-resident producer’s continuing education requirement is met if the non-resident producer fulfills his or her home state continuing education requirement and the home state also grants such reciprocity.
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Compliance Period
Continuing education credit year: The continuing education credit year shall begin on October 1 of each year and end on September 30th of the following year. A licensee shall file a certificate of completion indicating that the licensee has completed t he required number of credits of approved courses. The certificate of completion shall be on the form prescribed by the Superintendent, shall contain original signatures, and shall be filed with the Superintendent no later than October 31st of each year.
The Superintendent will not credit continuing education credits to a licensee until the Superintendent receives the certificate of completion and the fee from the licensee.
A licensee shall maintain copies of certificates of completion of approved courses for a period of three (3) years.
TITLE 13, CHAPTER 4-LICENSING OF INSURANCE PROFESSIONALS, PART 7-CONTINUING EDUCATION REQUIREMENTS 13.4.7.12
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Check Your Education Credits
Click here to go to Agent / Producer Lookup
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Continuing Education Fee
The superintendent shall charge, at the time of certifying each licensee's continuing education credits as a condition of continuation of license, a fee of one dollar ($1.00) per credit hour of continuing education. NMSA 59A-12-26.E
D. The superintendent may impose a penalty not to exceed fifty dollars ($50.00) for a licensee's failure to timely report continuing education credits. NMSA 59A-12-26.D
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Continuing Education Grandfather Exemption
Any licensee, that has been continuously licensed and in good standing for 25 years, is eligible to apply for a Grandfather Exemption.
To apply for the Grandfather Exemption you must submit a notarized statement, with a brief description of your 25 year insurance experience. Please list your license number on your request. A filing fee of $15.00 is required. Make check or money orders payable to NMPRCID. (We do not accept cash or electronic payments.). If your request is incomplete or incorrect you will be notified by mail and must resubmit your request with new fees. All fees are deemed earned when paid and are not refundable. NMSA 59A-6.1.
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Pre-licensing Requirement
Click here to go to Pre-licensing Requirements
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Providers Request for Course Approval
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Provider Contact Information
All Pro Bail Bonds, Inc
Bill Winfield
Flora Vista, NM
505-608-0988
Gerald Madrid Bonding
Gerald Madrid
Albuquerque, NM
505-243-0249
Hank’s Bail Bonds
Henry Bayless
Clovis, NM
505-799-5344
Jackie Sanchez Bail Bonds
Jacqueline Sanchez
Albuquerque, NM
505-242-2202
Jerry Gonzales Bail Bonding, Inc.
Jerry Gonzales, Jr.
Santa Fe, NM
505-471-2570
New Mexico Bonding, LLC
Denise Johnson
Albuquerque, NM
505-243-5245
NW New Mexico CE Courses
Daniel Goldberg, Jr
Farmington, NM
505-327-3193
Shane Lewis
Bloomfield, NM 87413
505-330-5568
Optional CE Course Providers:
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Frequently Asked Questions
- When is Continuing Education due each year?
Continuing Education is due by September 30th of each year. The Continuing Education cycle starts October 1st of each year, ending September 30th of the following year. This only applies to NM residents. Non-Residents are exempt.
- What are the requirements for Continuing Education if this is the first year being licensed?
All FIRST year resident licensees are exempt from this requirement for the first reporting period.
- Where do I send my Continuing Education certificates?
After you complete your 15 hours (7 hours for Title Agents) send your certificates directly to New Mexico Insurance Division.
The address is: UPS/FedEx Delivery:
NMID Agents Licensing Bureau
1120 Paseo De Peralta,PERA Bldg., Room 434
Santa Fe, NM 87504
- What are the fees for submitting my Continuing Education Certificates?
At the time of certifying, each licensee’s continuing education credits, a fee of one dollar ($1.00) per credit hour of continuing education shall be charged. Any certificates received after October 31st are considered late and subject to a late fee of $50.
- How do I contact NMID regarding CE?
Calls pertaining to the receipt of your Course Completion Certificates or questions regarding your license course transcript 505-827-4601.
- If a resident license was previously held and needs to be reinstated, does the 15 hours need to be completed?
Yes, if you are previously a licensed resident you MUST complete the 15 hour CE requirements.
- How many times may I repeat a course and receive credit?
You must wait 3 years before repeating an approved course.
- How is a Grandfather exemption obtained?
If you have been licensed for a minimum of 25 years, you can request a Grandfather Exemption for continuing education. To apply for the Grandfather Exemption you must submit a notarized statement detailing the 25 years. Submit the letter with the $15.00 filing fee to:
New Mexico Insurance Division-Agents Licensing Bureau
PO Box 1269
Santa Fe NM 87504
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