News‎ > ‎

New EPIC Feature in Minnesota & North Dakota

posted Feb 11, 2013, 7:40 AM by web admin   [ updated Feb 11, 2013, 7:41 AM ]

February 11, 2013 

RE: AGENCY LICENSES AND INDIVIDUAL PRODUCER LICENSES    


ATGF is proud to announce a new feature in EPIC that will assist Agents with insurance licensing compliance.  EPIC will now monitor license status and let users know when it is time to renew.

Effective Monday February 11, 2013, the following enhanced functions will be implemented on the EPIC System:

1. EPIC will display expiration warning messages 60 days prior to the expiration date for both an individual producer license and an agency license. Please e-mail mvarani@atgf.net after renewal and the new expiration date will be entered into EPIC.  The warning message will go away.

2. In the event a license expires, Agents may continue to login to their EPIC accounts.  Users may edit existing files and create new files, but users will lack the ability to issue commitments,  policies or change endorsements until ATGF receives the renewed license information.  This will ensure Agents and ATGF are in compliance with Minnesota and North Dakota insurance law requirements.

3. As a reminder, Minnesota and North Dakota law requires an Agent to have a valid individual Insurance Producer License and Underwriter Appointment at all times, together with an Agency License, if necessary.

Failure to timely renew an individual Insurance Producer License will result in immediate and automatic termination of the underwriter appointment by operation of law. Upon termination of an appointment, an Agent is not legally authorized to issue any title insurance products.

For Minnesota Agents, renewals must be completed online via the Sircon website (http://www.sircon.com/resource/layout.jsp?page=minnesotaLps&type=minnesota)

For North Dakota Agents, renewals must be completed via the instructions on the North Dakota Insurance Department website (http://www.nd.gov/ndins/producer/resident-licensing-and-continuing-education/resident-renewal/).

4. ATGF is obligated to keep your license and renewal information on file.  We have added this new license tracking feature to EPIC to assist both Agents and ATGF in keeping licenses current.

Please forward this information to the appropriate staff within your office.  If you have any questions or concerns, please contact Mike Varani or Jeff Ronbeck at 952-938-3544 or 800-292-4104.

Comments