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Minnesota Extends Agent Licenses Three Months

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NU Online News Service, Oct. 16, 12:05 p.m. – Minnesota insurance regulators are giving a three-month extension to the 34,000 insurance agents in the state whose licenses were set to expire Oct. 31.

The licenses will now remain in effect until Jan. 29, 2002, because a public employee strike that just ended has prevented the state Department of Commerce from processing license renewals, regulators say.

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The extension applies only to agents who submit the necessary license renewal forms and fees to regulators by Oct. 31.

Minnesota insurance agent licenses are effective for two years.