X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

According to the National Association of Insurance Commissioners, only 17 states require fingerprints before approving hopeful producers with an insurance license. The states that perform less extensive background checks may be handing out licenses to less-than-favorable characters, Insurance Journal reports. In a recent survey by that magazine, of 26 state insurance departments, 11 say they use fingerprinting to weed out the really bad eggs. Of those 11, all of them say it has “definitely helped them identify producer hopefuls who have served prison time or had notable run-ins with the law.”

ThinkAdvisor

Join ThinkAdvisor

Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!

  • Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
  • Exclusive discounts on ALM and ThinkAdvisor events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join ThinkAdvisor

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.