Continuing Education Fee Information
The superintendent shall charge, at the time of certifying each licensee’s continuing education credits as a condition of continuation of the license, a fee of one dollar ($1.00) per credit hour.
A fifty dollar ($50.00) penalty will be assessed for a licensee’s failure to timely report continuing education credits.
Requirements for Licensees - Transition and reporting after July 1, 2017
“Licensee” means an Insurance producer, limited surety agent, solicitor, bail bond solicitor, property bondsman, staff adjuster, independent adjuster and public adjuster.
- Hours required annually for licenses issued prior to July 1, 2017.
- Title licensees shall complete seven credit hours of approved courses covering title insurance by April 30, 2018.
- All other licensees shall complete 15 credit hours of approved courses covering some or all of the kinds of insurance for which they are licensed by April 30, 2018.
- Adjusters are exempt for the first renewal cycle of April 30. 2018.
Transition and reporting after July 1, 2017.
- A minimum of three hours of continuing education course hours for each compliance period must be earned through participation in a formal classroom or in another learning format that permits the student to interact with a live instructor. Licensees are responsible for tracking this requirement and are subject to audit by the superintendent.
- All continuing education courses must be completed and reported prior to renewal of the license. Licensees who fail to complete the required continuing education courses will not be permitted to renew the license, which will result in immediate termination of the license,
- All licensees must complete a minimum of three hours of credits in ethics during each compliance period. Ethics credit hours may be included toward the total credit hour requirement for each license type.
- Title insurance licensees shall complete ten credit hours of approved courses covering title insurance. At least three credit hours must specifically cover the proper handling of escrow funds. These three hours can also be used to satisfy the requirement for three credit hours in ethics.
- Limited surety agents, property bondsmen, solicitors and bail bond solicitors shall complete 14 hours of approved courses covering the Bail Bondsmen Licensing Law, Sections 59A-1-1 et seq. NMSA 1978 and related regulations during each two-year compliance period.
- All other licensees shall complete 24 credit hours of approved courses covering some or all of the kinds of insurance for which they are licensed during each compliance period. Licensees who transact insurance under multiple lines of authority are only required to satisfy a single 24 hour continuing education requirement for each compliance period.
- Adjusters who are licensed prior to July 1, 2017 must satisfy continuing education credits prior to renewal of licenses beginning with the first biennial renewal cycle occurring after April 30, 2018.
- No carry-over. No licensee may carry over credit hours earned in one compliance year to the next compliance year.
- 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.
- Non-resident licensees are not required to complete continuing education if the home-state requires equivalent continuing education and the licensee has complied with the continuing education requirements of the home-state, pursuant to the provisions of Section 59A-11-23 NMSA 1978.
All continuing education courses must be completed and reported by the provider to the superintendent prior to renewal of the license. Licensees who fail to complete the required continuing education courses will not be permitted to renew the license, which will result in immediate termination of the license.
Licenses issued prior to July 1, 2017
For individual licensees who were issued or who renewed a one-year agent, broker, or solicitor license prior to July 1, 2017, the licensee must be renewed for a biennial insurance producer license by April 30, 2018. Prior to that renewal, the individual licensee must have completed 15 hours of continuing education courses, including 1 hour of ethics, as was required at the time the license was issued or renewed. Title agents complete 7 hours of continuing education courses including 1 hour of ethics.
Licenses issued after July 1, 2017
For all biennial insurance producer licenses issued after July 1, 2017, the insurance producer shall renew on the last day of the second birth month following the issue of the license. Prior to renewal, licensees shall complete the required number of continuing education courses; Title 10 hours; Bail 14 hours; all other licensees 24 hours. The compliance period for completion of continuing education courses in the period between issuance of the license and renewal on or before the last day of the licensees second birth month following issue.
Continuing Education - Grandfather Exemption
Any licensee, that has been continuously licensed and in good standing for 25 years or more without a lapse of more than 90 days, is eligible to apply for a Grandfather Exemption.
To apply for the Grandfather Exemption you must submit a written request (letter) with a description of your 25-year insurance experience. Please list your license number on your request. Send your request to Producer Licensing Bureau, PO Box 1689, Santa Fe, NM 87504
Continuing Education Extensions
Licensees who meet the criteria of illness, medical disability, military deployment or circumstances beyond the control of the licensee may apply for an extension of time to complete their continuing education requirement or a waiver, in whole or in part, of the continuing education requirement.
- The superintendent shall establish the duration of the extension when it is granted.
- If the circumstances supporting the extension continue beyond the granted extension period, the licensee may reapply for an extension.
- The licensee must request the extension prior to the end of the compliance period for which it applies, using the form available on the OSI website.
- Licensees called to active military service in a combat theater, may apply for an exemption from or an extension of time for meeting the continuing education requirements or extending their license renewal. The licensee must request the extension or waiver prior to the end of the compliance period, using the form available on the OSI website.
The New Mexico Office of Superintendent of Insurance (OSI) requires Education Providers to submit course application, course rosters, instructor applications, and course offerings through the State Based Systems (SBS).
For more information click Education Providers Web Info
Print CE Transcript
A licensee may view/print their CE transcript online.
CE providers have 10 business days to submit course completions. Contact the CE provider if you have questions or concerns about a course completion.
OSI does not accept CE certificates as proof that a licensee has completed a course.
- Access State Based Systems
- Under Step 1: Select your jurisdiction: New Mexico
- Click on Print Education Transcript and enter the required information