A nonresident producer in Illinois just relocated to Indiana. What must the producer do regarding their address change?

A nonresident producer who has relocated to a different state, such as Indiana in this case, is required to file a change of address with the Illinois Department of Insurance within a specific timeframe, which is typically 30 days. This requirement ensures that the Department has up-to-date contact information for all licensed producers, facilitating effective communication and compliance with state insurance regulations. Failing to notify the Department can lead to issues such as lapses in licensure, difficulty in receiving necessary information, or other administrative challenges.

The other options are not necessary in this situation. There is no fee involved simply for changing an address; resubmitting a nonresident license application is not required unless there are changes to the producer's qualifications or if they wish to obtain a license in a new state. Lastly, doing nothing is not an option, as it would violate the requirement to maintain accurate and current records with the state licensing authority.