Regulatory Alerts2024-08-07 | DOF 5735428Added
Modifying Circular 10/23 of the Single Insurance and Surety Circular
The National Commission of Insurance and Sureties amends Section 32.10.10 of the Single Insurance and Surety Circular to require individual insurance agents to submit their professional liability insurance policy and payment proof within thirty natural days of obtaining authorization. The amendment mandates that these documents be submitted via the Citas y Registro de Personas System during certificate renewal or new authorization processes. Failure to comply with this submission requirement results in the suspension of the agent's certificate until the obligation is fulfilled. The circular enters into force sixty natural days after its publication in the Official Journal of the Federation.