LITTLE ROCK – Arkansas Insurance Commissioner Allen Kerr today released the following statement announcing that he has issued over 50,000 new individual producer and adjuster licenses since taking over the Department in January 2015:
“Since becoming Commissioner, I have pointed the Arkansas Insurance Department toward fulfilling Governor Hutchinson’s vision of opening Arkansas up for business. I am please report that, as of June 1, we have added 50,476 new licensed individual producers and adjusters in Arkansas in a little over four years of work. Each license is another agent selling to an Arkansan or another adjuster helping our citizens with a claim.”
At the end of 2014, there were 87,380 individual licenses issued by the Department. By the end of 2018, that number had risen to 135,291. As of June 1, 2019, there were 137,856 licensed individual producers and adjusters in Arkansas.
Under Kerr, the Department has focused on offering agent training and education online. Additionally, the Department plans on moving to 100% online license renewals by the start of 2020.