Windsor, Conn. – Meeting compliance requirements is being blamed for a drop in licensing by independent life producers over the past two years. Almost one-third of independent producers surveyed by LIMRA International, a Windsor, Conn., industry association, dropped their Series 6 license over the past two years, according to a recent study.
The report, “Practice Management Support: Giving Producers What They Need,” reflects the results from LIMRA’s Producers Panel survey, which focused on members’ use of technology, the impact of compliance, professional development opportunities and the type of field support provided by their carriers and Broker-Dealers (B-D).
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