How often must surplus lines brokers renew their licenses in Missouri?

Study for the Missouri Surplus Lines Exam with engaging quizzes. Use flashcards and multiple choice questions, complete with hints and explanations. Prepare confidently for your exam!

In Missouri, surplus lines brokers are required to renew their licenses every two years. This biennial renewal aligns with regulatory practices to ensure that brokers maintain up-to-date knowledge of industry practices, compliance regulations, and any changes in the law that may affect surplus lines insurance. By requiring renewals every two years, the state can effectively monitor the activities of brokers and ensure they meet the necessary qualifications to operate within the surplus lines market. This requirement helps protect consumers and maintain the integrity of the insurance market.

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