Who does a licensed producer need to inform of a change in their address?

The correct response is that a licensed producer needs to inform the director of any change in their address. In Idaho, as in many other jurisdictions, the regulations require that licensed producers maintain up-to-date contact information with the regulatory authority overseeing insurance practices, which in this case is the director. This is crucial for ensuring that the producer can be reached for regulatory updates, license renewals, or any other official communication.

Keeping the director informed helps maintain compliance with state regulations and ensures that the integrity of the licensing system is upheld. This requirement is not just about maintaining a record; it also serves to protect consumers and ensure that licensed producers can be held accountable if necessary.

While notifying customers and the insurance company about address changes might seem prudent, it is not mandated by law in the same direct manner as informing the director. The insurance board typically oversees broader regulatory issues rather than individual member communications, further distinguishing the director's role in this specific context.