(a) Applicability.

1. (1) This part shall apply to insurance producers, including original license applicants or currently licensed applicants seeking an additional line of authority, which for purposes of this part shall be deemed to include all who are referred to collectively as insurance producers ("producers") under the Producer Licensing Model Act, Arkansas Code § 23-64-501 et seq.

2. (2) This part shall also apply to all applicants seeking a license as:

   1. (A) An insurance adjuster;
   2. (B)

(i) A health maintenance organization (HMO) producer or as a producer for a limited benefit health maintenance organization, except those specifically exempted pursuant to the provisions of Arkansas law.

1. (ii) This part is intended to complement the provisions of Agent License for Health Maintenance Organizations, 23 CAR pt. 95, but is not intended to supersede it;

   1. (C) A fraternal benefit society producer, except those specifically exempted pursuant to the provisions of Arkansas law; and
   2. (D) A producer for a hospital or medical service corporation.
2. (3) All applicants who are producers or adjusters from another state, and who are not licensed as a producer or adjuster under the Producer Licensing Model Act, Arkansas Code § 23-65-501 et seq., shall be required to comply with this part in order to secure any new resident or nonresident producer or adjuster license.

(b) Exemptions. The following are exempt from this part:

1. (1) Insurance consultants, pursuant to Arkansas Code § 23-64-202(b)(2)(A)(iii)(d);
2. (2) Surplus line brokers licensed pursuant to Arkansas Code § 23-65-301 and Surplus Line Insurance, 23 CAR pt. 201, and exempted pursuant to Arkansas Code § 23-64-501(c);

3. (3) Applicants licensed as a producer or adjuster in good standing in another state under the Producer Licensing Model Act who:

   1. (A) Thereafter move to Arkansas;
   2. (B) Establish residency within the period required under Arkansas law; and
   3. (C) Thereafter apply for a resident producer or adjuster license; and
4. (4) Applicants for an adjuster license holding a current certification issued by a national or state claims association that is a continuing education provider approved by the Insurance Commissioner.