If a licensee wants to use a fictitious name, what must they do?

When a licensee wishes to use a fictitious name, they are required to notify the department in writing and obtain consent. This process ensures that the name is officially recognized and is in compliance with regulations that govern the insurance industry. By obtaining consent, the licensee demonstrates adherence to legal and professional standards, thereby fostering trust with clients and regulatory bodies.

Using a fictitious name without permission can lead to legal complications and issues with regulatory compliance. Similarly, merely registering the name without notifying the department is insufficient, as approval from the relevant authority is essential. Changing an existing license to reflect a fictitious name would not be the proper procedure for using that name in business, as the requirement focuses instead on notification and gaining consent prior to utilizing the name in any professional context.