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To:Premium Finance Companies Licensed in TennesseeFrom:David Oxford, Chief Administrator/Compliance Divisional:February 27, 2019Re:Change in Licensing Year and Transition to Nationwide Multistate
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Research and identify premium finance companies that are licensed in your jurisdiction.
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Premium finance companies licensed are entities that offer loans to individuals and businesses to help them pay for insurance premiums.
Premium finance companies licensed need to be filed by the insurance companies that offer premium financing services.
To fill out premium finance companies licensed, the insurance company must provide information about their premium financing operations, such as the number of loans issued and the interest rates charged.
The purpose of premium finance companies licensed is to regulate and monitor the operations of premium finance companies to protect consumers and ensure compliance with insurance laws.
Premium finance companies licensed must report information such as the number of loans issued, interest rates charged, and any complaints received from consumers.
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