How many days does a producer have to notify the commissioner of a change of name or address?

The correct answer indicates that a producer is required to notify the commissioner of a change of name or address within 10 days. This timeframe is significant because it ensures that the regulatory authority maintains up-to-date and accurate records on licensed producers. Timely notification helps prevent any disruptions in the producer's ability to conduct business and ensures that all communications, licensing information, and regulatory updates are properly directed.

The requirement for prompt notification also reflects the broader principle of transparency and accountability in the insurance industry. Keeping information current helps protect consumers by ensuring that they can reach producers easily and that the producers can fulfill their duties and obligations without unnecessary delay.