Insurers must report _________ of a producer and update the producer register with the Commissioner within 30 days of the effective date.

The requirement for insurers to report the termination of a producer and update the producer register with the Commissioner within 30 days of the effective date is primarily mandated to ensure that accurate and up-to-date records are maintained regarding licensed producers. This helps in regulating the insurance industry and ensuring that only those producers who are properly licensed and authorized to operate are listed.

When a producer's association with an insurer comes to an end, either due to dismissal, non-renewal, or any other reason, it is essential for the insurer to inform the Commissioner about this termination promptly. This action helps maintain the integrity of the producer register, which is crucial for monitoring compliance with licensing regulations and for protecting consumers. Furthermore, timely updates prevent the potential for misuse of the producer's license that may occur if such terminations are not reported.

This reporting requirement underscores the importance of accountability and transparency within the insurance industry, ensuring that both regulators and consumers have access to accurate information about producers and their current status within the industry.