For more information, visit our section for Structured Settlement Transferees - http://www.maine.gov/pfr/insurance/regulated/individuals_bus_entities/structured_settlement/index.html

Structured Settlement Transferee FAQs
Topic Frequently Asked Questions
Print a License How do we print our license?
License Renewal How do we renew our license? What is the fee?
Change Contact Information How do we change our contact information?
Access Code How do we obtain our Access Code?
Terminate a License How do we terminate our license?
Submit an Application How do we submit an application?
Application Fees What are the application fees?
Business Entity Name Change Our business entity has had a name change.  What do we do?
Service of Process Are we required to provide Service of Process information?
Contacting the Licensing Section How do we contact the Licensing Sections?

Q: How do we print our license?

A: Maine is not currently set up to print licenses electronically.  The current process is for us to mail a hard copy of the license to the mailing address within two weeks of license approval.  Renewal licenses will only be sent upon request at renewal time.

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Q: How do we renew our license? What is the fee?

A: Renewals can be processed in paper only:

  • Please wait to receive your renewal invoice in the mail and follow the instructions on the invoice.  Invoices are mailed 6-8 weeks prior to the renewal due date.
  • Licenses cannot be renewed more than 60 days prior to the renewal date.
  • The renewal fee for both resident and non-resident Structured Settlement Transferees is $100.

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Q: How do we change our contact information?

A: Address/contact information can be changed 1 of 2 ways:

  1. Electronically via ALMS Online with an access code. This will change your information for Maine only.
  2. Via paper form which can be faxed, e-mailed or mailed to the Bureau of Insurance. This will change your information for Maine only.

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Q: How do we obtain our Access Code?

A: Access Codes are printed on all new licenses. If you do not have your access code, please submit your request via email at insurance.pfr@maine.gov or call 207-624-8475 and request Producer Licensing.

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Q: How do we terminate our license?

A: Please complete the Voluntary Termination form found on our website at http://www.maine.gov/pfr/insurance/regulated/individuals_bus_entities/producers/index.html#forms

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Q: How do we submit an application?

A:  Applications can be submitted by paper only and can be found on our website at http://www.maine.gov/pfr/insurance/regulated/individuals_bus_entities/structured_settlement/index.html#application Once completed, you may submit by email, fax or regular mail  (see below for contact information).

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Q: What are the application fees?

A: The initial license fee for both resident and non-resident portable electronic device vendors is $100.

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Q: Our business entity has had a name change.  What do we do?

A: If there is no change to the Federal Tax ID number (FEIN) for the entity, simply complete the Name Change form found on our website at http://www.maine.gov/pfr/insurance/regulated/individuals_bus_entities/structured_settlement/index.html#forms.  

There is no fee -UNLESS you want a new license printed- the fee is then $10.  If, however, there is a change to the FEIN, it is considered a new entity and you must go through the application process.

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Q:  Are we required to provide Service of Process information?

A:  Yes.  The entity must name a Service of Process contact located in Maine.  If the Service of Process information changes after becoming licensed, the entity will have 10 days to provide the updated information.

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Q: How do we contact the Licensing Section?

  • Licensing Supervisor – Pamela Roybal – 207-624-8408 – pamela.l.roybal@maine.gov
  • Licensing Attorney – Lindsay Laxon – 207-624-8429 – lindsay.j.laxon@maine.gov
  • Licensing Specialist – Debra Ayotte – 207-624-8413 – debra.j.ayotte@maine.gov
    • Debra can help with questions concerning Name Changes, Address Changes, Affiliations, Terminations, Resident to Non-Resident and general licensing questions.
  • Licensing Specialist – Vacant
  • CE Coordinator – Dawn Kilgore – 207-624-8411 – dawn.kilgore@maine.gov
    • Dawn can help with all questions related to Continuing Education as well as general licensing questions.
  • Insurance Claims Examiner – Tracy Cunningham – 207-624-8436 – tracy.a.cunningham@maine.gov
    • Tracy can help with questions related to electronic transactions, disclosures including criminal and administrative, enforcement actions and general licensing questions.
  • Mailing Address for regular mail: 34 SHS Augusta, ME  04333
  • Mailing Address for UPS, FedEx, Overnight: 76 Northern Ave. Gardiner, ME  04345
  • General Contact Info: insurance.pfr@maine.gov; Fax # 207-624-8599; Phone # 207-624-8475; Toll Free # In State Only 1-800-300-5000