Who is responsible for notifying the Director of a change of address for a licensee?

The correct response highlights the personal responsibility of the licensee to keep the regulatory authority informed about their contact information. This requirement is a standard component of professional licensing in many fields, including insurance.

When a licensee changes their address, it's important for them to notify the Director to ensure that all correspondences, regulatory documents, and licensing updates reach them without delay. This helps maintain communication between the licensee and the regulatory body, thus ensuring compliance with state laws and regulations.

The other parties listed, while having their own responsibilities within the insurance framework, are not tasked with the obligation to report a change of address for a licensee. Insurers, beneficiaries, and policyholders have roles in the insurance transaction and coverage processes, but they do not hold the same direct accountability as the licensee in maintaining the accuracy of their own licensing information.