Final answer:
Termination of a producer's certificate of appointment can occur due to license expiration, termination by the appointing insurer, or license suspension/revocation by the Department of Insurance. A new Commissioner or Director being put into office, however, does not terminate the certificate.
Step-by-step explanation:
Termination of a producer's certificate of appointment can occur under several circumstances, but there is one event that will not result in termination: d) A new Commissioner or Director is put into office.
Termination can occur if a producer's license expires and is not renewed, if a termination is issued by the appointing insurer, or if a producer's license is suspended or revoked by the Department of Insurance.
For example, if a producer fails to renew their license or has their license suspended due to misconduct, their certificate of appointment would be terminated.