The insurance regulatory authority of each state usually has a separate division that handles the licensing of agents and other insurance operatives. By statute and regulation, each state prescribes qualifications, and disqualifications for insurance licensure.
Conviction of a felony is typically a disqualifying factor. However, if a license is denied for this reason, there may be an appeal process which the applicant can use. If it exists, it may require him/her to show rehabilitation, restitution, or otherwise getting back on track. Thereafter, he/she may be able to get a probationary license for a period of time.
It would be extremely difficulty to overcome the felony conviction were it to have involved something connected to the transaction of insurance or securities.
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