Category: Nonadmitted Insurance Multi-State Agreement (NIMA)

National Insurance Multi-State Agreement (NIMA) To Dissolve

May 3, 2016

  The National Association of Professional Surplus Lines Offices (“NAPSLO”) advised today, May 3, 2016, that the Non-Admitted Insurance Multi-State Association unanimously decided to dissolve the National Insurance Multi-State Agreement (“NIMA”).  The announcement states that a “wind-down” plan was adopted …

Florida Withdraws from NIMA Effective June 1, 2016

Apr 14, 2016

  By Jennifer C. Erdelyi, Senior Associate The Florida Surplus Lines Service Office (“FSLSO”) issued Bulletin 2016-03 today, April 14, 2016, stating that Florida has withdrawn from the Nonadmitted Insurance Multi-State Agreement (“NIMA”) effective June 1, 2016.   The Bulletin also provides guidance …