Category: Nonadmitted Insurance Multi-State Agreement (NIMA)
Jun 11, 2012
The Florida Surplus Lines Service Office (“FSLSO”) announced that the Nonadmitted Insurance Multi-State Agreement (“NIMA”) states met on June 5, 2012 and came to agreement on the following major issues: Taxation of Non-U.S. Premium: The NIMA states decided that …
May 4, 2012
Representatives from Mississippi, Connecticut and Alaska have confirmed that their states are withdrawing from the Non-Admitted Insurance Multi-State Agreement (NIMA), it was reported today, May 4, 2012, by National Underwriter’s PropertyCasualty360.com. The information was verified by a Florida Office of …
Jan 11, 2012
The following notice was issued by Nebraska Insurance Department Director Bruce R. Ramge announcing Nebraska’s March withdrawal from the Nonadmitted Insurance Multistate Agreement: On January 4, 2012, the Nebraska Department of Insurance notified Mississippi Insurance Commissioner Mike Chaney, chairman …
Oct 25, 2011
Unable to meet a looming November 15, 2011 deadline for the establishment of a Clearinghouse for the collection and distribution of surplus lines premium taxes, representatives of Nonadmitted Insurance Multi-State Agreement (“NIMA”) member states voted in an emergency session …
Sep 14, 2011
The Nonadmitted Insurance Multi-State Agreement (“NIMA”) Governing Committee (“Committee”) met via teleconference yesterday, September 13, 2011, during which it voted to approve amendments to the NIMA State Agreement. The Committee delayed a vote that would authorize the incorporation of …
Sep 13, 2011
The Nonadmitted Insurance Multi-State Agreement (“NIMA”) Governing Committee will hold a conference call today, September 13, 2011 at 3:30pm (ET). The agenda, a copy of which is attached for review, includes a final vote on amendments to the NIMA …
Sep 1, 2011
Above: Insurance Commissioners Mike Chaney, Merle Scheiber and Kevin McCarty will serve as NIMA’s first Governing Committee, the Florida Office of Insurance Regulation announced today. The Florida Office of Insurance Regulation announced today, September 1, 2011, that …