Category: Surplus Lines

    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 …

  In a major development today, August 30, 2011, the Florida Surplus Lines Service Office (“FSLSO”) National Clearinghouse Committee (“Committee”) approved a proposal to provide both the technology platform and the operational and administrative services needed for the Nonadmitted Insurance …

  The Florida Surplus Lines Service Office (“FSLSO”) National Clearinghouse Committee (“Committee”) met today, August 25, 2011, to hear an update on the status of negotiations with a software provider should the FSLSO’s technology platform be chosen next week to …

  The Surplus Lines Insurance Multi-State Compliance Compact (“SLIMPACT”) Commission (“Commission”) met via Webinar on August 19, 2011, during which members elected Kentucky Insurance Commissioner Sharon Clark as Commission Interim Leader.  By straw vote, the Commission also opted to accept …

  The Florida Surplus Lines Service Office (“FSLSO”) National Clearinghouse Committee (“Committee”) met today, August 16, 2011, and voted unanimously to begin negotiations with Infinity Software (“Infinity”) to serve as the software licensee for the FSLSO’s technology platform, should it …

  The Florida Surplus Lines Service Office (“FSLSO”) National Clearinghouse Committee (“Committee”) will promote its technology platform on Friday, August 12, 2011 during a scheduled webinar presentation to representatives of states that have joined the Nonadmitted Insurance Multi-State Agreement (“NIMA”). …

  The Florida Surplus Lines Service Office (“FSLSO”) Board of Governors (“Board”) met July 27, 2011, during which it discussed the feasibility of providing Clearinghouse services for the Nonadmitted Insurance Multi-State Agreement (“NIMA”).  Proposed updates to the FSLSO Accounting and …

  The Florida Surplus Lines Service Office (“FSLSO”) held a National Clearinghouse Committee (“Committee”) meeting yesterday, August 4, 2011, to continue discussing its role in the operation of the Nonadmitted Insurance Multi-State Agreement (“NIMA”) Clearinghouse (“Clearinghouse”). The Clearinghouse will collect …

  The Surplus Lines Insurance Multi-State Compliance Compact (“SLIMPACT”) Commission (“Commission”) met via Webinar on July 29, 2011 to discuss proposed surplus lines tax allocation formulas  and review draft Commission bylaws and rulemaking-related markups that were unofficially approved during the …

  The Florida Surplus Lines Service Office (“FSLSO”) held a National Clearinghouse Committee (“Committee”) meeting today, July 21, 2011, to decide what recommendations it will make to the FSLSO’s Board of Governors (“Board”) next week.  The recommendations concern continuing discussions …