Category: Executive Committee

National Association of Insurance Commissioners Surplus Lines Implementation Task Force Meets Today, December 1; Revised Nonadmitted Insurance Multi-State Agreement to be Considered for Adoption

Dec 1, 2010

    The National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force (“Task Force”) meets today at 4:30 p.m. (ET) via teleconference to consider adopting the Nonadmitted Insurance Multi-State Agreement (“NIMA”), which has been redrafted several times during …

National Association of Insurance Commissioners Surplus Lines Implementation Task Force Non-Admitted Insurance Multi-State Agreement Debate To Continue on December 1, 2010

Nov 22, 2010

  To ensure language in the proposed Non-admitted Insurance Multi-State Agreement (“NIMA”) is precise, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force (“Task Force”) will continue its work during a teleconference scheduled for December 1 at …

Florida Says Constitutional Issues May Preclude Joining National Surplus Lines Compact; NAIC Surplus Lines Reform Implementation Task Force Debates Guiding Principles, Merits of International Fuel Tax Agreement Versus SLIMPACT

Sep 15, 2010

  Citing possible constitutional issues with compacting as the reason behind her statement that Florida would not join the proposed Surplus Lines Insurance Multi-State Compliance Compact (“SLIMPACT”), Florida Office of Insurance Regulation Deputy General Counsel Susan Dawson reviewed the State’s …