Category: Surplus Lines Task Force

National Association of Insurance Commissioners (NAIC) Surplus Lines Requirements Subgroup to Research Potential System for Brokers to Determine Insurer Eligiblity in Specific Jurisdictions

Mar 8, 2013

  The Surplus Lines Requirements Subgroup (“Subgroup”) of the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Task Force held a March 7, 2013 teleconference during which it was resolved that NAIC staff members would research the feasibility of creating …

NAIC Surplus Lines Implementation Task Force Releases Final Versions of Clearinghouse Plan of Operation Outline and Proposed Model Nonadmitted and Reinsurance Reform Act Advisory Bulletin

Jun 21, 2011

  After approving draft copies of key documents related to the Nonadmitted and Reinsurance Reform Act of 2010 and the Nonadmitted Multi-State Agreement (“NIMA”) at its June 10, 2011 teleconference meeting, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines …

NAIC Surplus Lines Implementation Task Force Adopts Clearinghouse Plan of Operation Outline and Proposed Model Nonadmitted and Reinsurance Reform Act Advisory Bulletin at June 10, 2011 Meeting

Jun 13, 2011

  At its June 10, 2011 teleconference, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force (“Task Force”) unanimously voted to adopt two key measures related to the Nonadmitted and Reinsurance Reform Act of 2010 (“NRRA”). Regulatory …