Category: Executive Committee

Florida Office of Insurance Regulation General Counsel Steve Parton Named to New NAIC Surplus Lines Clearinghouse Implementation Subgroup; First Meeting Scheduled for February 1

Jan 26, 2011

Established at the January 6, 2011 meeting of the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force (“Task Force”) to focus on the operational details needed to create a national clearinghouse to implement the proposed Nonadmitted Insurance …

National Association of Insurance Commissioners Surplus Lines Implementation Task Force Amends, Approves Nonadmitted Insurance Multistate Agreement (NIMA); NAIC Executive Committee To Vote December 16

Dec 9, 2010

  After approving the “concept” of the Nonadmitted Insurance Multistate Agreement (“NIMA”) during its most recent meeting, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force  (“Task Force”) amended and approved NIMA yesterday, December 8, 2010. Meeting …

National Association of Insurance Commissioners Surplus Lines Implementation Task Force Meets Today, December 8; Additional Changes to Nonadmitted Insurance Multi-State Agreement to be Considered

Dec 8, 2010

  The National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force (“Task Force”) will meet today, December 8, 2010 at 3:30 p.m. (ET) to consider additional changes to the Non-admitted Insurance Multi-State Agreement (“NIMA”).  The Task Force voted …

National Association of Insurance Commissioners Surplus Lines Implementation Task Force Adopts Nonadmitted Insurance Multistate Agreement; Delaware Alternate Proposal Fails

Dec 2, 2010

  With a looming implementation deadline for the Non-admitted and Reinsurance Reform Act (“NRRA”) of 2010, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force  (“Task Force”) approved the “concept” of the Nonadmitted Insurance Multistate Agreement (“NIMA”) …

National Association of Insurance Commissioners Surplus Lines Implementation Task Force Adopts Nonadmitted Insurance Multistate Agreement; Delaware Alternate Proposal Fails

Dec 2, 2010

  With a looming implementation deadline for the Non-admitted and Reinsurance Reform Act (“NRRA”) of 2010, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force  (“Task Force”) approved the “concept” of the Nonadmitted Insurance Multistate Agreement (“NIMA”) …