Category: Surplus Lines Task Force
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 …
Mar 5, 2013
The Surplus Lines Requirements Subgroup of the National Association of Insurance Commissioners’ (“NAIC”) Surplus Lines Task Force is scheduled to meet via teleconference on March 7, 2013, to discuss draft suggestions for promoting improved regulatory uniformity with regard to …
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 …
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 …
Sep 2, 2010
Pursuant to the Nonadmitted and Reinsurance Reform Act in Title V of H.R. 4173, the Dodd-Frank Act of 2010, the National Association of Insurance Commissioners (“NAIC”) has created the new Surplus Lines Implementation Task Force (“SLITF”) that will develop …
Aug 19, 2010
After undergoing development for the past two years, a Uniform Surplus Lines Reporting Form (“Form”) was presented at the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Task Force (“Task Force”) meeting during the Summer National Meeting yesterday, August …
Jan 28, 2009
The National Association of Insurance Commissioners (“NAIC”) Multi-State Surplus Lines Premium Tax Working Group (“Working Group”) held a meeting on January 28, 2009 in which it discussed issues relating to form commonality. It was established that different states and jurisdictions …