Category: National News

  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 …

  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”) …

  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”) …

    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 …

  The National Association of Insurance Commissioners held its 2010 Fall National Meeting in Orlando, Florida from October 18-21. Various news releases emanating from meeting actions are listed below. Committee meeting summaries follow, some of which include access to complete …

  The National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force has scheduled a conference call for 4:30 p.m. (EST) on Wednesday, December 1, 2010 to discuss the most recent revision of the Nonadmitted Insurance Multi-State Agreement (“NIMA”). …

  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 …

  Attending legislators at the November 18-21 National Conference of Insurance Legislators (“NCOIL”) 2010 Annual Meeting adopted a “slimmed-down” version of the Surplus Lines Insurance Multi-State Compliance Compact after it was approved on November 18 by NCOIL’s State-Federal Relations Committee. …

  After consideration of a revised draft of the Surplus Lines Insurance Multi-State Compliance Compact (“SLIMPACT-Lite”) proposal this afternoon, the National Conference of Insurance Legislators (“NCOIL”) State-Federal Relations Committee (“Committee”) ultimately adopted two resolutions regarding compliance with the Non-Admitted Reinsurance …

  At the National Conference of Insurance Legislators (“NCOIL”) Annual Meeting today, November 19, 2010, state legislators and regulators discussed options for addressing mandates in the Non-Admitted Reinsurance Reform Act of 2010 (“NRRA”), which is part of the recently passed …