National Association of Insurance Commissioners (NAIC) Surplus Lines Implementation Task Force Issues Final Versions of Approved Nonadmitted Insurance Reform Sample Bulletin, Clearinghouse Plan of Operation Outline and Model Nonadmitted Insurance Premium

Final versions of Nonadmitted Insurance Multi-State Agreement (“NIMA”)-related documents approved during the June 10, 2011 Surplus Lines Implementation Task Force conference call have been distributed by the National Association of Insurance Commissioners.

These include:

• The Nonadmitted Insurance Reform Sample Bulletin
• The Outline for a Clearinghouse Plan of Operation for recommendation to NIMA Participating States
• The model Nonadmitted Insurance Premium Tax Clearinghouse Access Agreement, also for recommendation to NIMA Participating States.

To access a summary of the June 10 meeting, click here.

Should you have any questions or comments, please contact Colodny Fass.

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