Bulletin 2012-3 was issued by the Mississippi Insurance Department on May 11, 2012, to provide guidance to surplus lines insurance producers concerning the reporting, payment, collection and allocati...
On May 2, the Georgia Governor signed legislation updating Georgia law to require the use of Georgia’s tax rate on multi-state surplus lines policies where Georgia is the insured’s home state, unless...
The Institutes, in collaboration with NAPSLO, have developed a new online course titled Surplus Lines Fundamentals.The course was created based on recommendations from NAPSLO to produce an “Excess &a...
NAPSLO has received notice of several states’ withdrawals from the Nonadmitted Insurance Multi-State Agreement (NIMA). Specifically, as reported in a Q&A on surplus lines taxes from the State of ...
Oklahoma recently enacted new legislation to clarify a number of issues with the surplus lines code and require the state’s tax rate to be used for multi-state policies written after the July 21, 201...
In a March 8, 2012 decision, the State of New York Supreme Court, Appellate Division, Third Judicial Department ruled that New York’s Regulation 194 is a reasonable exercise of the New York Insurance...
Colorado became the third state in 2012 to pass Nonadmitted and Reinsurance Reform Act enabling legislation among states that did not act in 2011. Colorado H 1215 contains many of the NRRA provisions...
Kentucky has enacted SB 295 to update its surplus lines code to add provisions to conform to the Nonadmitted and Reinsurance Reform Act (NRRA). Specifically, H 295 adds NRRA definitions of ...
The National Association of Professional Surplus Lines Offices, Ltd. (NAPSLO) currently has an opening for a Director of Government Relations in its Kansas City, Missouri headquarters office.The prim...
Registration is now underway for the 2012 NAPSLO E&S School, scheduled to take place June 11-14 at the Eric P. Newman Education Center in St Louis.The deadline to register for the school is May 7...
With the signing of Senate Bill 378, Wisconsin is the second state to pass Nonadmitted and Reinsurance Reform Act legislation among states that did not take action in 2011. The Wisconsin Governor sig...
The registration deadline for the NAPSLO Executive Leadership School, set for April 23-26 at the University of Virginia Darden School of Business in Charlottesville, has been extended to April 13 as ...
Iowa became the first state in 2012 to adopt Nonadmitted and Reinsurance Reform Act related legislation among the states that did not take action in 2011. The Iowa Governor signed into law HF 2145 on...
The deadline for the 2012 NAPSLO Marketing Campaign Award competition, conducted in partnership with the Insurance Marketing and Communications Associations Showcase Awards Program, is April 2.The IM...
The registration deadline for the NAPSLO Executive Leadership School, set for April 23-26 at the University of Virginia Darden School of Business in Charlottesville, is April 2 and NAPSLO members are...
The Texas Comptroller of Public Accounts announced it will oversee a limited Tax Amnesty Program to run from June 12 to Aug. 17, 2012.Under the “Fresh Start” program, the Comptroller will waive penal...
The Wyoming Governor has signed into law House Bill 15, which incorporates several provisions of the Nonadmitted and Reinsurance Reform act (NRRA) as well as exclusive home state regulation provision...
NAPSLOs actions on implementation of the Nonadmitted and Reinsurance Reform Act (NRRA) are highlighted in the March issue of the American Agent & Broker magazine in an article by Executive Direct...
The Michigan, Office of Financial and Insurance Regulation (OFIR) has issued a notice that the method of accepting surplus lines taxes is changing. In the February 21 notice, Michigan announced...
Ron Rothert, founder of Rothert Insurance, Inc. of Portland, Oregon, passed away on February 26 and services begin this weekend.The viewing is at Donelson-Fir Lawn Memorial Center in Hillsboro,...
Registration is underway for the NAPSLO Executive Leadership School, set for April 23-26 at the University of Virginia Darden School of Business in Charlottesville. The school is an intense three-day...
The Retail Agents Subgroup of the Joint E&S Workgroup is in the process of surveying managing general agents and wholesaler brokers to ascertain the extent to which they are addressing major work...
David F. Anderson, who founded NAPSLO member Anderson & Murison, Inc. in 1965 and served as chairman at the time of his death, passed away on February 12.A visitation will be on Wednesday, Februa...
NAPSLO and the Insurance Marketing and Communications Association (IMCA) have again joined to offer an award for marketing efforts by NAPSLO members.The 2012 NAPSLO Marketing Awards, in partnership w...
NAPSLOs new online compliance course, the NAPSLO Surplus Lines Compliance Course, is now available for continuing education credit in all 50 states. This course, offered through NAPSLO and Success CE...
Due to the prominence afforded the Quarterly Listing of Alien Insurers in the Nonadmitted Insurance title of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the National Association of...
The California Insurance Commission has issued Bulletin No. 2012-1 outlining the state’s 2012 Export Lists, noting that no new items were added to the export list.The Department noted that risks and ...
The Hawaii Department of Commerce & Consumer Affairs Insurance section has issued a set of Frequently Asked Questions regarding the payment of surplus lines taxes.Among the areas the questions re...
The 14 stamping offices in the United States processed $19.3 billion in surplus lines premium in 2011, an increase of 4.1% over the prior year, according to a report issued by the Surplus Lines Stamp...
The Montana Commissioner of Securities & Insurance has issued an advisory memorandum notifying surplus lines agents that surplus lines tax payments for calendar year 2011 surplus lines filings ar...
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