The Florida Surplus Lines Office signed Non-Admitted Insurance Multi-State Agreement (NIMA). NIMA will serve as a clearing house for collecting surplus lines premium tax payments in Florida. The agreement will begin [...]
Ohio requires any vendor who sells or leases portable electronic devices such as cell phones or electronic tablets, on or before March 22, 2012, to obtain a Limited Line Portable [...]
The New York Insurance Department has added Part 224.0 to its insurance regulations to have similar standards and provisions as the NAIC Annuity Suitability Model Law and NAIC Rule 2310. [...]
South Dakota SB 32 updates annuity suitability requirements by adopting the most recent changes to the National Association of Insurance Commissioners (NAIC) Model Law. One of the important changes is [...]
No Oregon licenses will be processed between April 26-May 7. The Oregon Insurance Division will begin using the NAIC’s State Based Systems on May 7. Licensing staff will be available [...]
Effective January 1, 2012, surplus lines agent licenses will be renewed for a two-year period ($120.00--plus any applicable retaliatory fee for nonresidents). Individuals will be mailed renewal notices for each [...]
The Michigan Office of Financial and Insurance Regulation (OFIR) will be eliminating the manual paper filing of surplus lines taxes and payments. Beginning July 1, 2012 Michigan OFIR will be [...]
Due to recent tornadoes and severe storms (“Disaster Events”) in several Indiana counties designated as disaster areas (“Impacted Areas”), the Indiana Department of Insurance has declared a: 60-day moratorium on [...]
North Carolina Brokers, Viatical Settlement Brokers , Corporations, Partnerships, Auto Rental and Self-storage Limited Licenses, Public Adjusting Business Entities and Portable Electronics Business Entities must go to www.nipr.com to complete [...]
Delaware resident business entities are required to renew their licenses by February 29, 2012. Renewal fees must be paid online at: www.nipr.com Penalties and Administrative Fines will be assessed if [...]
