Whenever we attend an industry trade show, we always get questions regarding surplus lines insurance licensing. It seems to be one of those topics that is misunderstood and yet vital [...]
The Alaska Division of insurance modified the reporting requirements for all surplus lines transactions starting in 2013. All new and renewal policies effective January l, 2013 and later including all [...]
Phase II release of the Clearinghouse filing platform will be released at the end of the 3rd quarter. On October 1, 2012, customers who reported business to the Clearinghouse between [...]
NRRA encourages states to join a compact or some other agreement which would provide uniform, nationwide collection and distribution of premium taxes to states based on allocation according to location [...]
The Massachusetts Division of Insurance is using National Insurance Producer Registry (“NIPR”) for both original surplus lines broker applications and surplus lines broker license renewals. The Division will continue to [...]
South Dakota joined the Nonadmitted Insurance Multi-State Agreement (NIMA). All multi-state surplus lines policies issued or renewed on or after July 1, 2012, and any subsequent endorsements to those policies [...]
The Connecticut Insurance Department, Licensing Division, is changing the way it accepts surplus lines taxes and surplus lines affidavits. The Department is eliminating paper filings. a. Surplus Lines Taxes Beginning [...]
Effective July 1, 2012, all non-admitted business written in Georgia with an effective date on or after July 1, 2012, where Georgia is the HOME state, will be taxed per [...]
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 [...]
The North Dakota Insurance Department deadline for TPA, Consultant and Surplus Lines producer license renewals is on or before April 30, 2012. Insurance companies must also submit the appointment renewal [...]
