As the non-admitted industry and the interest of its members in federal regulatory and legislative issues continues to grow, so does the federal Political Action Committee (PAC) of its trade group, the National Association of Surplus Lines Offices Ltd. (NAPSLO).
NAPSLO officials are voicing strong support for the enactment of federal legislation that would create a national clearinghouse that would serve as a one-stop licensing system for agents and brokers operating outside of their home state.
NAPSLO officials are voicing strong support for the enactment of federal legislation that would create a national clearinghouse that would serve as a one-stop licensing system for agents and brokers operating outside of their home state.
Reported premium in the Non-Admitted Insurance Multi-State Agreement exceeds more than $500 million in the year since the Surplus Lines Clearinghouse became operational a year ago, NIMA Inc. reported Tuesday.
Reported premium in the Non-Admitted Insurance Multi-State Agreement exceeds more than $500 million in the year since the Surplus Lines Clearinghouse became operational a year ago, NIMA Inc. reported Tuesday.
A federal appellate court has upheld the authority of risk retention groups to provide commercial liability insurance, except workers compensation, without being licensed in every state.
A federal appellate court has upheld the authority of risk retention groups to provide commercial liability insurance, except workers compensation, without being licensed in every state.
The Nonadmitted Insurance Multistate Agreement is now offering states an associate membership at no cost for one year, banking on the prospect that states will see that they are leaving money on the table, and join up.
The Nonadmitted Insurance Multistate Agreement is now offering states an associate membership at no cost for one year, banking on the prospect that states will see that they are leaving money on the table, and join up.
The NAIC will be conducting a survey, at the request of the Federal Insurance Office, on a part of the Nonadmitted and Reinsurance Reform Act of 2010 to gather information on access to reinsurance information.