The Non-Admitted Insurance Multi-State Agreement has adopted the revenue-sharing agreement of a rival compact in an apparent effort to jumpstart creation of a uniform system to implement a premium-tax-sharing component of the federal surplus-lines reform law.
The Non-Admitted Insurance Multi-State Agreement has adopted the revenue-sharing agreement of a rival compact in an apparent effort to jumpstart creation of a uniform system to implement a premium-tax-sharing component of the federal surplus-lines reform law.
Three states are dropping out of the Nonadmitted Insurance Multistate Agreement tax-sharing compact, but Florida state officials say this will not interfere with the compacts implementation date.
Three states are dropping out of the Nonadmitted Insurance Multistate Agreement tax-sharing compact, but Florida state officials say this will not interfere with the compacts implementation date.
The clearinghouse that is the core of the Nonadmitted Insurance Multistate Agreement (NIMA) tax-sharing compact is set to begin operation July 1, according to the 11 states and territories that comprise it.
The battle between the National Risk Retention Association and the Government Accountability Office rages on as the private group has publicly criticized a GAO report calling for clarification of a federal law regulating risk retention groups.
The battle between the National Risk Retention Association and the Government Accountability Office rages on as the private group has publicly criticized a GAO report calling for clarification of a federal law regulating risk retention groups.
The clearinghouse that is the core of the Nonadmitted Insurance Multi-State Agreement tax-sharing compact is set to begin operation July 1, the 11 states and territories that comprise it announced this week.
The clearinghouse that is the core of the Nonadmitted Insurance Multi-State Agreement tax-sharing compact is set to begin operation July 1, the 11 states and territories that comprise it announced this week.
Wisconsin, which did not take action on implementing the federal Nonadmitted and Reinsurance Reform Act last year, has now passed such legislation, a National Association of Professional Surplus Lines Offices bulletin states.