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As the National Association of Professional Surplus Lines Offices (NAPSLO) prepares for its annual convention in San Diego Oct. 10-13, issues surrounding the implementation of the federal surplus-lines reform law will be very much on the minds of the excess and surplus-lines executives in attendance.

The law, the Nonadmitted and Reinsurance Reform Act (NRRA), was part of the Dodd-Frank financial-services reform law. It stipulates that the home state of an insured has exclusive authority to require payment of premium tax for nonadmitted insurance. 

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