NU Online News Service, July 3, 10:36 a.m., EDT
Nevada has become the latest state to withdraw from the Nonadmitted Insurance Multistate Agreement (NIMA), leaving only five states and Puerto Rico as members.
The decision prompted the Council of Insurance Agents and Brokers to declare the effort of the states to establish a uniform allocation system for surplus lines premium taxes "a clear failure."
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
