Property Casualty Insurers Association of America
Industry Issues | Surplus Lines Reform



PCI Advocacy Takes Strategic Approach Regarding Nonadmitted and Reinsurance Reform Act (NRRA)

The "Dodd-Frank Wall Street Reform and Consumer Protection Act" (DFA), incorporated significant changes for surplus lines regulation through the Nonadmitted and Reinsurance Reform Act (NRRA). Read summary.

The enactment of the long-awaited Nonadmitted and Reinsurance Reform Act will bring about the PCI-supported streamlining of the compliance aspects of the surplus lines insurance market and the resolution of conflicting state laws governing the placement, tax payment and allocation of premium for multistate surplus lines risks.

PCI is taking a strategic approach to this issue and will continue to work closely with state legislatures, insurance departments and the NAIC to achieve uniform standards consistent with both the spirit and the letter of the act.

The next Surplus Lines Committee conference call will be held on Tuesday, April 15, 2014 at 1:00 p.m . CT.

For questions about NRRA, please contact David Kodama, senior director, research.


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State Implementation: Legislation & Regulation


NRRA State Implementation Legislation Chart | March 24, 2014

NRRA State Implementation Legislation Map | August 17, 2012

The Council's NRRA Compliance Guide | November 12, 2012

PCI State Enacted Law Bulletins - NRRA Implementation

NRRA State Implementation Bulletins - AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, KY, LA, ME, MD, MI, MN, MS, MO, MT

NRRA State Implementation Bulletins - NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, TX, UT, VT, VA, WA, WV, WI, WY
NIMA/SLIMPACT Updates   |   View all
NIMA Responds to Home State Tax Advocates for Surplus Lines

NIMA States Announce over $500M in Reported Premium to Clearinghouse

NIMA To Offer State Associate Memberships

FSLSO Releases NIMA National Clearinghouse Analysis

Federal Updates & Legislation   |   View all
GAO Report - Effects of the Nonadmitted and Reinsurance Reform Act of 2010

Nonadmitted and Reinsurance Reform Act (NRRA) - Summary

US Code - Title15-chapter108-subchapterI - Nonadmitted Insurance (NRRA)

H. R. 4173 - Title V Subtitle B - Nonadmitted and Reinsurance Reform Act (NRRA)



Bulletins & News Releases   |   View all
PCI Applauds House Passage of NARAB II

New York DFS Proposed Amendments to Regulation 41 Prompts PCI Comment

PCI Surplus Lines Committee to Discuss NRRA at Annual Fall Meeting

Senate Banking Committee Advances NARAB II

Background & Resources   |   View all
A.M. Best Special Report - U.S. Surplus Lines Market Review

Surplus Lines Reporting & Eligibility Requirements

Edwards Wildman Palmer LLP - Excess and Surplus Lines Law Manual
The Excess and Surplus Lines Law Manual is compiled and provided by: Edwards Wildman Palmer LLP (http://www.edwardswildman.com). For future updates to this publication, or any inquiries concerning this publication, contact John Dearie of Edwards Wildman Palmer LLP at jdearie@edwardswildman.com.