Effective December 7, the changes:
- Require brokers file an affidavit and report of coverage with the Nevada Surplus Lines Association upon "extension of coverage" of a contract of insurance.
- Adjusts the fee paid to the stamping office to 0.4 percent of the amount subject to the fee.
- No longer require the stamping office to perform an annual survey of surplus lines insurance transactions involving major risks. The survey now only must be performed if requested by the Commissioner.