The Florida Surplus Lines Service Office has two webinars scheduled this month regarding understanding the Nonadmitted and Reinsurance Reform Act (NRRA).
The first webinar, Understanding More About the NRRA: Commonly Asked Questions and Possible Scenarios is scheduled for Friday, June 24 from 3:00 p.m. - 4:00 p.m. Eastern and is targeted towards agents.
This webinar is a follow-up to FSLSO's original webinar and will take a more in-depth look at how Florida's surplus lines agents' filing procedures will change as a result of the passage of SB 1816 and the implications of the NRRA. Additionally, this presentation will go over some of the more frequently-asked-questions being sent to FSLSO by the agent community, including common placement scenarios and filing questions.
The second webinar, Understanding the NRRA: What Insurers Should Know and How to Be Prepared, is set for Wednesday, June 29 from 2:30 p.m. - 3:30 p.m. Eastern and is targeted towards insurers.
The webinar will provide an overview of the NRRA, the NAIC's response through the Nonadmitted Insurance Multi-state Agreement (NIMA), and Florida's legislative initiatives outlined in SB 1816.
Additionally, this webinar will discuss the provisions of the NRRA that will affect Florida's surplus lines insurer force including changes to insurer filing procedures, insurer management systems, and additional staff training.
Links to registration to both webinars are available on the FSLSO website at http://www.fslso.com/statutes/leg/2010/fed/index.aspx.