Monday, April 30, 2012

Important Message Regarding NIMA

NAPSLO has received notice of several states’ withdrawals from the Nonadmitted Insurance Multi-State Agreement (NIMA). Specifically, as reported in a Q&A on surplus lines taxes from the State of Hawaii on April 26th, the States of Connecticut, Mississippi and Alaska have submitted notice of withdrawal from NIMA.

NAPSLO will be reaching out to the remaining NIMA members (Florida, Hawaii, Louisiana, Nevada, Puerto Rico, South Dakota, Utah and Wyoming) to seek additional information and guidance for NIMA’s targeted July 1, 2012 effective date.

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