NAPSLO weighs in on NIMA

As the first year of the Surplus Lines Clearinghouse comes to a close, NAPSLO reasserts its opposition to tax sharing in an article published by PropertyCasualty360.com. Brady Kelley, NAPSLO Executive Director, was contacted to explain NAPSLO’s position on tax sharing for the piece posted yesterday. Kelley illustrates NAPSLO’s belief that the cost of tax sharing would far exceed the benefit to states because of the immaterial amount of tax under debate.

You can read the full story online here.