Wednesday, February 26, 2014

The Washington Office of Insurance Commissioner Expands NIPR Applications to Surplus Lines Brokers

The Washington Office of Insurance Commissioner (OIC) announced the expansion of the online application process through the National Insurance Producer Registry (NIPR) in the state.  The OIC now permits new insurance license applications and renewals for resident surplus lines brokers and non-resident surplus lines brokers. You can access the NIPR service directly here. The expansion also applies to full lines for resident producers. 

With this announcement, Washington becomes the final state to accept surplus lines applications and renewals through NIPR. Now a broker applying for a new or renewal surplus lines license in multiple states may do so simultaneously for any and all states. When enacted, section 523 of the Nonadmitted and Reinsurance Reform Act (NRRA) of 2010 required all states to participate in a uniform national database for application and renewal of surplus lines broker licenses. NAPSLO is pleased all states are now participating in this national database, bringing our industry one step closer to the uniformity envisioned by the NRRA. 

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