The Michigan, Office of Financial and Insurance Regulation (OFIR) has issued a notice that the method of accepting surplus lines taxes is changing. In the February 21 notice, Michigan announced it will be moving forward with the elimination of the manual paper filing of surplus lines taxes and payments.
Beginning July 1, 2012 the Michigan OFIR said filing and payments will be made using the National Association of Insurance Commissioners (NAIC) OPTins (Online Premium Tax for Insurance) application. The notice said each individual or business entity submitting taxes will be required to transmit them electronically via ACH, credit or debit and that details are available on the NAIC OPTins website at http://www.optins.org.
The state said more information will be announced on its website and sent via email soon and encouraged each licensee to ensure the email address on file with our office is current to ensure receipt of future notifications regarding the new OPTins filing process. Firms confirm the email address by contacting OFIR toll free at 877/999-6442.
Thursday, March 08, 2012
Thursday, March 01, 2012
NAPSLO Notes Passing of Ron Rothert, Former Surplus Lines Executive
Ron Rothert, founder of Rothert Insurance, Inc. of Portland, Oregon, passed away on February 26 and services begin this weekend.
The viewing is at Donelson-Fir Lawn Memorial Center in Hillsboro, Oregon from 2:00 p.m. until 5:00 p.m. on Saturday, March 3 and Sunday, March 4.
Recitation of the Rosary Monday, is March 5 at 10:30 a.m. followed by funeral Mass at 11:00 a.m. at St. Matthew Catholic Church in Hillsboro. Committal 11:30 a.m. on Tuesday March 6 at Willamette National Cemetery in Portland.
Founded in 1961, Rothert Insurance, Inc. was originally an independent retail agency providing products and services in Portland, Oregon. As the agency grew, Ron began marketing specialty products as a Managing General Agent (MGA). The MGA product line grew to include both Personal and Commercial Lines. Incorporating in 1970, Ron sold his retail book of business in 1977 and went solely into the MGA side of the marketplace, writing business in both Oregon and Washington. Two of Ron's sons came into the business in 1979, and Ron retired in 1985.
The viewing is at Donelson-Fir Lawn Memorial Center in Hillsboro, Oregon from 2:00 p.m. until 5:00 p.m. on Saturday, March 3 and Sunday, March 4.
Recitation of the Rosary Monday, is March 5 at 10:30 a.m. followed by funeral Mass at 11:00 a.m. at St. Matthew Catholic Church in Hillsboro. Committal 11:30 a.m. on Tuesday March 6 at Willamette National Cemetery in Portland.
Founded in 1961, Rothert Insurance, Inc. was originally an independent retail agency providing products and services in Portland, Oregon. As the agency grew, Ron began marketing specialty products as a Managing General Agent (MGA). The MGA product line grew to include both Personal and Commercial Lines. Incorporating in 1970, Ron sold his retail book of business in 1977 and went solely into the MGA side of the marketplace, writing business in both Oregon and Washington. Two of Ron's sons came into the business in 1979, and Ron retired in 1985.
Friday, February 24, 2012
Registration Underway for NAPSLO's Executive Leadership School, April 23-26
Registration is underway for the NAPSLO Executive Leadership School, set for April 23-26 at the University of Virginia Darden School of Business in Charlottesville. The school is an intense three-day MBA Executive Level program at one of America’s leading universities.
The brochure and registration materials for the school are available to download from the NAPSLO Website. Tuition is $2,995.
This program is designed for senior-level members who wish to broaden their perspectives on important social, political, and economic issues influencing the insurance industry. Participants will enhance their leadership skills to more effectively manage change at the personal, team, and organizational levels, and will return to their organizations with the tools and mindsets to think and act more strategically. Those who attend will develop the enterprise perspective required to make winning choices about running their businesses in today’s complex environment.
Participants will crystallize their personal world views about how to compete successfully in their market spaces, develop a deeper understanding of social, political, and economic forces affecting their business environments and relate the broad issues in the world to NAPSLO’s industry and to the career experiences—and challenges—of peer participants.
The brochure and registration materials for the school are available to download from the NAPSLO Website. Tuition is $2,995.
This program is designed for senior-level members who wish to broaden their perspectives on important social, political, and economic issues influencing the insurance industry. Participants will enhance their leadership skills to more effectively manage change at the personal, team, and organizational levels, and will return to their organizations with the tools and mindsets to think and act more strategically. Those who attend will develop the enterprise perspective required to make winning choices about running their businesses in today’s complex environment.
Participants will crystallize their personal world views about how to compete successfully in their market spaces, develop a deeper understanding of social, political, and economic forces affecting their business environments and relate the broad issues in the world to NAPSLO’s industry and to the career experiences—and challenges—of peer participants.
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