industry news

  • 7.21.2011
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    NRRA Takes Effect
    The NRRA implements a home-state tax and compliance system with the insured’ home state regulating the transaction. We are adding allocation and filing changes to our state pages as they become available.
    NAPSLO also has a great website where they are keeping track of state implementations and legilative activities
    read more

    6.1.2011

    Mississippi Extends SL Policy Fee
    One of the changes due to the NRRA is the extension of the 5% nonadmitted policy fee to all lines. Prior the fee only applied to real property and content risks. Bulletin 2011-1
    read more

    3.31.2011
     

    New York to tax 100% on Home State Risk
    All policies effective on and after July 21, 2011 will be taxed 100% of all written premium when New York is the Home State - even when the policy insures risk exposures in other states as well. ELANY Bulletin 2011-08

     

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