NONADMITTED INSURANCE MULTI-STATE AGREEMENT (NIMA)Nonadmitted Insurance Multi-State Agreement • December 15th, 2010
Contract Type FiledDecember 15th, 2010WHEREAS, the Nonadmitted and Reinsurance Reform Act of 2010 (“NRRA”), which was incorporated into the Dodd-Frank Wall Street Reform and Consumer Protection Act, provides that only an insured’s “Home State” may require a premium tax payment for Nonadmitted Insurance; and