Nonadmitted and Reinsurance Reform Act of 2010 definition

Nonadmitted and Reinsurance Reform Act of 2010 or "NRRA" means those provisions incorporated as Subtitle B of the Dodd-Frank Wall Street Reform and Consumer Protection Act, P.L. 111-517.
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Nonadmitted and Reinsurance Reform Act of 2010 or “NRRA” means those provisions
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Nonadmitted and Reinsurance Reform Act of 2010 means Sections 511 to 542, inclusive, of the Dodd-Frank Wall Street Reform and Consumer Protection Act, P.L. 111-203, as amended from time to time;
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Examples of Nonadmitted and Reinsurance Reform Act of 2010 in a sentence

  • The State Tax Assessor may, after consultation with the Department of Professional and Financial Regulation, Bureau of Insurance, enter into a multistate agreement, in accordance with the federal Nonadmitted and Reinsurance Reform Act of 2010, Public Law 111-203, Section 521, for the reporting of nonadmitted insurance premiums and the collection and allocation of nonadmitted insurance taxes.

  • All gross direct insurance premiums and annuity considerations paid to insurers that do not have certificates of authority to do business in this State issued by the Superintendent of Insurance pursuant to Title 24‑A are subject to taxation in accordance with this section if this State is the insured's home state, as defined in the federal Nonadmitted and Reinsurance Reform Act of 2010, Public Law 111-203, Section 527.

  • For any nonadmitted insurance premiums that are subject to taxation by this State and interstate allocation of taxes in accordance with the federal Nonadmitted and Reinsurance Reform Act of 2010, Public Law 111-203, Section 521, the rate of taxation on each participating state's share of the premium must be that state's applicable nonadmitted insurance premium tax rate.

  • For any nonadmitted insurance premiums that are subject to taxation by this State and interstate allocation of taxes in accordance with the federal Nonadmitted and Reinsurance Reform Act of 2010, Public Law 111-203, Section 521, the rate of taxation on each participating state's share of the premium must be that state's applicable nonadmitted insurance premium tax rate.[PL 2011, c.

  • For the purposes of the federal Nonadmitted and Reinsurance Reform Act of 2010, 15 U.S.C. §8201 et seq., a domestic surplus lines insurer shall be considered a nonadmitted insurer as the term is referenced in the Act, with respect to risks insured in this state.3. A domestic surplus lines insurer shall be deemed an eligible surplus lines insurer and is subject to all requirements of this chapter that are applicable to an eligible surplus lines insurer.

  • All gross direct insurance premiums and annuity considerations paid to insurers that do not have certificates of authority to do business in this State issued by the Superintendent of Insurance pursuant to Title 24-A are subject to taxation in accordance with this section if this State is the insured's home state, as defined in the federal Nonadmitted and Reinsurance Reform Act of 2010, Public Law 111-203, Section 527.

  • For the purposes of 4 carrying out the provisions of the Nonadmitted and Reinsurance Reform Act of 2010, the 5 commissioner is authorized to utilize the national insurance producer database of the NAIC, or 6 any other equivalent uniform national database, for the licensure of a person as a surplus lines 7 producer and for renewal of such license.

  • Perform these and such other related functions as may be consistent with the purposes of this Nonadmitted Insurance Multi-State Agreement and Part I of the Nonadmitted and Reinsurance Reform Act of 2010.

  • The purpose of this bill is to amend the insurance code in accordance with the federal Nonadmitted and Reinsurance Reform Act of 2010 and to authorize the Insurance Commissioner to enter into a multistate agreement with respect to the collection and disbursement of surplus lines taxes.

  • One of the recommendations made by the audit undertaken on the Faculty’s bequests, scholarships and donated funds in 2007 was to amalgamate several of the smaller funds into one significant account.

Related to Nonadmitted and Reinsurance Reform Act of 2010

  • Health Insurance Portability and Accountability Act means the Health Insurance Portability and Accountability Act of 1996, Pub. L. No. 104-191, 110 Stat. 1936, as amended.

  • Act of 2010 means the Civil Partnership and Certain Rights and Obligations of Cohabitants Act 2010;

  • Flood Insurance Regulations means (a) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (b) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statute thereto, (c) the National Flood Insurance Reform Act of 1994 (amending 42 USC § 4001, et seq.), as the same may be amended or recodified from time to time, and (d) the Flood Insurance Reform Act of 2004 and any regulations promulgated thereunder.

  • Health insurance plan means any health insurance policy or health benefit plan offered by a health insurer or a subcontractor of a health insurer, as well as Medicaid and any other public health care assistance program offered or administered by the State or by any subdivision or instrumentality of the State. The term includes vision care plans but does not include policies or plans providing coverage for a specified disease or other limited benefit coverage.

  • Credit accident and health insurance means insurance on a debtor to provide

  • Health insurance exchange means an exchange as defined in 45 C.F.R. Sec. 155.20.

  • Act of 2004 means the Public Service Management (Recruitment and Appointments) Act 2004;

  • National Flood Insurance Program means the program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as revised by the National Flood Insurance Reform Act of 1994, that mandates the purchase of flood insurance to cover real property improvements located in Special Flood Hazard Areas in participating communities and provides protection to property owners through a Federal insurance program.

  • Act of 2003 means the Protection of Employees (Fixed-Term Work) Act 2003;

  • Health insurance issuer means an insurance company, or insurance organization (including a health

  • Act of 2015 means the Children and Family Relationships Act 2015;

  • Act of 2001 means the Local Government Act 2001;

  • Act of 2007 means the Water Services Act 2007;

  • Act of 2014 means the Companies Act 2014;

  • Budget-related Policy means a policy of a municipality affecting or affected by the annual budget of the municipality, including-

  • Act of 2005 means theSocial Welfare Consolidation Act 2005;

  • Health insurance means protection which provides payment of benefits for covered sickness or injury.

  • Act of 2002 means the Communications Regulation Act 2002 (No. 20 of 2002);

  • Health care worker means a person other than a health care professional who provides medical, dental, or other health-related care or treatment under the direction of a health care professional with the authority to direct that individual's activities, including medical technicians, medical assistants, dental assistants, orderlies, aides, and individuals acting in similar capacities.

  • Act of 2006 means the Planning and Development (Strategic Infrastructure) Act 2006;

  • Social Security Act means the Social Security Act of 1965 as set forth in Title 42 of the United States Code, as amended, and any successor statute thereto, as interpreted by the rules and regulations issued thereunder, in each case as in effect from time to time. References to sections of the Social Security Act shall be construed to refer to any successor sections.

  • Accident and health insurance means contracts that incorporate morbidity risk and provide protection against economic loss resulting from accident, sickness, or medical conditions and as may be specified in the valuation manual.

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Credit unemployment insurance means insurance:

  • Title IV-E Foster Care means a federal program authorized under §§ 472 and 473 of the Social

  • Health care plan means any contract, policy or other arrangement for benefits or services for medical or dental care or treatment under: