NOTICE - Surplus Lines Requirements - Operational Starting Date of Clearinghouse
To: All Insurers Eligible to Write Nonadmitted Insurance in the State of Nebraska; All Licensed Surplus Lines Brokers; All Insureds Independently Procuring Nonadmitted Insurance; All Other Interested Parties
As a result of an amendment to the Nonadmitted Insurance Multistate Agreement (NIMA) dated December 20, 2011, the operational starting date of the Clearinghouse has been moved from January 1, 2012 to July 1, 2012.
Accordingly, all first and second quarter filings and tax payments for the 2012 calendar year shall be filed with the Department.
All 1st quarter reports for 2012 must be filed by May 15, 2012, unless notified otherwise by the Department. All 2nd quarter reports for 2012 must be filed by August 15, 2012. As a reminder, the Department no longer requires quarterly reports from a surplus lines licensee that has not placed, procured or effected insurance for or on behalf of an insured in the State of Nebraska with a nonadmitted insurer.
Once the Clearinghouse is operational, additional information and details will be provided. The Department’s website at www.doi.ne.gov/surplus_lines/sl_index.htm contains the required forms and instructions to complete quarterly filings and will be updated as necessary.
Any questions concerning this notice should be directed to the Department’s legal division at 402-471-2201.