Non-Admitted Insurance Multi-State Agreement (NIMA)

NIMA provides a mechanism to report, collect, allocate and distribute surplus lines tax revenues consistent with the Non-admitted and Reinsurance Reform Act (NRRA). The NRRA is part of the Dodd-Frank Wall Street Reform legislation passed in 2010 that allows only the home state of the insured to require premium tax payments for non-admitted insurance in the absence of an agreement among states. NIMA will allow participating states to continue to collect surplus lines premium taxes according to state laws consistent with the agreement.

NIMA Member States' Agreements

Florida (June 15, 2011)	South Dakota (July 15, 2011)
Louisiana (July 1, 2011)	Utah (July 20, 2011)
Puerto Rico (July 21, 2011)	Wyoming (July 20, 2011)

Press Releases:	Other Resources:
October 31, 2012 – NIMA Press Release	Original Agreement
May 31, 2012 – NIMA Press Release	Updated Agreement [as of September 13, 2011]
May 24, 2012 – NIMA Press Release	Annex A Amendment [as of May 29, 2012 (replaces pages 14-17)]
April 17, 2012 – NIMA Press Release	Updated Agreement [as of July 12, 2011]
September 1, 2011 – NIMA Press Release	Dodd-Frank Bill (NRRA - Section 511)
July 22, 2011 – NIMA Press Release	Florida's Enabling Legislation: SB 1816
July 21, 2011 – NIMA Press Release	NAIC – NIMA/Surplus Lines Resource Page
July 15, 2011 – NIMA Press Release	Report - Florida's Cooperative Reciprocal Agreement Joined Pursuant to the Nonadmitted and Reinsurance Reform Act (the Dodd-Frank Act)
July 13, 2011 – NIMA Press Release	Surplus Lines Clearinghouse Updates:
June 21, 2011 – NAIC Press Release	Surplus Lines Clearinghouse website: http://www.slclearinghouse.com/
June 16, 2011 – Mississippi Press Release	Surplus Lines Clearinghouse Bulletin: Filing Changes on Multi-State Risk Policies for Surplus Lines Clearinghouse (as of May 17, 2012)
June 16, 2011 – Florida Press Release	Surplus Lines Clearinghouse Report (as of April 12, 2013)