Industry Issues | Surplus Lines Reform

PCI Advocacy Takes Strategic Approach Regarding Nonadmitted and Reinsurance Reform Act (NRRA)

The "Dodd-Frank Wall Street Reform and Consumer Protection Act" (DFA), incorporated significant changes for surplus lines regulation through the Nonadmitted and Reinsurance Reform Act (NRRA). Read summary.

The enactment of the long-awaited Nonadmitted and Reinsurance Reform Act will bring about the PCI-supported streamlining of the compliance aspects of the surplus lines insurance market and the resolution of conflicting state laws governing the placement, tax payment and allocation of premium for multistate surplus lines risks.

PCI is taking a strategic approach to this issue and will continue to work closely with state legislatures, insurance departments and the NAIC to achieve uniform standards consistent with both the spirit and the letter of the act.

For questions about surplus lines or the NRRA, please contact David Kodama, assistant vice president, research.

Latest News

Iowa Insurance Division Conducts Evaluation of Dram Shop Liability Insurance
Certain insurance companies - including surplus lines insurers - have received notice that the Iowa Insurance Division has issued a data call concerning the availability of dram shop liability coverage. 

Ohio House Committee Holds Hearing on Domestic Surplus Lines Insurer Legislation
The Ohio House introduced HB 749 that would allow a domestic insurer to be authorized to offer surplus lines insurance products as domestic surplus lines insurer.

New York Surplus Lines Regulatory Update – Electronic Delivery of Insurance Documents
Excess Line Association of New York outlines the DFS position on e-delivery of insurance documents and application to excess line business.

Florida OIR Emergency Order in Response to Hurricane Michael
The Florida Office of Insurance Regulation issued Emergency Order regarding Hurricane Michael to all insurers, HMOS, premium finance companies, surplus lines and other regulated entities.

State Implementation: Legislation & Regulation

Bulletins & News Releases  | View all 

Marijuana/Cannabis: PCI Marijuana Working Group teleconference call - Dec. 14, 2018, 2:00 pm CST.
PCI members may contact to register for the call. Agenda items: Post Election Federal and State Updates, H.R. 5634 Medical Cannabis Research Act, and update on Impairment Standards.

NAIC Surplus Lines Task Force Advances Guideline on Nonadmitted Accident and Health Coverages
The (C) Task Force met by teleconference on November 7, 2018 to finalize discussion and adopt its Guideline on Nonadmitted Accident and Health Coverages.

Autonomous Vehicles: November 2018 Update
Summary of recent legislative and regulatory activity on Autonomous Vehicles at the state and federal levels as well as a "news and notes" section containing links to studies and articles related to the increasing automation of the driving function. 

Marijuana/Cannabis: NAIC Cannabis Insurance (C) Working Group
Insurance regulators of the working group will meet during the NAIC Fall national meeting to discuss the state of the insurance market for cannabis-related business activity.

Cyber Security: News Article - To Insure Cyber or Not to Insure Cyber: Cautions and Caveats for Carriers
Cyber insurance panelists provide their insights into the state of the cyber insurance market and the challenges facing carriers thinking about entering the market.

Federal Updates & Legislation  | View all

New Federal Discussion Draft of AV Start Act Released
A Senate staff discussion draft of the AV Start Act (S 1885) makes several changes including provisions from the SELF DRIVE Act (HR 3888) that passed the House by voice vote last year. A legislative summary is provided along with comment on specific insurance-related matters of interest.

U.S. Treasury issues Request for Comment on 2019 Federal Terrorism Data Call
The Treasury Department published a Request for Comments on its proposed terrorism data call for 2019. The data call is identical in most respects to the 2018 data call. 

NY DFS issues Request for Comment on 2019 State Terrorism Data Call
On behalf of all states, the NY DFS has issued a Request for Comment on the 2019 state terrorism data call. The proposed state data call is identical in most respects to the federal terrorism data call. The proposed state data call makes no mention of the state Property Supplement that the states collected last year, raising the possibility that the states may not require completion of the Supplement in 2019.

NAIC Market Conduct Annual Statement (MCAS) on Private Flood
NAIC proposes “interrogatories” for more information about premiums written under statutory line of business private flood 2.5, particularly from surplus lines insurers.

Federal Insurance Office of the Treasury publishes its 2018 "Report on the Overall Effectiveness of the Terrorism Risk Insurance Program."

Background & Resources | View all

PCI Cancellation and Nonrenewal Compliance Guide
A collection of recently updated charts on cancellation/nonrenewal laws in each state. Topics include cancellation/nonrenewal for personal and commercial lines, surplus lines requirements and exemptions, renewal notification and premium increase notice requirements.

PCI Releases 2018 State Tax Guide
The PCI guide includes a brief summary of significant state tax and fee-related developments in 2017 affecting property/casualty insurers, including surplus lines insurers

PCI: Surplus Lines Insurance Primer

A.M. Best Special Report - U.S. Surplus Lines
PCI distributes this report to PCI members with special permission from A.M. Best and the WSIA Education Foundation. A.M. Best retains the copyright to the report, and no part of this report may be distributed by any means, in whole or part, without prior written permission from A.M. Best.

Locke Lord LLP - 2018 Excess and Surplus Lines Law Manual
The Excess and Surplus Lines Law Manual is compiled and provided by: Locke Lord LLP ( For future updates to this publication, or any inquiries concerning this publication, contact John Dearie of Locke Lord LLP at