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

North Carolina - Hurricane Florence Claims Compliance Guide
The Hurricane Florence Claims Compliance Guide includes compliance information that will assist insurers, including surplus lines insurers, and their adjusters as they adjust claims and address issues related to DOI orders impacting premium payment, cancellation and (non-)renewal of policies.

South Carolina Issues Data Call on Hurricane Florence Claims
DOI issues notice of catastrophe claims data call to all authorized property and casualty insurance companies, including licensed insurers, eligible surplus lines insurers, and companies that write private and/or excess flood insurance coverage.

South Carolina Issues Emergency Regulation Following Hurricane Florence
DOI issues Emergency Order No. 2018-EO-001 concerning Emergency Insurance Regulation 69-79 following the landfall of Hurricane Florence. The Order is applicable to all "lines of insurance", including surplus lines insurance, and will be effective for 120 days unless extended. 

Puerto Rico Issues Data Call to All Property Casualty Insurers
The Office of the Commissioner of Insurance issues notice to all insurers authorized to transact property and casualty insurance in Puerto Rico, including eligible surplus line insurers, requiring completion of a survey form for gathering statistical data on P.R. in-force policies and written premiums.

State Implementation: Legislation & Regulation

Bulletins & News Releases  | View all 

Autonomous Vehicles: September 2018 Update
September 2018 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.

News Article: New Vermont Rules Regulate 'Gig Economy' Companies, Including Airbnb And Uber

VT lawmakers passed a short-term rental law for people who rent their homes on platforms like Airbnb and HomeAway, as well as a ride-sharing law that regulates drivers who use their cars through Uber or Lyft. Both went into effect on July 1.

NAIC Surplus Lines Task Force Meeting, August 4 - Summary
The Task Force met at the NAIC summer national meeting in Boston to discuss matters related to its 2019 Charges, A&H nonadmitted insurance coverage, and surplus lines market activity.

Autonomous Vehicles: August 2018 Update
Summary of 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.

Emerging Insurance Risks Database: Concussion/Brain Trauma
Summary background on risk of injury/damage, liability and insurance exposure, related legislation and regulation, pertinent litigation.

Federal Updates & Legislation  | View all

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."

Federal Bipartisan Bill Introduced to Remove Threat of Federal Intervention and Prosecution in States with Legalized Marijuana
The Strengthening the Tenth Amendment Through Entrusting States (STATES) Act of 2018 would affirm that compliant marijuana transactions are not considered trafficking and would remove industrial hemp from the list of substances prohibited under the Controlled Substances Act of 1971. (See Sen. Schumer Press Statement)

National Association of Registered Agents and Brokers UPDATE

2018 Federal and State Terrorism Data Calls.

U.S. Treasury Department releases terrorism data call forms and instructions; reporting portal open to receive registrations from reporting companies

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