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Surplus Lines (C) Task Force

 

2018 Charges

The mission of the Surplus Lines (C) Task Force is to monitor the surplus lines market and its operation and regulation, including the activity and financial condition of U.S. and non-U.S. surplus lines insurers by providing a forum for discussion of issues and to develop or amend relevant NAIC model laws, regulations and/or guidelines.

Ongoing Support of NAIC Programs, Products or Services

The Surplus Lines (C) Task Force will:

  1. Perform financial analysis of the surplus lines market utilizing the NAIC Financial Data Repository and other sources in order to prepare a regulator report.

  2. Develop and oversee implementation of state-based solutions addressing the surplus lines subtitle of the federal Nonadmitted and Reinsurance Reform Act.