InsureReinsure

InsureReinsure, published by Troutman Pepper Locke, focuses on the regulatory and compliance aspects of surplus lines insurance. The blog covers topics such as the distinctions between admitted and surplus lines markets, the roles and responsibilities of surplus lines brokers, and the regulatory frameworks governing group insurance under the Nonadmitted and Reinsurance Reform Act (NRRA). It also addresses state-specific insurance developments, including licensing, tax obligations, and enforcement actions. Additionally, the blog discusses industry leadership changes, state regulatory bulletins, and emerging issues like the use of artificial intelligence in insurance. The content is aimed at professionals navigating the complexities of surplus lines and insurance regulation.

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Key Points

  • California’s Senate Bill 354 enacted the California Insurance Information and Privacy Protection Act (CIIPPA), replacing the original Insurance Information and Privacy Protection Act and becoming operative July 1, 2028.
  • The CIIPPA applies to insurance department licensees, surplus line

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