As 2013 begins, surplus lines insurance professionals still wonder when the illusive uniformity and efficiency in multi-state surplus lines taxation that was anticipated by the enactment of the Nonadmitted and Reinsurance Reform Act will be achieved.
What does NRRA stand for?
NRRA stands for Nonadmitted and Reinsurance Reform Act
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Military and Government
See other definitions of NRRA
We have 26 other meanings of NRRA in our Acronym Attic
- Nuclear Reactor Regulation
- Nuclear Reactor Robot (Earthbound game)
- Nuclear Receptor Resource (project; Georgetown University; Washington, DC)
- Nuclear Regulatory Research
- Number of Reserved Registers
- Nutrition Research Reviews (journal)
- Office of Nuclear Reactor Regulation
- Big South Fork National River and Recreation Area (Oneida, TN)
- National Risk Retention Association (Minneapolis, MN)
- New Richmond Regional Airport (New Richmond, Wisconsin)
- North Rosedale Ratepayers Association (Toronto, Canada)
- Nuclear Resonant Reaction Analysis
- Neuse River Region Association of Realtors (North Carolina)
- National Remedy Review Board (US EPA)
- NetOps Readiness Review Board
- National Refinery Reform Campaign (advocacy)
- National Rex Rabbit Club
- Natural Resources Research Center (Colorado State University, Fort Collins, Colorado)
- Northeast Regional Response Center
- Northside Residents Redevelopment Council (Minnesota)
Samples in periodicals archive:
The Nonadmitted and Reinsurance Reform Act (NRRA) ushered in a national framework for uniformity and efficiency in the regulation and taxation of the surplus lines industry.
For the past year, industry professionals have been trying to determine whether or not the Nonadmitted and Reinsurance Reform Act (NRRA) applies to captives and, if so, what they should do about it.
The surplus lines insurance industry's particular focus is on the Nonadmitted and Reinsurance Reform Act, or the NRRA, which was enacted as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Here is an overview of regulation for the past 12 months: Dodd-Frank Act and Nonadmitted and Reinsurance Reform Act 2010 On July 21, 2011, the Nonadmitted and Reinsurance Reform Act section of the Dodd-Frank Wall Street Reform and Consumer Protection Act became effective.
A glaring example of this weakness is the apparent inability of states to coordinate among themselves (and through the National Association of Insurance Commissioners) to implement the part of the Dodd-Frank Act known as the Nonadmitted and Reinsurance Reform Act (NRRA).
The call was answered with the passage of the Nonadmitted and Reinsurance Reform Act (NRRA).
In 2006, two congressmen combined the SMART Act's surplus lines and reinsurance provisions and introduced them as the Nonadmitted and Reinsurance Reform Act.