Governmental Affairs

The Governmental Affairs Committee is charged with ensuring AAMGA members are kept informed on the governmental and regulatory issues, developments and other matters having an impact on their operations.

Committee members regularly meet with state and federal elected and appointed officials across the country. The AAMGA’s influence in Congress and with state regulators has enabled members of the Association to advance needed insurance reforms and to then lobby their own elected representatives and regulators on matters of importance to the wholesale insurance industry. It has also resulted in the AAMGA being afforded the opportunity of testifying and providing specific data and information on our industry before US Senate and House of Representatives Committees in Washington, DC. The AAMGA is a reliable and trusted source.

The Governmental Affairs Committee also liaises regularly with the Financial Services Authority in the United Kingdom, in order to discuss and advise how regulatory initiatives there will impact the transaction of business in North America.

Members attend meetings of the National Association of Insurance Commissioners (NAIC), the National Association of Professional and Surplus Lines Offices (NAPSLO), the National Council of Insurance Legislators (NCOIL), Surplus Lines Law Group, and other insurance industry conferences.

Governmental Affairs 2011-2012 Goals and Objectives

1. Monitor and keep current on federal, state and industry regulatory and legislative efforts.
2. Provide updates and news on federal and state regulatory information to membership via emails, newsletter and our website.
3. Work with Executive Director to ensure federal, state and industry hearings or Conferences are attended as warranted and share information with our membership.
4. Educate legislative and regulatory staffs/departments about AAMGA and the Wholesale and Surplus Lines Industry.
5. Work with other industry associations for common or shared goals through collaborative effort.
6. Monitor and work toward completing the strategic tasks and priorities that the committee has been assigned or has taken on as part of their representation as the publicly-facing legislative and regulatory arm of the AAMGA.

Capital Thinking

Presidential Race & Election 2012 - Computer Fraud & Abuse - Health Care Update
 
Join us on this week's Capital Thinking as host Kevin O'Neill is first joined by his colleagues, Nick Allard and Vince Frillici, to discuss the current stage of the presidential race. The three will also provide their outlooks for the upcoming 2012 election.

Next, Shawn Tuma, an expert on the Computer Fraud & Abuse Act, will impart his knowledge relating to fraud, data breach and privacy issues.

Finally, we welcome back Julie Black, blogger and health care analyst, for her update on health care reform.

Construction Defect Legislation

The AAMGA Governmental Affairs Committee is following a trends in many state legislatures, seeking to reverse the existing intent of CGL Policy wording and case law precedent that excludes coverage for faulty workmanship. The Bills and responses by AAMGA are set forth below by state. Please contact AAMGA Headquarters for further information and any questions you may have. Please also feel free to refer to, adopt, incorporate and copy any of the language set forth in the AAMGA’s position letters as you make contact with your own state representatives to preserve the freedom of rate and form.

Arkansas HB 1439 (PDF)

HB 1439 (PDF)

South Carolina Bill 431 (PDF)

Bill 431

GA Supreme Court holds faulty workmanship covered by CGL Policy / March 176, 2011

AAMGA Surplus Lines Resource Center

Surplus Lines Resource Center

Non-Admitted Insurance Reform Act Implementation

Comments to NAIC on Surplus Lines Reform Implementation (PDF)

Letter to James Donelon (PDF)

Comments to NAIC on Non-Admitted Reform Compact (PDF)

NCSL Letter to State Legislative Leaders on SLIMPACT-Lite

Text of NCOIL's SLIMPACT-Lite (PDF)

NCSL Resolution in Support of the Surplus Lines Insurance Multistate Compliance Compact

Council of State Governments Summary of Legal Analysis of NIMA Model Agreement (PDF)

U.S. Stamping Offices

The AAMGA is privileged to have each of the state stamping and surplus line service offices as active and contributing members of the Association.

Click here to access the Edwards Angell Palmer & Dodge Excess and Surplus Lines Law Manual.

Click here to download a copy of the Regulatory and Legislative Positions of the AAMGA brochure.

Click here to participate on the AAMGA’s Governmental Affairs Committee

State Insurance Departments

Scroll over and click on the individual state names below for the websites of the state insurance departments:

Members of the 2011-2012 AAMGA Governmental Affairs Committee are