E-News December 16, 2004

VIRGINIA: E&S CARRIERS NOT REQUIRED TO COMPLY WITH CLAIMS MADE PROVISION
In response to a question to the Virginia Bureau of Insurance regarding the Rules Governing Claims-Made Liability Insurance Policies (14 VAC 5-335-10 et seq. of the Code of Virginia) and, specifically, whether this regulation applies to surplus lines carriers, the Bureau of Insurance has taken the position that their statutes and regulations that have coverage requirements or rate and form filing requirements do not apply to surplus lines policies. Consequently, the Bureau indicated that surplus lines carriers are not required to comply with the provisions contained in this regulation.

DEADLINE APPROACHING FOR THE 2005 MID-YEAR
The deadline to register for the 2005 NAPSLO Mid-Year Educational Workshop, set for February 17-20 at the Renaissance Esmeralda Resort in Indian Wells, California, is December 28. 

Information on the workshop, and registration materials, can be found in the Mid-Year section of the NAPSLO website.

SURVEY REMINDER
If you haven't filled out the survey on interest on offering Long Term Disability coverage for employees, the five question survey can be found at the NAPSLO website. NAPSLO is attempting to determine members' need and interest for Long Term Disability coverage for their employees.

MEMBERSHIP DIRECTORY CHANGES
Membership update forms should be returned to the NAPSLO office by December 23 for inclusion in the 2005 Membership Directory. The directory will be mailed in February.

UPCOMING NAPSLO EVENTS
Mid-Year Workshop - February 17-20, 2005 - Indian Wells, California
NAPSLO E&S School - June 25-28, 2005 - St. Louis, Missouri
NAPSLO Annual Convention - September 14-18, 2005 - San Francisco, California