Bulletin #38: New S/L License Procedures
General Bulletin #38
New Surplus Line License Application and Renewal Procedures Effective July 19, 2012
Effective Thursday, July 19, 2012, all Illinois surplus line producer renewals and applications will be handled through NIPR. Any paper renewals and applications that were received, complete and approved by the Illinois Department of Insurance as of today have been processed. All others will need to be processed through NIPR.
We do not expect this to be a difficult transition for Illinois surplus line producers. Regular Illinois producer licenses are already applied for and renewed in this manner. The only difference will be on the screen that lists license classes and lines of authority (LOA) for which you are eligible. On this screen you will select "Surplus Line Producer." The rest of the renewal or application process will be very much the same as the process for your regular producer license. Starting July 19th, visit www.nipr.com to apply for or renew an Illinois surplus line producer license. The screens are generally user-friendly and self-explanatory. The NIPR help desk is available to assist you. You can contact them at (855) 674-6477 or customerservice@nipr.com if you have any questions about the process.
NIPR forwards the information to the Illinois Department of Insurance which reviews the application or renewal request and has the authority to approve or reject it.
The materials and information contained herein are only synopses of laws, regulations and other information and do not constitute legal advice. It is recommended that you consult your legal advisers regarding application of state and federal laws and regulations to any particular situation. The Surplus Line Association of Illinois (SLAI) does not undertake and hereby disclaims any obligation to advise you of any change to laws and regulations or to the SLAI procedures.
18-Jul-2012
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