"Is SLIMPACT Losing Steam? Tennessee Switches to NIMA," by John Pitblado

[Editor's note: John Pitblado is an associate with Carlton Fields Jorden Burt P.A., resident in its Hartford, Connecticut office. This article does not constitute legal or other professional advice or service by Carlton Fields Jorden Burt P.A. and/or its attorneys. Copyright 2014, John Pitblado.]

As part of the passage of the Dodd–Frank Wall Street Reform and Consumer Protection Actⁱ (“Dodd-Frank”) in July, 2010, Congress incorporated the Nonadmitted Insurance and Reinsurance Reform Act (“NRRA”)ⁱⁱ, which provides that nonadmitted insurance will be subject to regulation only in an insured's home state, and premium tax and other regulatory requirements may not be imposed …