ASLI Practice Questions - Associate In Surplus Lines Insurance (ASLI) Exam

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Which federal law established that only the insured's home state may regulate and tax a multistate surplus lines placement?

The McCarran-Ferguson Act of 1945 The Gramm-Leach-Bliley Act of 1999 The Nonadmitted and Reinsurance Reform Act of 2010 (NRRA) The Terrorism Risk Insurance Act of 2002 (TRIA)

Correct Answer:

The Nonadmitted and Reinsurance Reform Act of 2010 (NRRA)

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