Welcome to the Securities & Insurance Licensing Association (SILA)

Our mission is to provide an educational forum for members to exchange information, best practices and ideas that resolve issues common to the industry and to improve licensing and registration across the country.

image description Industry Professionals
The Securities and Insurance Licensing Association (SILA) delivers the education, information, and connections you need for success in this complex industry. SILA membership is an important asset for every industry professional, no matter your level of experience. Licensing? Registrations? Compliance? It’s complicated! SILA members share best practices, plus you’ll find state insurance and securities registration information, networking contacts and many more valuable tools within your reach. Read more
image description Vendors
Licensing and compliance is a unique niche. SILA connects you with the individuals, firms and regulators that can bring you success. There is no organization like SILA to put you in front of your target audience. Advertise, exhibit and make presentations directly to industry leaders. Benefit from “insider” information, including valuable survey and discussion group results for your R&D and marketing departments. List your company’s product/solution in the Vendor Directory - marketing dollars work hard when you partner with SILA! Read more
image descriptionRegulators
SILA membership is the connection point that links regulators with industry professionals, influencers and fellow regulators. Opportunities exist for significant connection that can be a catalyst for change. Through SILA, regulators can gain understanding of how licensing and compliance regulations affect firms and carriers. Regulator relationships are highly valued by SILA, and we encourage regulator participation at our annual conference. We provide communication opportunities that are unmatched by any other organization. Read more

 

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Regulatory Announcements

 

Regulatory Announcements
Surplus Lines Association of California announces their new website.
Wyoming sends a reminder about the upcoming appointment renewal and termination deadlines.
Michigan issues a reminder to Surplus Lines producers regarding late surplus lines tax reporting.
California issues an updated export list.
Alaska publishes its list of eligible Surplus Lines insurers.
Pennsylvania will add late renewal and reinstatement rules for resident and non-resident Insurance Producers and Surplus Lines Producers effective February 6, 2015.
Pennsylvania issues a reminder about its Surplus Lines tax reporting and payment deadline.
Excess Line Association of New York (ELANY) sends reminder of 2014 affidavit filing requirements and premium tax reports. Also introduces instructional videos.
Idaho announces that they will be transitioning from NIPR’s current ACR (Address Change Request) to NIPR’s CCR (Contact Change Request) service effective January 23, 2015.
Surplus Lines Clearinghouse newsletter announces its upcoming Webinar on January 22 dealing with Clearinghouse Filing, Payment and Compliance Tips. In addition, the newsletter provides invoice and affidavit reminders.
South Carolina now requires facilities that offer or sell insurance to cover the contents of the storage unit or personal injuries occurring on the premises of the storage facility to be licensed to sell insurance.
Surplus Lines: Alaska increases exempt commercial purchaser minimum qualifying amounts effective January 1, 2015.
The Office of Compliance Inspections and Examinations (OCIE) of the Securities and Exchange Commission identifies its 2015 examination priorities.
Oklahoma issues revisions to its bulletin regarding Disaster Planning, Preparedness and Response.
The Texas Department of Insurance issues bulletin to inform certain license holders that, as of January 16, 2015, they will have the ability to print their own licenses. Beginning March 1, 2015, TDI will discontinue sending licenses to licensees by regular mail.
Florida Surplus Lines Service Office has discontinued assessing the Florida Hurricane Catastrophe Fund emergency assessment on surplus lines policies issued or renewed with an effective date on or after January 1, 2015.
South Dakota names new Insurance Director.
Surplus Lines Association of Illinois (SLAI) summarizes recent changes that went into effect as well as a reminder about the Association’s new stamping fee rate.
FINRA publishes its Regulatory and Examinations Priority letter which addresses areas of focus in 2015.
The Federal Insurance Office publishes a report on the Reinsurance market.
Louisiana updates its website providing improved services to consumers, insurance agents and other groups regulated by the Department.
Beginning with monthly premium tax filings in January 2015, the Hawaii Insurance Division will be implementing OPTins (Online Premium Tax for Insurance). Refer to the bulletin for additional details.
NIPR will be releasing the Contact Change Request (CCR) application on January 21, 2015. This new application will allow individuals to update individual’s physical addresses, email addresses, and phone/fax numbers.
North Carolina announces its annual 2015-2016 appointment renewal billing process.
SILA NOTICE
These regulatory announcements are provided to SILA by the state insurance departments. They are intended for distribution solely to SILA members. SILA does not provide the announcements as legal advice and takes no responsibility for the content of the announcements.