NIMA Reaches $500 Million in Reported Premium
NIMA, Inc. has announcesthat premiums reported under the Non-Admitted Insurance Multi-State Agreement (NIMA) have now exceeded $500 million in the year since the clearinghouse became operational. The clearinghouse first became operational on July 1, 2012. NIMA, Inc. advised that $281 million of the $531 million in reported premium has been directly allocated to the six participating members of NIMA, Inc. About $250 million […]