Looking Forward: State Collaboration Initiatives Relating to Risk Purchasing Group Policies

InsCipher continues to support surplus lines brokers in navigating complex, state-specific filing requirements - especially around Risk Purchasing Groups (RPGs), which often face inconsistent treatment across jurisdictions. While affiliated groups fall under the NRRA’s home state rule, unaffiliated RPGs remain a regulatory grey area.

To address this, InsCipher closely monitors legislative developments, including SLAI’s introduction of an initiative, SB 1289 aimed at extending the NRRA home state rule to unaffiliated group insureds. If adopted, this change would mark a major step toward more streamlined compliance and filing efficiency. However, it also introduces potential complications, particularly in states that may still require filings for certificate holders residing in their jurisdiction, even when the master policy qualifies for filing entirely in Illinois as its home state. 

Our team is actively tracking these developments and adjusting our system to help our partners stay ahead of evolving requirements while maintaining accuracy and efficiency in every filing. InsCipher is committed to engaging in meaningful conversations with key industry stakeholders - not only state regulators, but also organizations like WSIA and SILA - to ensure our solutions reflect the needs and priorities of the broader regulatory and compliance community.

Looking Forward: State Collaboration Initiatives Relating to Risk Purchasing Group Policies