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PLMA
(redirected from Producer Licensing Model Act)

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AcronymDefinition
PLMAPrivate Label Manufacturers Association
PLMAProducer Licensing Model Act (New York state)
PLMAPhilip Livingston Magnet Academy
PLMAProducers Livestock Marketing Association
PLMAPolice Lieutenants' Management Association
PLMAPublic Lands Management Act
PLMAPineland Land Management Area
PLMAProducer Licensing Modernization Act (Pennsylvania)
PLMAProfessional Lake Managers Alliance
PLMAPublic Land Management Alliance
PLMAPetroleum Land Management (course)
PLMAPeak Load Management Alliance
PLMAPlease Leave Me Alone (slang)


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Now, because the attorney general's office, in its settlements with Marsh and Aon, appears to be reinforcing, even expanding, this long-held position of the New York State Insurance Department, and because Marsh and Aon do business nationwide, important precedents are being set with respect to producers who do not have direct contact with the end users of insurance, despite the incorporation in the NAIC Producer Licensing Model Act of language seemingly exempting wholesale brokers.
In fact, while more than 40 states had enacted some form of the NAIC's Producer Licensing Model Act as of mid-June, Allen notes that several states "have enacted new licensing laws that do little or nothing to change barriers for entry for nonresident producers.
Act 580, the Producer Licensing Model Act, provides for full compliance with the federal Gramm-Leach-Bliley law that requires at least 29 states to enact uniform or reciprocal producer licensing laws by November 2002 or lose their producer licensing authority to the federal government.
 
 
 
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