WASHINGTON–The push to convince members of Congress to pass legislation streamlining the regulatory process for multistate surplus lines risk and reinsurance has begun in Washington.
A surplus lines trade group has written members of the House Financial Services Committee and the Senate Banking Committee asking them to enact the legislation this year.
Last year a bill to make those changes for reinsurance surplus risks passed the House 417 to 0, but failed to gain traction in the Senate.
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