A panel of the 1st U.S. Court of Appeals in Boston has affirmed a decision striking down Puerto Rico's countersignature law requiring a resident agent to sign off on nonresident agent policy sales.

The March 30 decision leaves only two other countersignature jurisdictions–Nevada and the Virgin Islands–where the insurance brokerage industry is litigating to vacate laws that require nonresident commercial insurance brokers to have the countersignature of a resident agent on each policy they sell.

Nevada's countersignature law was voided by a federal judge in a decision handed down in August of 2004. That decision was appealed by the state to the 9th U.S. Circuit Court of Appeals in San Francisco.

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