WASHINGTON–Legislation to reform regulation of the surplus lines and reinsurance markets is scheduled for House floor action Monday under expedited procedures, according to congressional staffers and industry lobbyists.
Officials of the Council of Insurance Agents and Brokers delivered a letter to all 435 House members today urging their support for the legislation.
“The early passage of this bill will significantly improve the chances that this legislation will be signed into law in this session of Congress,” the letter said. It was signed by Ken Crerar, president of the CIAB, and Joel Wood, senior vice president affairs.
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