Insurance associations representing brokers who sell excess and surplus lines insurance say they will work aggressively this year to get federal legislation reforming and modernizing the surplus lines market, as well as support from state agencies.
“We're working very hard to secure passage of legislation that brings the sales and regulatory process for surplus lines agents and brokers into the 21st century,” said Mark Rothert, president of Ron Rothert, Insurance Services in Portland, Ore.
Mr. Rothert is also the senior vice president of the Western Region for the American Association of Managing General Agents, which is based in King of Prussia, Pa., and AAMGA board liaison to the group's Governmental Affairs Committee.
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