In addition to efforts to secure passage in Congress of legislation reforming and modernizing regulation of the surplus insurance market, NAPSLO representatives said several state issues are also on the group's legislative agenda for 2009.

One issue will be resolving problems created for the E&S insurance industry segment by the Essex v. Zota Florida Supreme Court decision, which seems to make the surplus lines industry subject to the section of the Florida Insurance Code that regulates insurance contracts and forms.

NAPSLO is seeking a legislative solution to the decision's effect, said Steve Stephan, director of government relations.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.