NU Online News Service, May 21, 2:27 p.m. EDT
Association officials believe provisions aimed at modernizing the excess and surplus lines marketplace will be retained in the final version of financial reform legislation that will be reconciled between the House and Senate.
Officials at the Council of Insurance Agents and Brokers called the sections of the Wall Street Reform and Consumer Protection ACT (H.R.-4173) dealing with the surplus lines market a breakthrough, while others praised passage of the measure.
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