NU Online News Service, July 26, 3:47 p.m. EDT
As regulators prepare to implement the financial services reform legislation, a House member sought to clarify the legislative intent of surplus lines provisions in a recent floor statement.
Rep. Dennis Moore, D-Kan., made his statement last Thursday as a means of forestalling delays by state regulators or requests for judicial review of the intent of the provision, according to officials of the National Association of Professional Surplus Lines Offices, Ltd.
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