Last year, after Congress finally passed surplus lines modernization provisions incorporated in the Dodd-Frank Wall Street Reform Act, many surplus lines brokers thought life would get easier—at least in terms of filing taxes and regulation.
Life and politics, however, have a way of turning what seems simple into a complex act of wills, especially when competing interests seem to align themselves at cross purposes.
That appears to be the case with Dodd-Frank's surplus lines provisions, often collectively referred to as the Nonadmitted and Reinsurance Reform Act, which is set to become law come July 21.
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
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
