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Florida has decided to leave the Nonadmitted Insurance Multi-State Agreement, which is a system that allows a state to collect its own premiums on multistate surplus lines placements. (Photo: iStock)

The state of Florida is dropping out of a clearinghouse system created to allow each state to collect its own premiums on multistate surplus lines placements, moving the industry closer to its goal of uniform taxation of the strong and growing surplus lines market.

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