Detroit is poised to default on about $641 million of its general obligation bonds on Tuesday, an event that is likely to spur a legal challenge over Detroit's decision to take tax money earmarked for bond payments and apply it instead to city needs.

As the non-admitted industry and the interest of its members in federal regulatory and legislative issues continues to grow, so does the federal Political Action Committee (PAC) of its trade group, the National Association of Surplus Lines Offices Ltd. (NAPSLO).

News from AmWINS, the National Insurance Producer Registry, Socius Insurance Services, the PIA Partnership and Applied Systems.

Controversy continues surrounding the legalization of marijuana in certain states as the Justice Department issued a statement signed by Deputy Attorney General James Cole, asserting that the federal government is deferring its rights to challenge the states legalization laws.