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What impact will the new law have on a fire and casualty broker-agent who handles a surplus lines transaction for a client through a licensed surplus lines broker?

April 26, 2017casualty client handles impact Law surplus transaction

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What impact will the new law have on a fire and casualty broker-agent who handles a surplus lines transaction for a client through a licensed surplus lines broker?

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The fire and casualty broker-agent (aka retailer) that goes through a licensed Surplus Lines Broker (aka wholesaler) to place the insurance with a non-admitted insurer does not need to be licensed as a surplus line broker.