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When did the SLA begin utilizing SIC codes and for what purpose?

April 26, 2017purpose SIC SLA utilizing

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When did the SLA begin utilizing SIC codes and for what purpose?

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A. Effective 1/1/96 the SLA began assigning the SIC codes to all new and renewal policies. The purpose for the collection of this data by the SLA was to provide legislators with a more accurate scope of the broad range of businesses that utilize the surplus line market.