texas surplus lines legislation News

Texas ‘Industrial Insureds’ Surplus Lines Bill Signed into Law

On May 11, the Texas Senate passed a bill exempting certain policyholders from the requirement that agents to make a “diligent effort” to find insurance in the admitted commercial insurance market. Gov. Greg Abbott has signed the measure, which becomes …

Surplus Lines Insurance Bills Advance in Texas Legislature

The Texas legislature has pushed several bills related to the excess and surplus lines industry out of committee, the Surplus Lines Stamping Office announced. The Senate Business and Commerce Committee voted on April 18 to recommend that Senate Bill 1491, …