It is good that the surplus lines Industry has gotten this revision, but they are also not regulated as to rate and rule and some forms, in certain states they have removed the no competition laws, filed to protect regulated companies from unfair competition, this will mean lawsuits to remove all regulation from states, as violation of possible anti-trust action…
It is good that the surplus lines Industry has gotten this revision, but they are also not regulated as to rate and rule and some forms, in certain states they have removed the no competition laws, filed to protect regulated companies from unfair competition, this will mean lawsuits to remove all regulation from states, as violation of possible anti-trust action…