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S05896 Summary:

BILL NOS05896
 
SAME ASSAME AS A05253
 
SPONSORBRESLIN
 
COSPNSRGALLIVAN, PALUMBO, WEBB
 
MLTSPNSR
 
Amd §2118, Ins L
 
Permits a waiver of the diligent effort requirement in limited circumstances for certain insurance coverage to be placed by licensed excess line brokers with unauthorized insurers where a retail producing insurance broker seeks to procure or place commercial lines insurance through an unaffiliated wholesale excess line insurance broker.
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