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Committee approves consolidation of surplus-lines broker reporting into premium filings
2407648 · January 27, 2025
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Summary
The Department of Insurance presented IDAPA 18.06.06, clarifying surplus-lines procedures and consolidating brokers' annual reports with premium tax filings; the committee approved the changes by voice vote.
The committee reviewed the Department of Insurance's proposed surplus-lines rule (IDAPA 18.06.06). Eric Fletcher, company activities bureau chief, said the rewrite simplifies procedures for placement of surplus-line insurance and…
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