FIC: Surplus Lines Bill Starts Moving in House
By: Katrina Callaway, FIC General Counsel During its meeting on February 20, 2019, the House Insurance and Banking Subcommittee passed HB 387, a bill dealing with surplus lines. One amendment (PDF) was adopted to the bill. As amended, the bill: Continues to allow a per-policy fee charged by a surplus lines agent, but removes the…