FIC: DFS Bill With MGA and Exchange of Business Changes Passes House
By: Katrina Callaway, FIC General Counsel HB 1073, the Department of Financial Services (DFS) agency bill with changes to MGA licensure, exchange of business, life agent, and other insurance laws, passed the House on March 1, 2018 by a vote of 113-0. The bill now goes to the Senate for consideration and approval. The Senate…