N.Y. Surplus Lines Brokers Challenge Dept. On TRIA Regs Pearl River, N.Y.

Facing a new regulation they believe is a threat to the foundation of their business, New Yorks surplus lines brokers say their only alternative may be to take the states insurance regulator to court.

“Its really a last resort and not a step were eager to take,” Dan Maher, executive director of the Excess Line Association of New York, told National Underwriter.

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