Congressional passage of the surplus lines bill by the 111th Congress seems more likely in this session, but what form the bill will take remains a question, according to a Council of Insurance Agents & Brokers official.
"We are highly optimistic we will be able to pass the legislation," said Joel Wood, senior vice president of government affairs for the CIAB.
His comments came during a press conference yesterday to kick-off the CIAB's annual Legislative Leadership Summit that begins today in Washington, D.C., to discuss the political issues producers will be talking over with their Congressional representatives this week.
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