Insurance associations representing brokers who sell excess and surplus lines say they will move aggressively this year to secure passage in Congress of legislation reforming and modernizing regulation of the surplus insurance market. The associations will seek support from state agencies as well.
"We're working very hard to secure passage of legislation that brings the sales and regulatory process for surplus lines agents and brokers into the 21st century," said Mark Rothert, president of Ron Rothert Insurance Services in Portland, Ore.
Mr. Rothert is also the senior vice president of the Western Region for the American Association of Managing General Agents, as well as board liaison to the Governmental Affairs Committee of AAMGA, based in King of Prussia, Pa.
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