NU Online News Service, May 25, 2:00 p.m. EDT
PALM DESERT, CALIF.–Officials with the American Association of Managing General Agents expressed confidence that few, if any, changes would be made to the surplus lines reform measure contained in the financial reform act now headed to a Congressional reconciliation committee.
Wayne G. Forest Sr., president-elect of the AAMGA and a member of Forest Insurance Facilities in Metairie, La., said that while there will be some changes in the overall financial reform legislation, no changes are expected to the surplus lines elements of the bill.
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