NU Online News Service, June 16, 2:58 p.m. EST
Florida's way of implementing federal surplus lines legislation is coming under heavy fire from industry trade groups.
The Florida Office of Insurance Regulation has announced it entered into the multi-agency Non-admitted Insurance Multi-State Agreement (NIMA) to comply with the July 21 deadline for implementation of the Non-admitted and Reinsurance Reform Act of 2010—a component of the Dodd-Frank financial services reform bill.
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