NU Online News Service, March 23, 2:58 p.m. EDT

The benefits of the surplus-lines-modernization law enacted in 2010 are already being felt through greater efficiency in the marketplace and likely lower premiums for customers, according to an official of the National Association of Professional Surplus Lines Offices.

Brady Kelley, NAPSLO executive director, made those observations in comments on the surplus-lines industry before the Networks Financial Institute's Insurance Reform Summit, held Wednesday inWashington.

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