News
Diligent Effort Requirement Repealed for Surplus Lines Placement in Late Passing Bill
May 29, 2025, 10:02 AM
by
Tracy Pafford
Following negotiations between the House and Senate in the final days of the legislative session, House Bill 1549: Financial Services has been approved and is now headed to the Governor for signature. The bill repeals the requirement for a diligent effort when placing business in the surplus lines market. Other provisions of the eligibility to export law remain unchanged.