STATE
A state-by-state survey of managing general agent (MGA) laws, covering how each state’s licensing, registration, and appointment requirements, insurer-MGA contract provisions, and notification rules compare to the NAIC Model Law.
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Only state regulators could complicate an effort to simplify the regulation of surplus lines.
It’s long past time for agent appointments to go.
As businesses increasingly integrate artificial intelligence into operations, inconsistent state rules pose risk and compliance challenges.
