I thank my friend from South Dakota for this important clarification. This is an important issue, particularly in those limited high-risk areas where surplus lines insurance serves as an essential part of the homeowners insurance market. I agree with his reading of the statute, because state law already sets the parameters as to when surplus lines insurance is acceptable. ____________________
Mike Crapo: “I thank my friend from South Dakota for this important clarification. This is an important issue, particularly in those…”
On the recordSeptember 10, 2012
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