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PIA Analysis - Florida Countersignature Decision

As we reported to you last week, on September 30, 2003 Judge Robert L. Hinkle of the U.S. District Court for the Northern District of...
October 13, 2003

As we reported to you last week, on September 30, 2003 Judge Robert L. Hinkle of the U.S. District Court for the Northern District of Florida ruled the state's insurance countersignature law unconstitutional. Hinkle ruled that statutes requiring non-resident insurance agents and brokers to have a Florida resident agent "counter-sign" any insurance policies placed by the non-resident, and to pay the resident agent a fee mandated for that service, are unconstitutional. The judge further ruled that statutes prohibiting non-resident agents and brokers from being licensed as surplus lines brokers are unconstitutional.

PIA National has completed an analysis of the potential impacts of these rulings, and how they may play out not only in Florida, but for agents in other states.

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