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Commercial Lines Deregulation Bills Pass in New Hampshire and Oregon

Tuesday, June 20, 2017  
  Commercial Lines Deregulation Bills Pass in New Hampshire and Oregon   

SFAA and AIA have passed two commercial lines deregulation bills recently. In New Hampshire, a new law enacted under HB 150 exempts surety bonds from the rate and form filing requirements in existing law. The new law will take effect on August 1, 2017. In Oregon SB 985 would exempt surety insurance and certain other commercial lines of business for insurance from the existing law's rate and form filing requirements. The Insurance Commissioner would be granted the authority to exempt additional lines from the filing requirements. The bill has been sent to the Governor.

Members should visit Government Relations / General Info (Members) for more information.

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