Compliance, with Southern Hospitality.

On November 12, 2015, the Mississippi Insurance Department issued Bulletin 2015-5 providing guidance regarding a new nonadmitted insurance form for the retail insurance producer conducting business in the surplus lines market. Duly licensed retail insurance producers are no longer required to hold a surplus lines license. Only the surplus lines insurance producers who deal directly with the nonadmitted insurer are required to hold a surplus lines license. ***

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