Nonresident Surplus Brokers in Alabama Must Have $50,000 Bond Starting Jan. 1

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Insurance Journal - Nov 12, 2024

Nonresident surplus lines brokers working in Alabama, like their in-state brethren, must secure a $50,000 fidelity bond to be licensed in the state, starting Jan. 1. The Alabama Department of Insurance posted the bulletin last week. A form is available …...

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