Pennsylvania Clarifies Additional Surplus Lines Fee
This clarification is related to confusion surrounding PA Insurance Law 310.74 that outlines that a "licensee may change a fee in addition to a commission to a person for the sale, solicitation, or negotiation of a contract of insurance for commercial business." It also notes that this fee must be disclosed in writing in advance. This clarification concludes that additional fees charged on a non-commercial surplus lines policy is a violation of the law noted here if the surplus lines producer also receives commissions from the insurer.
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