S5896 — Permits a waiver of the diligent effort requirement in limited circumstances for certain insurance coverage to be placed by licensed excess line brokers with unauthorized insurers

S5896 — Permits a waiver of the diligent effort requirement in limited circumstances for certain insurance coverage to be placed by licensed excess line brokers with unauthorized insurers · Informed CitizenryThis bill amends the insurance law to allow for a waiver of the 'diligent effort' requirement for certain commercial lines insurance transactions. Specifically, it exempts both retail producing ins…Open in Informed Citizenry