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Frank Pennachio, Practice Leader, Growth Solutions, wrote for BenefitsPRO about the misconceptions and risks of self-insurance.
By ReSource Pro
Simplifying Surplus Lines Compliance in a Rapidly Growing Market The non-admitted insurance market is experiencing sustained growth, driving increased premium volume—and significantly greater regulatory complexity. As surplus lines business expands, brokers face heightened requirements around policy filings, premium tax calculations, stamping fees, and state-specific reporting deadlines. Managing these
Insurance Licensing: The Foundation of Compliance and Growth Insurance licensing is fundamental to operating legally and profitably. Without the appropriate individual and agency licenses in place, insurance organizations cannot generate revenue and risk significant penalties from state regulators. As organizations expand into new states, add lines of authority,
ReSource Pro’s corporate compliance solutions provide expert guidance and support for each step of the registration and compliance process – which varies by state and business structure – coordinating with multiple regulators as needed.
