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Texas Surplus Lines Association (TSLA) Issues Member Newsflash

Jul 26, 2016 Articles

On June 16, 2016, the Texas Supreme Court issued its ruling confirming the previous appeals court rulings that failure to exercise diligent effort prior to issuing a Surplus Lines policy does not invalidate the exclusions in the policy. TSLA stated, “The case will be highly relevant as TSLA continues to evaluate litigation risk associated with the current Diligent Effort statute and issues related to Diligent Effort at the Texas Legislature and Texas Department of Insurance.”

TSLA members can read a more in-depth analysis of the decision provided by Brackett & Ellis on the TSLA website. The text of the Court’s decision is available here.



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