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AA MGA 2013 Annual Meeting MGA and Stamping / Surplus Lines Offices Registration Form All attendees are encouraged to register by way of the internet at the AA MGA homepage: www.aamga.org. On-line
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MGA stands for Managing General Agent, which is a firm or individual that underwrites and manages insurance policies. Surplus lines refer to insurance coverage that is not available in the regular insurance market.
Insurance companies, agents, and brokers who engage in managing general agent activities or selling surplus lines insurance are required to file mga and surplus lines.
To fill out mga and surplus lines, the necessary forms provided by the regulatory authority must be completed with accurate and relevant information regarding the insurance policies underwritten or sold.
The purpose of mga and surplus lines is to regulate and oversee the activities related to managing general agents and the sale of surplus lines insurance, ensuring compliance with applicable laws and protecting consumers.
Information such as policy details, insured parties, coverage amounts, premiums, commissions, and other relevant information regarding the managed insurance policies or surplus lines must be reported.
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