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Should FLTA Work to Increase the Requirements to Become An Agent or Agency?
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05/24/2012 2:19 PM
Last year, the Agent's Section voted overwhelmingly to work to preserve the current bond requirements in law, and appointed a working group to look at whether the industry would be well served by (a) increasing the level of required bonds over a period of years; (b) strengthening the education and experience requirements for obtaining licensure; and/or (c) otherwise increasing the financial commitment and standards required to be an agent or open an agency.
Their work is continuing.
Please tell us what you think about those ideas. Good? Bad? or just outline the considerations you thing should be kept in mind.
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