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July 2, 2015

State Agencies More Stringent About Insurance Requirements for PI Agencies

NEWPORT BEACH, CA – The General Liability insurance policies that are maintained by many security and private investigation agencies will most likely have inadequate coverage in the event of a claim. In an effort to regulate such agencies, some states are taking measures to provide an oversight of such coverage.

In 2014, Assembly Bill 2220 was introduced by the State of California to add Section 7583.39 to the Business and Professions Code relating to private security services. In order to mainta
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