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What Non-Admitted Insurers Are Eligible for Placement of Insurance?

Submitted by VLHudson on
Answer

Surplus Lines Brokers shall not knowingly place or continue surplus lines insurance with non-admitted carriers who are insolvent or unsound financially, and in no event shall any Surplus Lines Broker place any insurance with a non-admitted insurer. The Department currently does not publish a list of eligible surplus lines insurers. The NAIC maintains a quarterly list of alien insurers eligible to write surplus lines premium. For the list visit the NAIC website.

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