Surplus Lines Clause Samples
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Surplus Lines. Producer agrees to comply, when applicable, with all surplus lines laws, including but not limited to, maintaining required surplus lines producer licenses, performing required due diligence searches or otherwise qualifying policyholders for surplus lines insurance, completing and filing any required affidavits or other documentation, meeting surplus lines reporting obligations, and collecting and remitting on a timely basis all applicable surplus lines taxes, fees, and assessments. For all Policies issued by Company on a non-admitted basis, Producer shall file and stamp such Policies and provide all pre-sale and policy disclosures required by the applicable jurisdiction. At Company’s request, Producer will provide Company with a Surplus Lines Broker Acknowledgement (in the form required by Company) for any Policy issued on a non-admitted basis.
Surplus Lines. For insurers subject to Chapter 48.15 RCW (Surplus Lines) a written notice shall be given to the director of purchasing or designee 20 calendar days prior to cancellation or any material change to the policy(ies) as it relates to this Contract. Written notice shall include the affected Contract reference number.
Surplus Lines. In certain cases, placements that USI makes on Client’s behalf may require the payment of surplus lines taxes and/or fees to state regulators, boards or associations, which Client agrees to pay. Such taxes will be identified on marketing results and invoices covering these placements.
Surplus Lines. For insurers subject to Chapter 48.15 of the Revised Code of Washington (Surplus Lines) a written notice shall be given to Contract Administrator (20) calendar days prior to cancellation or any material change to the policy(ies) as it relates to this Contract. Written notice shall include the affected Contract reference number.
Surplus Lines. A policy by a Surplus Lines insurer is presumptively invalid unless the insurer is on the List of Approved Surplus Line Insurers (LASLI List) maintained by the California Department of Insurance. The LASLI List may be found at: