Surplus Lines Market definition

Surplus Lines Market means the entire scope of insurance business on risks resident, located or to be performed in this state, to be placed with a surplus lines insurer.
Sample 1Sample 2Sample 3

Examples of Surplus Lines Market in a sentence

  • Cioppa Superintendent Bulletin 439Placement of Insurance in Surplus Lines Market (Supersedes Bulletins 328 and 414)This Bulletin replaces Bulletins 328 and 414.

  • She said that there was a tremendous variety of foods, but they were “monotonous”.

  • Surplus Lines Market The surplus lines market consists of carriers offering policies covering entities engaging in activities for which the risk is too high for an admitted market insurance carrier to take on or for which there are too few businesses to accurately determine the risks associated with the activity.9 Surplus lines market rates are not regulated by the OIC and surplus lines market carriers do not need to disclose any rate formulas used to determine premiums.

  • The independent agent also has the capability to write insurance in the Excess and Surplus Lines Market as a last resort.

  • As has frequently been pointed out science is international rather than national.

  • Agenda For Today's Presentation ------------------------------- o Snapshot of Penn-America o Excess and Surplus Lines Market o Focused Business Strategy o Creating Shareholder value o Financial results o Growth at a value price Statements made in this presentation and certain information included in these materials that are not historical - including statements regarding future performance and expected insurance writings- are forward-looking statements and as such are subject to a number of risks.

  • For example, a 1% deductible on a $175,000 limit policy would result in a deductible of $1,750 for each loss.3 Surplus Lines Market In 2020, the most recent year for which data is available, surplus lines premiums represented only 3.42% of the entire Maine insurance market.6 As of January 3rd, 2022, 211 companies were eligible as surplus lines insurers.

Related to Surplus Lines Market

  • Securities Market means an established securities market.

  • Farmers market means a marketplace which operates seasonally, principally as a common market for Iowa-produced farm products on a retail basis for consumption elsewhere.

  • Day-ahead Scheduling Reserves Market means the schedule of commitments for the purchase or sale of Day-ahead Scheduling Reserves developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10 and the parallel provisions of Tariff, Attachment K-Appendix.

  • Primary Market means on any of (a) the American Stock Exchange, (b) New York Stock Exchange, (c) the Nasdaq Global Select Market, (d) the Nasdaq Global Market, (e) the Nasdaq Capital Market, or (e) the Over-the-Counter Bulletin Board (“OTCBB”)

  • JOBURG MARKET means Johannesburg Fresh Produce Market (SOC) Limited (trading as Joburg Market), a corporatized municipal entity incorporated in terms of the laws of the RSA under registration number 2000/023383/07 and with VAT registration number 4840195038, with its domicilium citandi et executandi situated at The Office of the CEO, 3rd Floor, Main Building, Joburg Market, 4 Fortune Road (off Heidelberg Road), City Deep, 2049, Johannesburg.

  • Stock Exchange The Stock Exchange of Hong Kong Limited

  • Stock Exchanges means BSE Limited and National Stock Exchange of India Limited;

  • online marketplace means a service using software, including a website, part of a website or an application, operated by or on behalf of a trader which allows consumers to conclude distance contracts with other traders or consumers;

  • Flea market means a market place, other than a dealer's location licensed under this chapter, where a space or location is provided for a fee or compensation to a seller to exhibit and offer for sale or trade, motor vehicles to the general public.

  • Local Exchange Carrier (LEC) Shall have the meaning set forth in 47 U.S.C. §153. Local Exchange Routing Guide (LERG): The Telcordia Technologies reference customarily used to identify NPA-NXX routing and homing information, as well as equipment designation. Local Interconnection Trunk or Local Interconnection Trunk Group: One-way or two-way trunks or trunk groups used to exchange Local Traffic between a switch of one Party and a switch of the other Party.

  • Stock Market means a market, or other place at which, or a facility by means of which—

  • PJM Markets means the PJM Interchange Energy and capacity markets, including the RPM auctions, together with all bilateral or other wholesale electric power and energy transactions, capacity transactions, ancillary services transactions (including black start service), transmission transactions and any other market operated under the PJM Tariff or Operating Agreement within the PJM Region, wherein Market Participants may incur Obligations to PJMSettlement. PJM Market Rules:

  • Local Exchange Carrier (LEC) is As Defined in the Act.

  • Data Local Exchange Carrier or "DLEC" is a CLEC interconnecting primarily for purposes of transporting data.

  • Final Exchange Bulletin means the Exchange Bulletin which is issued following closing of the Qualifying Transaction and the submission of all required documentation and that evidences the final Exchange acceptance of the Qualifying Transaction.

  • Nasdaq National Market means the National Association of Securities Dealers Automated Quotation National Market or any successor national securities exchange or automated over-the-counter trading market in the United States.

  • Secondary Market refers to a bulletin board platform at wxx.xxxxxxxxxxx.xx created by Masterworks.

  • 911 system means the set of network, database and customer premise equipment (CPE) components required to provide 911 service.

  • Large group market means the health insurance market under which individuals obtain health

  • Small group market means the health insurance market under which individuals obtain health

  • SIX Swiss Exchange means SIX Swiss Exchange AG and any successor thereto; and

  • Direct Market Access or “DMA” means an arrangement among a Sponsoring Broker, its Customer and BSEF that allows one or more representatives of that Customer to have Trading Access using the Participant ID of the Sponsoring Broker.

  • Day-Ahead Market has the meaning set forth in the CAISO Tariff.

  • NASDAQ means The Nasdaq Stock Market, Inc.

  • Real-time Energy Market means the purchase or sale of energy and payment of Transmission Congestion Charges for quantity deviations from the Day-ahead Energy Market in the Operating Day.

  • Pink OTC Markets means the OTC Markets Group Inc. electronic inter-dealer quotation system, including OTCQX, OTCQB and OTC Pink.