To export definition
To export means to place surplus lines insurance with a non- admitted insurer.
To export means to place surplus lines insurance with a non-
To export a policy means that an insurance agent,19 with the consent of the insurance applicant, places a policy with an unauthorized insurer under the Surplus Lines Law through a surplus lines agent.20 Unless an exception applies, in order to place business with a surplus lines insurer, the agent must make a “diligent effort” to place the policy with a Florida-authorized insurer, which is shown by having three written rejections of coverage from authorized insurers currently writing the type of insurance being sought.21 However, if the cost to replace a residential dwelling is $700,000 or more, then diligent effort is seeking and being denied coverage from at least one authorized insurer in the admitted market currently writing that type of coverage.22
Examples of To export in a sentence
To export entire production (whether manufactured/processed including seconds, waste and scrap material) to foreign countries in accordance with the provision of the Law subject to such concessions and facilities as provided in the SEZ Act/Rules etc.
To export entire production (whether manufactured/ processed including seconds, waste and scrap material) to foreign countries in accordance with the provision of the Law subject to such concessions and facilities as provided in the SEZ Act/Rules etc.
To export an Excel® file, click on the ‘Export as Excel File’ button.
To export a Google file, click on the ‘Export as Google File’ button.
To export a text report, first fill in the boxes in the group marked Report Header on the left of the screen.
More Definitions of To export
To export a policy49 means to place it with an unauthorized insurer under the Surplus Lines Law.50 Unless an exception applies, the insurance agent must make a diligent effort to procure the desired coverage from admitted insurers before the agent can place insurance in the surplus lines market.51 “Diligent effort” means, subject to certain exceptions, seeking coverage from and being rejected by at least three authorized insurers in the admitted market.52
To export means to place, in an unauthorized insurer under this Surplus Lines Law, insurance cover- ing a subject of insurance resident, located, or to be performed in this state.
To export means to send goods out of the Kingdom to a foreign country, and shall include:
To export a policy means to place it with an unauthorized insurer under the Surplus Lines Law.26 Unless an exception applies, before an insurance agent can place insurance in the surplus lines market, the insurance agent must make a diligent effort to procure the desired coverage from admitted insurers.27 “Diligent effort” means seeking and coverage being rejected from at least three authorized insurers in the admitted market; however, if the cost to replace a residential dwelling is $1,000,000 or more, then only one coverage rejection is needed prior to export. In that case, diligent effort is seeking and being denied coverage from at least one authorized insurer in the admitted market.28 The law further specifies that:29
To export a policy53 means to place it with an unauthorized insurer under the Surplus Lines Law.54 Unless an exception applies, the insurance agent must make a diligent effort to procure the desired coverage from admitted insurers before the agent can place insurance in the surplus
To export means to export inter-stat e as defined i n claus e (l ) of sectio n 2 of the Dangerous Drugs Act, 1930; and
To export means to send, carry, despatch, forward, or convey outside or beyond the borders or boundaries of the State of New South Wales.