Nonadmitted insurance definition

Nonadmitted insurance means any property and casualty

Nonadmitted insurance. ' means any property and casualty insurance permitted to be placed through a surplus lines broker with a nonadmitted insurer eligible to accept that insurance.

Nonadmitted insurance. ’ means any property and

Examples of Nonadmitted insurance in a sentence

• Non-admitted insurance carriers providing any form of insurance coverage must be: a.

• Nonadmitted insurance: any property and casualty insurance permitted to be placed directly or through a surplus lines broker with a nonadmitted insurer eligible to accept such insurance (15 U.S.C.§8206 (9)).

• Please reach out to your Review Team to make the request.To expedite the review process, the agent will want to make sure they have the followinginformation available.

• Nonadmitted insurance The term "nonadmitted insurance" means any property and casualty insurance permitted to be placed directly or through a surplus lines broker with a nonadmitted insurer eligible to accept such insurance.

• Non-admitted insurance concerns do not solely exist in the PPP context.

More Definitions of Nonadmitted insurance

Nonadmitted insurance means surplus lines insurance and independently procured insurance.

Nonadmitted insurance means any property and casualty insurance permitted to be placed directly or through a surplus lines producer with a nonadmitted insurer eligible to accept such insurance pursuant to section 26.1-44-03.

Nonadmitted insurance means any property and casualty insurance permitted to be

Nonadmitted insurance or “surplus lines insurance” means any insurance coverage permitted by § 56-14-105 to be placed directly or through surplus lines agents with a nonadmitted insurer eligible pursuant to § 56-14-108;

Nonadmitted insurance means any property and casualty insurance permitted to be placed directly or through a surplus lines broker with a nonadmitted insurer in this state only under sections 60A.195 to 60A.209.

Nonadmitted insurance means any Property and Casualty Insurance permitted in a State to be placed directly or through a Surplus Lines Licensee with a Nonadmitted Insurer eligible to accept such insurance. For purposes of this Agreement, Nonadmitted Insurance includes Independently Procured Insurance and Surplus Lines Insurance.

Nonadmitted insurance means any insurance written on properties, risks or exposures, located or to be performed in this state, by an insurer not licensed to engage in the transactionbusiness of insurance in this state [or a dDomestic sSurplus lLines iInsurer].