Surplus lines insurer definition

Surplus lines insurer means a non-admitted insurer with which insurance coverage may be placed under this chapter.

Surplus lines insurer means a nonadmitted insurer eligible under the law of the home state to accept business from a surplus lines licensee; for purposes of this compact, "surplus lines insurer" also means an insurer that is permitted to write surplus lines insurance under the laws of the state where such insurer is domiciled.

Surplus lines insurer means insurance procured by a

Examples of Surplus lines insurer in a sentence

• Surplus lines insurer" means a nonadmitted insurer [with which a surplus lines] that may place business, pursuant to Title 31A, Chapter 15, Part 1 and this rule, with a surplus lines [broker may place business pursuant to Title 31A, Chapter 15, Part 1 and this rule]producer.

• Surplus lines insurer" means an eligible unauthorized insurerdoing business in this state through surplus lines brokers,] insurers in accordance with Section 31A-15-103.

• Section 2, Article 1.14‑2, Insurance Code, is amended by amending Subsection (b) and by adding Subsection (c) to read as follows: (b) "Surplus lines insurer" means an [unauthorized] insurer determined to be eligible under Section 8 of this Article in which an insurance coverage is placed or may be placed under this Article.

• Surplus lines insurer An insurer that underwrites surplus lines insurance in the USA.

More Definitions of Surplus lines insurer

Surplus lines insurer means an insurer that is not licensed to do business in this state, but is nonetheless approved by the department to offer insurance because coverage is not available through licensed insurers.

Surplus lines insurer means a non-admitted insurer with which

Surplus lines insurer means an insurer not licensed to engage in the business of insurance in this State, but does not include a risk retention group, as that term is defined in Section 2(a)(4) of the Liability Risk Retention Act of 1986 (15 U.S.C. 3901(a)(4)).

Surplus lines insurer means a Nonadmitted Insurer permitted under the law of the Home State to accept business from a Surplus Lines Licensee.

Surplus lines insurer means a non-admitted insurer eligible under the law of the

Surplus lines insurer means a Non-Admitted Insurer eligible under the

Surplus lines insurer means a nonadmitted [or domestic surplus lines] insurer that is eligible to accept the placement of surplus lines insurance pursuant to Section 5 of this Act.