surplus lines broker bonds

Research On Surplus Lines Broker Bond

In 2014, our office licensed greater than 18,000 resident and non-resident insurance producers. The Department of Insurance is unable to guarantee the accuracy of this translation and is due to this fact not responsible for any inaccurate information resulting from the interpretation software device.

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Surplus Lines Broker Bond, A Guide For You

1-888-416-0868 or (615) 741-2693 This workplace is liable for the licensing and regulation of insurance producers, business entities, title agencies, surplus lines agents, car club agents, education providers, public adjusters, public adjuster enterprise entities, crop adjusters, viatical settlement providers, brokers and funding agents, transportable electronic distributors and self-service storage insurance facilities. A: The broker’s bond solely needs to be issued to and filed by the brokerage with the CDI, not the person producers endorsed onto the brokerage’s business entity license.

As you and your company expand in different states to meet the needs of the growing surplus lines insurance market, Supportive Insurance Providers will work with you and your corporation to acquire and preserve your surplus lines insurance licensing as effortlessly and expediently as possible.

SECTION 38-forty five-ninety. Duties of brokers inserting business with nonadmitted insurers; statements and reviews; due diligence.

Nevada Division Of Insurance

Your GOOD CREDIT WORTH for a California Surplus Linse Broker Bond is $500. DIFS doesn’t have statutory authority to subject a surplus lines tax refund, however credit could also be taken for canceled enterprise with supporting documentation. Declaration sheets are usually not required to be submitted with the report; nevertheless, they may be requested during a tax examination or an on-site audit.

Take 2 minutes to provide the basic info required to get the best rates in your Georgia Surplus Lines Broker Bond The quote request is free and there is no obligation to you. In the event you prefer, please name 1‐800‐608‐9950 to speak with one among our pleasant bond experts. We can help information you thru the bonding course of and identify the lowest value in the market for your scenario.

All About Surplus Lines Broker Bond

In 2014, our workplace licensed more than 18,000 resident and non-resident insurance producers. Any Alien (non-U.S.-domiciled) insurer that’s listed on the Quarterly Itemizing of Alien Insurers maintained by the NAIC Worldwide Insurers Department.