The first part of this book, Licensing, gives details concerning who must have a license connected to selling insurance, how those individuals go about getting a license, and what must be done to keep the license. It also provides licensing parameters for adjusters, brokers, third party administrators and others.

The second part, Surplus Lines, goes over what types of insurance may be placed with a surplus lines insurer, how surplus lines policies are taxed, and how the different states have incorporated provisions of the NRRA.

Details Section:

Initial and renewal license fees for various license types within each state

Prelicensing education and examination requirements, including applicable exemptions, within each state

List of continuing education requirements, including available exemptions, within each state

Diligent effort requirements regarding surplus lines placement

Surplus lines tax rates for each state

Report and record-keeping requirements for surplus lines agents

New in the 2024 Edition:

Access to Online Updates page where we post updates received after the book has gone to print

Range of statutes and administrative provisions that govern nonadmitted insurance in each state

Improved citations

Key Topics

Initial and Renewal License Fees

Licensing examination

Continuing education for different types of licenses

Diligent effort requirement before the placement of a surplus lines policy

Reporting and record-keeping requirements for surplus lines producers