Annotations To Surplus Lines Statutes, Sixth Edition

Each state has its own chapter, which begins by conveying details of the state’s insurance department. Each chapter then includes discussions of non-admitted insurer eligibility and insurer lists, the types of coverage eligible for export, and what transactions are exempt from the surplus lines law. Suits, including service of process and filing requirements, follow.

The chapters each include information primarily needed by surplus lines brokers and agents, primary producers, and their insureds. The authors cover, for example, agent filing requirements, broker duties in searching for admitted capacity and in selecting non-admitted insurers, mandatory notices to insureds, and taxes and fees. They also cover exemption provisions including provisions influenced by the NRRA, such as the NRRA’s definition of exempt commercial purchasers (15 U.S.C. § 8201).

So if your area of practice touches upon nonadmitted insurers or surplus lines brokers, the physically attractive Sixth Edition of Annotations To Surplus Lines Statutes likely deserves a place on your bookshelf. The comprehensive information within it can be cobbled together separately but with considerable effort. Why not simply have it within arm’s length?