Publisher's Synopsis
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.
Highlights of the 2023 Edition:
All the information has been reviewed against current statutes and insurance department information and updated as needed. This title has been reformatted so that certain information is displayed in chart format in order to make the content clear and easy to find.
Topics Covered:
- Who the licensing laws apply to
- When and how to apply for a license
- Reciprocity for nonresidents, if applicable
- Appropriate prelicensing education, if applicable
- Continuing education requirements and which licensees must fulfill them
- Acts and omissions that constitute insurance fraud
Licensing & Surplus Lines Laws comes to you from the editors of FC&S Expert Coverage Interpretation, which is committed to keeping you up-to-date on the latest insurance coverage interpretations and analyses. It is the authoritative reference tool for agents and underwriters who need to know how a policy may be legally terminated by an insurer.
