Once thought to be the “black sheep” of the insurance industry, the surplus lines market has continued to grow and develop legitimacy and respectability in the eyes of the industry and regulators. When it comes to finding a market for unusual and sometimes uninsurable risks, the surplus lines market is usually the only option. This class covers the history of surplus lines, how regulation differs from admitted carriers, and the advantages of operating on a surplus lines basis.

Class highlights include:

• Benefits of Surplus Lines Markets


• Examples of Unique Risks


• Lack of Market Capacity


• Rates and Forms


• Premium Taxes


• Sample Export List


• Surplus Lines Agent Responsibilities


• Disclosure Requirements


• Approved for 3 Hours of Elective Continuing Education