What are the eligibility requirements for surplus lines insurers?

Surplus lines insurers domiciled in a U.S. jurisdiction - A surplus lines licensee is permitted to place insurance with such insurers provided that:

  • They are approved to write such business in their State of domicile.
  • They maintain a minimum capital and surplus of $15 million or the minimum capital and surplus amount required in a State.

Surplus Lines insurers domiciled outside the U.S. jurisdiction - A surplus lines licensee is permitted to place insurance with such insurers provided that: