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What does excess and surplus lines refer to?
This is the license class that enables an insurance agent and/or agency to place large and/or hard-to-place insurance risks with non-admitted insurance carriers, also known as surplus lines or excess lines carriers. This class of insurance has very stringent filing and reporting requirements in many states including requiring zero reporting by the surplus lines broker.
Definition of surplus lines broker?
Effectively, this is the responsible party that ensures all aspects of the surplus lines placement are compliant with specific state regulations. This individual or agency is also responsible for reporting the placement to the affected state as required by that state's statutes. The broker should be very aware of each state's varied requirements with regard to due diligence, affidavit filings and reporting.
Does China have a trade surplus or a trade deficit?
surplus Quantify the surplus amount as in March 2011
Which causes the price of grain from the plains to fall?
A surplus in crops
How are consumer surplus and producer surplus measured?
Consumer surplus and producer surplus are measured using the price applied. Consumer surplus is when a consumer pays a less amount than expected while producer surplus is when a product fetches more money that expected.
A nonadmitted insure who provides insurance coverages that are not available from an admitted insure is called?
A non admitted insurer is somettimes referred to as a surplus lines carrier.
What is surplus lines insurance?
Surplus Lines Insurance is insurance that is not written through the admitted market. The insurance companies that are approved to write Surplus Lines business are not considered "admitted" or "licensed" by the states. The insured is not covered by the state Guarantee fund which means that if a surplus lines insurer becomes insolvent; the insured has no recourse in the event of a claim.
What does excess and surplus lines refer to?
This is the license class that enables an insurance agent and/or agency to place large and/or hard-to-place insurance risks with non-admitted insurance carriers, also known as surplus lines or excess lines carriers. This class of insurance has very stringent filing and reporting requirements in many states including requiring zero reporting by the surplus lines broker.
What has the author Cozen O'Connor written?
Cozen O'Connor has written: 'Annotations to surplus lines statutes' -- subject(s): States, Law and legislation, Annotations and citations (Law), Excess and surplus lines insurance
Few lines on carrier in car racing?
in newzealand ground
What descriptors give the reader the feeling of excess and abundance in lines?
Descriptions of opulence, extravagance, luxury, and surplus can evoke the feeling of excess and abundance in lines. Words like lavish, overflowing, bountiful, and extravagant also help convey a sense of surplus.
How many T1s are in a T3 line?
There are 28 T1 carrier lines in a T3 connection.
Where can you get tattoo artist insurance?
Specialty types of insurance such as this are best found through a broker. A broker, as distinct from an agent, usually has access to many markets for insurance, and work on behalf of the buyer of insurance. In contrast, historically, an agent works on behalf of one or a couple of insurers and therefore has access to a smaller variety of coverage. You may have to go to a "surplus lines" company for this kind of coverage. This is an insurer that sometimes writes "odd" sorts of risks that are not insurable through the customary insurance market. You will need to consult a surplus lines broker to deal with a surplus lines insurer. You must be very careful to make sure that whatever insurer you do use is legitimate. There have been many scams over the years where con artists have set up "fronts" that look like insurers, but which have no financial substance and have no intention of paying claims. Check with the insurance department of your state to ensure that the company is authorized to transact insurance in the state. If you go through a surplus lines company, there may be a separate entity called a Surplus Lines Service (or Stamping) Office. Surplus lines companies are regulated differently than domestic insurers, however, the regulation that is afforded provides a measure of security.
What is a petagon?
If you mean a pentagon then it is a 5 sided polygon.
What is the acronym of surplus?
surplus
If you have an ternational driver's permit can you get auto insurance in the US?
Most likely yes, although it may be through a surplus lines company an very expensive.
What is the frequency and wave form of old land line phone carrier?
First answer.The landline phone has no carrier frequency it is a baseband signal with a 3KHz bandwidth.Correction:So there is a signal that can handle a 3KHz bandwidth, what do you call that signal? I call it a carrier, if you don't have a carrier, you will need to amplify the audio every 30 meters else you will end up with no audio at the end of the line. So there is a carrier on all phone lines. Note the carrier signal are up to 90 VPP and is AM modulated at the instrument, but in digital systems the carrier are switched on and of, FSK modulation.
