INS § 1764.2
Where this section sits in the code
- Insurance Code - INS
- DIVISION 1. GENERAL RULES GOVERNING INSURANCE [100. - 1879.8.]
- PART 2. THE BUSINESS OF INSURANCE [680. - 1879.8.]
- CHAPTER 6. Surplus Line Brokers [1760. - 1780.]
No surplus line broker shall issue any evidence of insurance or cause or purport to cause any risk to be insured by a nonadmitted insurer or advise any home state insured or home state insured applicant for insurance that coverage has been or will be obtained from a nonadmitted insurer unless:
(a) The broker has prior written authority from the nonadmitted insurer to cause the risk to be insured;
(b) The broker has received advice in the ordinary course of business that the coverage has been obtained; or
(c) A policy of insurance covering the insured for the risk has actually been issued by the nonadmitted insurer and delivered to the insured or his or her representative.
Collected 2026-09-14T05:56:33Z. Source file · JSON