The Idaho Department of Insurance has implemented new services for surplus line brokers on its Web site at www.doi.idaho.gov/company/surpluslinesinsurer.aspx.
Brokers now will be able to:
1. View a current up-to-date list of eligible surplus line insurers;
2. Print or download the list as an Excel spreadsheet; and
3. View the insurer’s contact information.
According to the Department of Insurance, brokers bear the responsibility of verifying that an insurer is currently listed prior to placing coverage with such insurer. The Surplus Line Association of Idaho Inc., which is also notified of all changes to the list of eligible surplus line insurers, is a source of this information as well as the Idaho Department of Insurance.
Source: DOI
Was this article valuable?
Here are more articles you may enjoy.
Hong Kong Orders Citywide Scaffolding Nets Removal After Blaze
State Farm Sued Over Policies Backed by Distressed Insurer PHL
Losses Top $20 Billion in Asia Floods as Climate Risks Grow
Massive Wildfire Liabilities Push Utilities to Use AI to Stop Blazes