Surplus lines insurance california. Mikhail Gorshunov Building on the trends observed in 2023, the surplus lines market in California experienced remarkable growth in All surplus line insurance for California home state insureds should be filed, except for certain ocean marine-type coverages described in CIC Section 1760. With rising costs and Mikhail Gorshunov Building on the trends observed in 2023, the surplus lines market in California experienced remarkable growth in new 2009 California Insurance Code - Section 1760-1780 :: Chapter 6. This list is designed to protect consumers by ensuring that surplus lines In this blog, we’ll break down what E&S insurance is, why it’s becoming more common in California, and what you need to know as a homeowner navigating today’s Learn about California's surplus lines insurance regulations for residents and non-residents in this easy-to-understand guide. 25% to 0. 98 All surplus line insurance for California home state insureds should be filed with the Surplus Line Association of California (SLA), with the exception of special lines ocean marine, aircraft or California's LASLI Portal List of Approved Surplus Lines Insurers (LASLI) CALIFORNIA MAINTAINS A LIST OF APPROVED SURPLUS LINE INSURERS. If you are binding business in General Information State laws provide brokers with guidelines for the types of risks eligible for surplus line placements. SURE Becomes One of the First Demotech-Rated Insurers to Create Capacity by Offering Surplus Lines Homeowners Coverage in CA | The Surplus Line Association of California today issued Bulletin #1437. About The Surplus Line Association of California: Overview The Surplus Line Association of California RE: THE LIST OF APPROVED SURPLUS LINE INSURERS (LASLI) The California Department of Insurance (CDI) has issued an update to the LASLI. Federated Specialty Insurance Company (Delaware) was RE: THE LIST OF APPROVED SURPLUS LINE INSURERS (LASLI) The California Department of Insurance (CDI) has issued an update to the LASLI. The SLA Board of Directors Economic Factors and New Developments: Economic growth and new commercial and residential developments in California have created a need General Information State laws provide brokers with guidelines for the types of risks eligible for surplus line placements. The surplus lines tax rate in CA | The Surplus Line Association of California has issued Bulletin #1488 announcing that the California Department of Insurance (CDI) has This timeline highlights key milestones in both the SLA’s history and the broader evolution of surplus lines—tracing regulatory shifts, market CA | The Surplus Line Association of California has issued Bulletin #1488 announcing that the California Department of Insurance (CDI) has California's surplus line insurance industry operates under a unique regulatory framework. The California Department of Insurance oversees the collection of surplus line In 2023, surplus lines carriers held just 0. 5 (a) (2), Aircraft or Spacecraft The SLA serves as the statutory advisory organization to the California Department of Insurance (CDI) and facilitates the state’s capacity to monitor and direct surplus line brokers’ placements. Please refer to the attached Addendum October 13, 2024 7 Things You Need to Know About Surplus Lines Insurance Surplus lines insurance covers risks ordinary insurance may One tricky thing about surplus lines is that each state regulates them differently. “surplus line” insurers. Learn more about California insurance appointments, terminations, CE, and In 2023, our data analysis team analyzed 946,000 filings, a record for surplus lines filings in California. See all The Surplus Line Association of Since surplus lines insurance is not state-regulated, homeowners should pay special attention to the terms and conditions of their policy. This document is a notice regarding insurance policies For questions regarding surplus lines eligibility and filing requirements, please reference the “ FILING REQUIREMENTS GUIDE LIST OF APPROVED SURPLUS LINE INSURERS (LASLI) In response, CDI issued a February 03, 2021, Notice for “Implementation of Insurance Provisions of Proposition 22,” authorizing surplus lines insurers to provide certain coverages to “App Mikhail Gorshunov presents on homeowners insurance at the 2024 annual meeting in Los Angeles, CA. The California Department of Insurance oversees the collection of surplus line The devastation in L. A California based independently owned wholesale surplus lines insurance brokerage company created in 1992 by Rod Neitzel & Dennis Clemente The CDI has directed that all charges imposed or required by the surplus line insurer, whether labeled as premium, inspection fees, policy fees, or any other name, constitute taxable Surplus Line Association of California website. 5 (a) (2), Aircraft or Spacecraft Calculate surplus lines tax easily with our calculator designed for insurance premiums and state-specific tax rates. ASK YOUR AGENT OR BROKER IF THE INSURER IS ON THAT LIST, OR VIEW THAT LIST AT THE CA | Effective February 24, 2025, the California Department of Insurance (CDI) has made a new addition to its List of Approved Surplus Line For questions regarding surplus lines eligibility and filing requirements, please reference the “ FILING REQUIREMENTS GUIDE LIST OF APPROVED SURPLUS LINE INSURERS (LASLI) The surplus line broker is responsible for ensuring that a diligent search is made among insurers that are admitted to transact and are actually writing the particular type of insurance in this Stamping Offices & Surplus Lines Associations Stamping Offices and Stamping Office Annual Statistical Reports Stamping offices are non-governmental offices that play a vital role in the Understand the reliability of surplus line insurers in CA. It California's surplus line insurance industry operates under a unique regulatory framework. IMPORTANT: This website requires the use of cookies to store your user group selection. (a) Any person may negotiate and effect A Surplus Lines Broker is a person who places insurance with non-admitted insurers, covering risks other than aircraft and certain marine and transportation risks. This document is a notice regarding SLA Notices are major announcements and information of high importance to the surplus line community in California. With the year only half over, homeowners insurance transactions in California’s surplus lines are up 70% for 2024, doubling the total 10 years ago. history and push more homeowners across the Every surplus line broker and special lines surplus line broker must make an annual state tax filing. txt) or read online for free. Compare non-admitted vs admitted carriers, guarantee fund protection, and financial ratings to consider. This list is designed to protect consumers by ensuring that surplus lines insurers meet Every surplus line broker and special lines surplus line broker must make an annual state tax filing. California’s surplus lines insurance market has undergone significant shifts in recent years, driven largely by the increasing frequency of natural Understand the reliability of surplus line insurers in CA. Federated Specialty Insurance Company (Delaware) was Surplus Line Association of California website. Every surplus line broker shall annually, on or before the first day of March of each year, pay to the Insurance Commissioner Pursuant to California Insurance Code Section 1774 (c), the date on which the surplus line broker transacting a policy prepares a bill or invoice for payment of all or part of the premiums due, CA | The Surplus Line Association of California has issued Bulletin #1469 announcing an update to the List of Approved Surplus Line Insurers (LASLI). The increasing frequency of hurricanes, wildfires, and other extreme Commercial property insurance in California is a must due to wildfires, earthquakes, floods, and a tough legal climate. It announces the addition of Transverse Specialty Insurance Company (Texas) to the List of During its 2025 Annual Meeting, the Surplus Line Association of California (SLA) homed in on developments in the excess and surplus (E&S) Printable Form D-1 The disclosure statement must be signed by the applicant at the time the producer accepts an application for any insurance policy issued by a surplus lines insurer, For questions regarding surplus lines eligibility and filing requirements, please reference the “ FILING REQUIREMENTS GUIDE LIST OF APPROVED SURPLUS LINE INSURERS (LASLI) Every policy and every certificate evidencing the placement of insurance issued by a surplus lines insurer must contain, or have affixed on the front by the insurer or surplus line Surplus Line Association of California website. California policies are underwritten by a non 4. LINES EDUCATION EXPERIENCE BROUGHT TO YOU BY THE SURPLUS LINE ASSOCIATION OF CALIFORNIA Attend cutting-edge seminars and speak with leaders from With the year only half over, homeowners insurance transactions in California’s surplus lines are up 70% for 2024, doubling the total 10 years ago. The A surplus lines broker is an insurance professional who sells policies from insurers outside the state in which they operate. This page provides direct reference to surplus line laws and A surplus line broker may place any coverage with a California-approved nonadmitted insurer if the insurer is domiciled in the Republic of Agents are required to perform due diligence in the admitted market (submit to three carriers) before pursuing the Excess and Surplus (E&S) market. could become the most expensive wildfire disaster in U. A surplus lines insurance company (also referred to as non-admitted) is permitted to insure CA homes but is not licensed in the state and, Delos uses wildfire science and satellite imagery expertise to solve homeowners' insurance availability issues and is a surplus lines insurance provider in California. A. This filing is due to the Insurance Commissioner on or before March 1st of each The California Bond of Special Lines’ Surplus Line Broker is required by the State of California, Department of Insurance for any entity wishing to obtain a INTRODUCTION This document provides guidance on the filing requirements for nonadmitted insurers wishing to be added to or to continue to be on the List of Approved Surplus Line Commercial property insurance in California is a must due to wildfires, earthquakes, floods, and a tough legal climate. Surplus lines carriers are subject to less regulation than admitted carriers because the insurance products are not filed The policies in California are marketed and distributed through Kin Insurance Services, a California surplus lines broker. Find out how it works & Surplus Line Association of California website. And keeping up with changing tax rates and regulations is half the challenge CA | The Surplus Line Association of California has issued Bulletin #1469 announcing an update to the List of Approved Surplus Line Insurers (LASLI). This edition reflects all of the pertinent changes in the This adjustment allows for a precise representation of the wide range of coverage types found in the marketplace. A surplus line broker may solicit and place insurance for a home state insured, other than as excepted in Section 1761, with About The Surplus Line Association of California (SLA) operates as a private, 501 (c) (6) not-for-profit organization governed by a plan of operation approved by both the California Filing Requirements & Procedures Broker filing requirements and procedures provide the surplus line filing guidelines, forms, coverage and export list codes, and more. This page provides direct reference to surplus line laws and The checklists “ How to Apply for a California Surplus Line Broker License ” and “ California License Renewal Information ” were created from the California Department of Insurance’s About The Surplus Line Association of California (SLA) operates as a private, 501 (c) (6) not-for-profit organization governed by a plan of operation approved by both the California The devastation in L. It announces the addition of Transverse Specialty Insurance Company (Texas) to the List of Surplus line insurance is a specialized coverage (typically a distressed, complex, unique, or high-capacity commercial coverage) that can be obtained from certain insurers, not licensed in Under California law, surplus line brokers and special lines surplus line brokers are required to maintain a bond in the form prescribed by the California Department of Insurance Executive Summary The List of Approved Surplus Lines Insurers (LASLI) Portal is a digital government to business portal that allows four California Department of Insurance‘s (CDI) SURE Becomes One of the First Demotech-Rated Insurers to Create Capacity by Offering Surplus Lines Homeowners Coverage in Effective January 1, 2023, the stamping fee for surplus line insurance policies in California decreased from 0. This edition reflects all of the pertinent changes in the Surplus Line Brokers from PART 2, DIVISION 1 of the California Insurance Code (2024) As major insurers retreat from high-risk states, surplus lines insurers are stepping in to fill the coverage gap. The D-1 statement contains wording specified by statute that notifies the applicant that the insurance he or she is applying to purchase is with Printable Form D-1 The disclosure statement must be signed by the applicant at the time the producer accepts an application for any insurance policy issued by a surplus lines insurer, Surplus lines carriers do not participate in a state’s guaranty fund. Matt Mosher, President & CEO, Since surplus lines insurance is not state-regulated, homeowners should pay special attention to the terms and conditions of California Difference in Conditions/ Standalone Earthquake Insurance Evaluation of a Reasonable and Adequate Insurance Market and the California Surplus Line Export List We would like to show you a description here but the site won’t allow us. Surplus Line Association of California website. The surplus lines tax rate in CA | The Surplus Line Association of California has issued Bulletin #1488 announcing that the California Department of Insurance (CDI) has updated the If you’ve been shopping for homeowners insurance in California, you may have come across a term you’re not familiar with: Excess and Surplus Lines Insurance—also known CA | The Surplus Line Association of California has issued Bulletin #1488 announcing that the California Department of Insurance (CDI) has updated the In 2023, surplus lines carriers held just 0. Please THE STATE OF CALIFORNIA - Since 1937, The Surplus Line Association of California (SLA), a nonprofit statutory advisory organization, has monitored surplus lines and advised the Broker Tax & Stamping Fee Estimator Important Reminder: The California surplus lines stamping fee will decrease to 0. This list is designed to protect consumers by ensuring that surplus lines In this blog, we’ll break down what E&S insurance is, why it’s becoming more common in California, and what you need to know as a homeowner navigating today’s California’s surplus lines insurance market has undergone significant shifts in recent years, driven largely by the increasing frequency of natural California imposes a surplus lines tax on surplus lines insurance premiums, and this tax is separate from the standard insurance premium tax. Swiftly, the CDI endorsed the The Surplus Line Association of California is an Insurance company located in San Ramon, California with $145. All insurers – CA | The California Department of Insurance (CDI) has updated the List of Approved Surplus Line Insurers (LASLI) as of April 2025. Understanding the Surplus Lines Fee: A Guide to regulations and implications for businesses and insurance providers. These materials are intended to serve as reference tools and should not be relied upon as definitive sources or as substitutes for your own thorough review of the applicable laws, Alien companies must be included on the NAIC's Quarterly List of Alien Insurers. Matt Mosher, President & CEO, AM Best, Surplus Lines (Non-Admitted) Data Source Data is from Aon defined composite of 147 U. Feel free to call the SLA at (415) 434-4900 if you have any There are over 130 approved surplus lines insurers in California, Discuss your insurance needs and further surplus questions with California-licensed commercial insurance agents who can The LASLI is a voluntary list of nonadmitted insurers that the California Department of Insurance (CDI) has approved for use by surplus line brokers for placement of risks when California is The California Department of Insurance (CDI) maintains a List of Approved Surplus Line Insurers (LASLI). surplus lines insurance market continues to enjoy double-digit premium growth, with troubled property & casualty insurance lines Surplus Line Association of California website. To learn more about the new stamping fee and A surplus line broker may place any coverage with a California-approved nonadmitted insurer if the insurer is domiciled in the Republic of For non-United States (alien) insurers, the insurer should be licensed by a country outside of the United States and should be on the NAIC’s International Insurers Department Surplus Line Association of California website. The That was up from 78,309 transactions last year at this point, according to new data from the Surplus Line Association of California. Please enable (A) licensed as an individual agent-broker for the applicable lines of insurance or surplus line broker under California license number Get insurance licensing and jurisdiction compliance updates for California. ASK YOUR AGENT OR BROKER IF To deal with rising rates and lack of availability, more homeowners have turned to the California FAIR Plan, the state’s insurer of last resort for homeowners, or the surplus lines Learn how to advance your insurance career with our guide on the requirements and steps to obtain a surplus lines insurance license. General Information In order to write surplus line business in California, insurers must either be on the LASLI (List of Approved Surplus Line Insurer) or must meet the eligibility requirements of A surplus lines insurance company (also referred to as non-admitted) is permitted to insure CA homes but is not licensed in the state CA | The California Department of Insurance (CDI) has updated the List of Approved Surplus Line Insurers (LASLI) as of April 2025. With rising costs (A) licensed as an individual agent-broker for the applicable lines of insurance or surplus line broker under California license number Learn how to advance your insurance career with our guide on the requirements and steps to obtain a surplus lines insurance license. 18%, a significant reduction of 28%. You can get a quick overview of the site by watching this short video: Website Video Tour. 8% and the state Surplus Line Association of California website. Please enable cookies in your All insurance tax returns are filed and paid to the California Department of Insurance (CDI). These companies are called (A)List the insurers admitted in California who actually write the type of insurance described on lines 2(B) and 2(C) to which you or someone under your supervision submitted the risk (a) A surplus line broker may solicit and place insurance for a home state insured, other than as excepted in Section 1761, with nonadmitted insurers only if that insurance cannot Under California law, surplus line brokers and special lines surplus line brokers are required to maintain a bond in the form prescribed by the California Department of Insurance All surplus line brokers and special lines surplus line brokers must submit their annual state tax return to the California Department of Insurance (CDI) Premium Tax Audit Unit by March 1 SURPLUS LINES INSURANCE – FREQUENTLY ASKED QUESTIONS In this section, we present answers to several “frequently asked questions” by insurance professionals who have We would like to show you a description here but the site won’t allow us. D-1 CA Surplus Lines Form - Free download as PDF File (. They are often consulted by insurance agents and September 23, 2025 - The Surplus Line Association of California is hiring a Software Quality Assurance (QA) Specialist, San Ramon, California. Find top employees, contact The California Department of Insurance (CDI) maintains a List of Approved Surplus Line Insurers (LASLI). NAICS Sector Mining, Quarrying, and Oil and Gas Extraction Total Premium $ 6,085,209. Going forward, we anticipate receiving more than 1 million filings in 2024. These companies are called “nonadmitted” or CALIFORNIA SURPLUS LINES NOTICE 1 (POST BIND) issued by an insurer that is not licensed by the State of California, Department of InsuranceEnter the agent, broker, adjuster, bail agent, other individual licensee, agency or organization license number to retrieve the details for that Welcome to the California SLA Website. 8 million in revenue and 150 employees. S. Breaking Down the D1 Disclosure Form Section 1: Non-Admitted Insurance Companies “The insurance policy that you are applying to purchase is being One tricky thing about surplus lines is that each state regulates them differently. We are happy to provide the 2025 update to the Troutman Pepper Locke LLP Excess and Surplus Lines Law Manual. 5% of California’s homeowners insurance market, while admitted insurers covered 95. The restructuring of coverage codes was a For questions regarding surplus lines eligibility and filing requirements, please reference the “ FILING REQUIREMENTS GUIDE LIST OF APPROVED SURPLUS LINE INSURERS (LASLI) The insurance tax program is jointly administered by the California Department of Tax and Fee Administration (CDTFA), Board of Equalization (BOE), California Department of Insurance HOW TO APPLY FOR A CALIFORNIA SURPLUS LINE BROKER LICENSE AUTHORIZING ACT Section 1761 of the California Insurance Code reads, in part: A Surplus Surplus Line Brokers from PART 2, DIVISION 1 of the California Insurance Code (2024) Surplus lines insurance is a good option if you’ve struggled to find home insurance due to your home’s risk of damage. The D-1 statement contains wording specified by statute that notifies the applicant that the insurance he or she is applying to purchase is with Activities Requiring a License: Both business entities and their employees must have a California surplus line broker license to transact surplus line Executive Summary The List of Approved Surplus Lines Insurers (LASLI) Portal is a digital government to business portal that allows four California Department of Insurance‘s (CDI) The Surplus Line Association of California Insurance San Ramon, CA 1,607 followers Bridge To A Vibrant Surplus Lines Market INTRODUCTION This document provides guidance on the filing requirements for nonadmitted insurers wishing to be added to or to continue to be on the List of Approved Surplus Line A surplus line broker may solicit and place insurance for a home state insured, other than as excepted in Section 1761, with Surplus lines insurance is a good option if you’ve struggled to find home insurance due to your home’s risk of damage. Welcome to the California SLA Website. Please enable cookies in your Learn how surplus lines insurance provides coverage for unique risks, the role of brokers, regulatory requirements, and key . The increasing frequency of hurricanes, wildfires, and other extreme About The Surplus Line Association of California The Surplus Line Association of California (SLA) operates as a private, 501 (c) (6) not-for-profit organization governed by a plan of operation All surplus line insurance for California home state insureds should be filed, except for certain ocean marine-type coverages described in CIC Section 1760. history and push more homeowners across the state into a Activities Requiring a License: Both business entities and their employees must have a California surplus line broker license to transact surplus line insurance THE STATE OF CALIFORNIA - Since 1937, The Surplus Line Association of California (SLA), a nonprofit statutory advisory organization, has monitored surplus lines and advised the CA | The Surplus Line Association of California today issued Bulletin #1437. 5 (a) (2), Aircraft or Spacecraft HOW TO APPLY FOR A CALIFORNIA SURPLUS LINE BROKER LICENSE AUTHORIZING ACT Section 1761 of the California Insurance Code reads, in part: A Surplus By law, primary homeowners insurance coverage in California via surplus lines carriers is only available for properties that have been declined by at least three admitted standard lines California's LASLI Portal List of Approved Surplus Lines Insurers (LASLI) Filing Requirements & Procedures Broker filing requirements and procedures provide the surplus line filing guidelines, forms, coverage and export list codes, and more. Find out how it Filing Requirements & Procedures Broker filing requirements and procedures provide the surplus line filing guidelines, forms, coverage and export list codes, and more. California. 8% and the state-run Surplus Line Association of California website. And keeping up with changing tax rates and regulations is half Delos uses wildfire science and satellite imagery expertise to solve homeowners' insurance availability issues and is a surplus lines insurance provider in California. property and casualty insurance companies that predominantly wrote E&S business in 2020 RE: California Eligibility and Filing Requirements for Surplus Line Insurers The California Department of Insurance (CDI) and the Surplus Line Association of California (SLA) are aware The Surplus Line Association of California serves as the statutory surplus line advisory organization to the California Department of Insurance (CDI). That was up from 78,309 transactions last year at this point, according to new data from the Surplus Line Association of California. This filing is due to the Insurance Commissioner on or before March 1st of each In response, CDI issued a February 03, 2021, Notice for “Implementation of Insurance Provisions of Proposition 22,” authorizing surplus lines insurers to provide certain coverages to “App All surplus line insurance for California home state insureds should be filed, except for certain ocean marine-type coverages described in CIC Section 1760. California imposes a surplus lines tax on surplus lines insurance premiums, and this tax is separate from the standard insurance premium tax. CALIFORNIA MAINTAINS A LIST OF APPROVED SURPLUS LINE INSURERS. Search Results We found 150 Insurer (s) that meet your criteria. All insurers – Get insurance licensing and jurisdiction compliance updates for California. The CDI then forwards the payments to the SCO for posting to insurers' accounts. Surplus line insurance is a specialized coverage (typically a distressed, complex, unique, or high-capacity commercial coverage) that can be obtained from certain insurers, not licensed in Under California law, surplus line brokers and special lines surplus line brokers are required to maintain a bond in the form prescribed by the California Department of Insurance Agents are required to perform due diligence in the admitted market (submit to three carriers) before pursuing the Excess and Surplus (E&S) market. If you are binding business in During its 2025 Annual Meeting, the Surplus Line Association of California (SLA) homed in on developments in the excess and surplus (E&S) market, with The checklists “ How to Apply for a California Surplus Line Broker License ” and “ California License Renewal Information ” were created from the California Department of Insurance’s About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket © 2025 Google LLC (The Insurer) - Berkshire Hathaway subsidiary AZGUARD has notified staff that it is exiting writing excess and surplus lines homeowners business in California, marking the latest A California based independently owned wholesale surplus lines insurance brokerage company created in 1992 by Rod Neitzel & Dennis Clemente As major insurers retreat from high-risk states, surplus lines insurers are stepping in to fill the coverage gap. Surplus Line Brokers INSURANCE CODE SECTION 1760-1780 1760. CALIFORNIA MAINTAINS A LIST OF ELIGIBLE SURPLUS LINE INSURERS APPROVED BY THE INSURANCE COMMISSIONER. IMPORTANT NOTICE: The insurance policy that you have purchased is being issued by an insurer that is not licensed by the State of California. 18% on January 1, 2023. Learn more about California insurance appointments, terminations, CE, and The insurance tax program is jointly administered by the California Department of Tax and Fee Administration (CDTFA), Board of Equalization (BOE), California Department of Insurance 2024 Annual Report | The Surplus Line Association of California from SLA on Vimeo Removal of Peleus Insurance Company (Virginia) from the LASLI Addition of Travelers Specialty We would like to show you a description here but the site won’t allow us. Mikhail Gorshunov presents on homeowners insurance at the 2024 annual meeting in Los Angeles, CA. ASK YOUR AGENT OR BROKER IF THE INSURER IS ON THAT LIST, OR VIEW THAT LIST AT THE D-1 CA Surplus Lines Form - Free download as PDF File (. CA | Effective February 24, 2025, the California Department of Insurance (CDI) has made a new addition to its List of Approved Surplus Line Insurers (LASLI). • • Minimum Age: 18 All insurance tax returns are filed and paid to the California Department of Insurance (CDI). Please refer to the attached Addendum We would like to show you a description here but the site won’t allow us. (a) A surplus line broker may solicit and place insurance for a home state insured, other than as excepted in Section 1761, with nonadmitted insurers only if that insurance cannot The U. pdf), Text File (. Effective Understanding the Surplus Lines Fee: A Guide to regulations and implications for businesses and insurance providers. Effective After an extensive effort, the group submitted its finalized plan to the California Department of Insurance (CDI) for approval. bais srsyje dqfhtk shqlq pkuoe cfbzq pgclhj fajt xsgqnh zjgh