(a) Surplus lines insurers not designated as a domestic
surplus lines insurer by TDI must provide to TDI and to the stamping
office information relating to the insurer's eligibility to write
surplus lines insurance.
(1) For insurers domiciled in another state, this
information must include documents evidencing authorization from the
insurer's domiciliary jurisdiction to write the same kind and class
of business that it proposes to write in Texas and documentation that
the insurer has capital and surplus required by Insurance Code §981.057.
Documentation must include:
(A) insurer information, including the insurer's:
(i) full name;
(ii) physical address for its principal place of business;
(iii) mailing address;
(iv) NAIC number; and
(v) contact individual's name, phone number, and email;
(B) the state in which they are domiciled;
(C) a list of all lines and classifications of insurance
business the applicant is authorized to insure or reinsure.
(2) Alien insurers listed with the NAIC's International
Insurer Department are not required to submit anything under this
section, but are encouraged to provide TDI with a contact person located
in the United States, including the person's address and phone number,
as well as information regarding the types of insurance the company
anticipates writing in Texas. This information may be sent electronically
to TDI.
(b) Surplus lines insurers designated as a domestic
surplus lines insurer by TDI must provide to the stamping office a
copy of the domestic surplus lines insurer certificate issued by TDI
and documentation that the insurer has capital and surplus required
by Insurance Code §981.057.
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