§8204 Uniform Standards for Surplus Lines Eligibility

Summary

States cannot make their own rules about who is eligible to be a nonadmitted insurer based in a United States jurisdiction, unless the rules follow sections 5A(2) and 5C(2)(a) of the Non‑Admitted Insurance Model Act or the State adopts the nationwide uniform requirements, forms, and procedures made under section 8201(b) that include alternative nationwide eligibility rules. States also cannot stop a surplus lines broker from placing or buying nonadmitted insurance from a non‑U.S. insurer that is on the Quarterly Listing of Alien Insurers kept by the International Insurers Department of the NAIC.