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As of January 1, 2008, may an individual holding only a fire and casualty broker-agent transact surplus lines business on behalf of a surplus lines broker organization?

April 26, 2017casualty holding individual january 1 2008 surplus transact

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As of January 1, 2008, may an individual holding only a fire and casualty broker-agent transact surplus lines business on behalf of a surplus lines broker organization?

1 Answer

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No. An Individual licensed only as a fire and casualty broker-agent may no longer transact surplus lines business on behalf of a surplus line organizational licensee without also holding an individual surplus line broker license.