Licensing/Registration: Surplus Lines Insurer

Initial Certification Required; Annual Recertification Unnecessary

Regulatory Bulletin 2017-05: Surplus lines brokers no longer need to annually recertify surplus lines insurers for retention on Arizona's List of Qualified Unauthorized Insurers ("White List").

While A.R.S. § 20-413 continues to require a surplus lines broker to file an initial certification to propose the addition of a foreign unauthorized insurer to Arizona's List of Qualified Unauthorized Insurers ("White List"), a broker no longer needs to annually recertify the insurer. A foreign surplus lines insurer shall remain on the White List unless the surplus lines insurer is removed from the list for the reasons set forth in Arizona law, including but not limited to those set forth in A.R.S. § 20-413(H).

NAIC Quarterly Listing of Alien Insurers	Find alien (outside U.S.) unauthorized insurers that the National Association of Insurance Commissioners has qualified for use by surplus lines brokers for surplus/excess lines insurance coverage.
Form E-701: Certificate of Public Supervisory Official	For unauthorized foreign/alien insurer qualification: The public supervisory official from the insurer's domicile must complete this form and return the form to the surplus lines broker. The broker must submit the completed form with other surplus lines insurer sponsorship forms. REPLACES FORM SL-111.
Form E-700: Certificate of Surplus Lines Broker	For unauthorized foreign/alien insurer qualification: The surplus lines broker must complete and sign this form and provide this form with other surplus lines insurer sponsorship forms to the Department of Insurance Surplus Lines Team. REPLACES FORM SL-110.
List of Domestic Surplus Lines Insurers	Surplus lines brokers must place business with an Arizona-authorized insurer when insurance is procurable from an authorized insurer. When insurance is not procurable from an authorized insurer, a surplus lines broker may procure coverage from a Domestic Surplus Lines Insurer, from an insurer on Arizona's List of Qualified Unauthorized Surplus Line Insurers, or from an insurer on the NAIC Quarterly Listing of Alien Insurers.
List of Qualified Unauthorized Surplus Line Insurers	Surplus lines brokers must place business with an Arizona-authorized insurer when insurance is procurable from an authorized insurer. When insurance is not procurable from an authorized insurer, a surplus lines broker may procure coverage from a Domestic Surplus Lines Insurer, from an insurer on Arizona's List of Qualified Unauthorized Surplus Line Insurers, or from an insurer on the NAIC Quarterly Listing of Alien Insurers .
Form SL-112: Application for Domestic Surplus Lines Insurer Designation	An Arizona-authorized domestic insurer uses this application form to apply to be designated as a domestic surplus lines insurer.
Administrative Order 13A-071-INS	PROPERTY AND CASUALTY RATE AND FORM FILING EXEMPTIONS; COMMERCIAL NON-CANCELLATION RESTRICTION EXEMPTIONS; RECOGNIZED SURPLUS LINES