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Surplus Lines Working Group January 2018 Agenda 1. Review TRIAL Form 2. Discuss DID Plan of Operation Revision Timeline 3. Discuss Cybersecurity Form in DID Financial Filing Format 4. Discuss Any

How to fill out surplus lines working group

How to fill out surplus lines working group

1. Gather all necessary information and documents related to surplus lines
2. Identify the purpose and goals of the surplus lines working group
3. Create a detailed agenda for the working group meetings
4. Invite relevant stakeholders and experts to participate in the working group
5. Hold regular meetings to discuss and address surplus lines related issues
6. Create a collaborative environment to encourage open discussions and brainstorming
7. Document all discussions, decisions, and action items from the meetings
8. Assign responsibilities and tasks to group members for further research and analysis
9. Draft a report summarizing the findings, recommendations, and proposed solutions
10. Share the report with the appropriate regulatory bodies and stakeholders

Who needs surplus lines working group?

1. Insurance companies dealing with surplus lines
2. Insurance brokers and agents working with surplus lines policies
3. Regulatory authorities responsible for overseeing surplus lines market
4. Industry associations and trade groups advocating for surplus lines regulations
5. Policyholders seeking coverage for risks that cannot be insured through standard insurance markets

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What is surplus lines working group?

Surplus lines working group is a group that oversees the regulation of surplus lines insurance in a particular state.

Who is required to file surplus lines working group?

Insurance companies and brokers who are involved in surplus lines transactions are required to file surplus lines working group.

How to fill out surplus lines working group?

Surplus lines working group can be filled out electronically through the designated regulatory website of the state.

What is the purpose of surplus lines working group?

The purpose of surplus lines working group is to ensure compliance with regulations and to monitor the surplus lines insurance market.

What information must be reported on surplus lines working group?

Information such as total premium written, number of policies issued, and details of surplus lines transactions must be reported on surplus lines working group.