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CONSENT TO RELEASE INSURANCE INFORMATION All policyholders were notified of a Court Order of Liquidation of Galen Insurance Company, dated May 31, 2017, entered by the Circuit Court of Cole County
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Allied World Surplus Lines refers to a category of insurance that is provided by surplus lines insurers, which are not licensed in a particular state but are permitted to provide coverage under certain conditions to meet specific insurance needs.
Insurance agents or brokers who place coverage with surplus lines insurers are required to file allied world surplus lines.
To fill out allied world surplus lines, one must provide detailed information about the insured, the risk being covered, and the surplus lines insurer, ensuring that all relevant forms are completed correctly.
The purpose of allied world surplus lines is to provide coverage for risks that are not typically covered by standard insurance policies, thus offering flexibility and options for unique or high-risk scenarios.
Information that must be reported includes the name of the insured, details of the coverage being placed, the name of the surplus lines insurer, and any applicable endorsements or amendments.
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