White List States


White List States
The group of U.S. states that permit the addition of specialized liability or property coverage by a nonadmitted insurer in the policy. White list states allow surplus lines for coverage provided by a nonadmitted insurer in the event that this coverage is currently unavailable from insurers that are licensed by the state. Surplus line producers can provide coverage for risks that the licensed insurers will not accept because they do not meet their guidelines or the risk is too unusual or large.

Each white list state may have a long list of eligible surplus line suppliers. Surplus line insurers are not necessarily unable to become licensed in a state; they typically choose to operate on a surplus line and unlicensed basis in certain states. Because they are not licensed in a particular state, they are not regulated by that state’s Department of Insurance in the same manner as the licensed insurers, which gives them more leeway in terms or rate and form regulation.

The surplus lines market is also referred to as the specialty, nonadmitted or excess lines market.


Investment dictionary. . 2012.

Look at other dictionaries:

  • The White List — is a list of countries assessed by the International Maritime Organisation as properly implementing the STCW 95 convention. As of 2006, the countries were:*Algeria *Antigua and Barbuda *Argentina *Australia *Azerbaijan *Bahamas *Bahrain… …   Wikipedia

  • White Croats — (Chrobatia) on a map of the Holy Roman Empire around the year 1000. According to the map the land called Chrobatia is inhabited by the Vistulans and Lendians/Lechites, and/or near to Adriatic sea …   Wikipedia

  • List of best-selling music artists — The world s best selling music artists lists artists with claims of 50 million or more record sales in multiple third party reliable sources. The sales figures within the provided sources include sales of albums, singles, compilation albums,… …   Wikipedia

  • List of doping cases in athletics — Part of a series on Doping in sport …   Wikipedia

  • List of films considered the worst — The films listed here have achieved notably negative reception as being called the worst films ever made. The films have been cited by a combination of reputable sources as the worst movies of all time. Examples of such sources include Metacritic …   Wikipedia

  • List of aircraft manufacturers T-Z — NOTOC This is a list of aircraft manufacturers sorted alphabetically by International Civil Aviation Organization (ICAO)/common name. It contains the ICAO/common name, manufacturers name(s), country and other data, with the known years of… …   Wikipedia

  • List of architecture firms — The following is a list of notable architecture firms, past and present.For individual architects, see List of architects.*360 Architecture, United States *Abbas Associates, Pakistan *Aedas, United Kingdom, United States, Hong Kong *Allen… …   Wikipedia

  • List of aircraft manufacturers by ICAO name — 0 9 * 3XTRIM Zaklady Lotnicze 3Xtrim Sp z oo (Poland) A Starting with A. * ROUND Round! Aerospace and Avionics. * AAC AAC Amphibiam Airplanes of Canada * AAMSA Aeronautica Agricola Mexicana SA * AASI Advanced Aerodynamics and Structures Inc *… …   Wikipedia

  • List of biographers — Biographers are authors who write an account of another person s life, while autobiographers are authors who write their own biography.ome notable authors of biographies* Alfred Ainger, (1837 1904) Charles Lamb * Ellis Amburn, (born 1933), United …   Wikipedia

  • List of individuals buried at Arlington National Cemetery — This list states all of the notable individuals that are buried at Arlington National Cemetery. Military burials * Creighton Abrams (1914 1974), United States Army General who commanded U.S. military operations in the Vietnam War from 1968 1972 * …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.