Surplus lines insurers eligible to do business in Texas
should have received notice
early this month from the Insurance Commissioner requiring all insurers to
report the number of policies in force in Texas as of December 31, 2013.
Insurers have been required to report this information annually since 2006. The
Surplus Lines Stamping Office of Texas (SLSOT) will continue to report policy
count data on behalf of those insurers not desiring or able to self-report.
SLSOT issued a memo to
each insurer eligible in Texas this week, along with its policy count
information, based on data from SLSOT.
The memo notes each insurer will get a second run of its policies in
March, to account for policies in force as of December 31 that agents reported
to SLSOT office during January and February of this year. If you have any questions regarding this requirement,
contact the SLSOT directly at 800.449.6394.
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