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Committee approves surplus‑lines rule update consolidating broker reporting with premium filings
2664303 · January 27, 2025
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Summary
IDAPA 18.06.06 (surplus lines rules) was presented by the Department of Insurance and approved by the committee. The rewrite clarifies placement procedures for surplus‑lines insurance and consolidates a broker annual report into premium tax filings, a longstanding department practice.
Eric Fletcher, the Department of Insurance’s company activities bureau chief, presented IDAPA 18.06.06.2401, the surplus‑lines rule rewrite. Fletcher said the docket simplifies procedures for placing surplus‑lines…
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