Due to the unique needs of our clients, we write policies with Surplus Lines / Non-Admitted Carriers. The excess and surplus lines, or non-admitted market is comprised of property and casualty companies that provide insurance that is unavailable to businesses in the standard or admitted market ...
Alternate names:excess and surplus insurance, E&S, surplus lines How Non-Admitted Insurance Works Non-admitted insurance answers the need for higher risk coverage. Without non-admitted insurance, many people would be unable to get insurance. They might not be able to buy homes or be insured af...
Consumer surplus is: A The excess between what consumers are prepared to pay for a good or service, and theprevailing market price B The indirect tax producers pay on a good or service C The marginal utility gained by consuming one more unit of a good or service ...
E.The indirect tax consumers pay on a good or service相关知识点: 试题来源: 解析 A Rationale: Consumer surplus is the excess between what consumers are prepared to pay for a good or service and the prevailing market price they have to pay to purchase it.反馈 收藏 ...
题目Consumer surplus is: A. The excess between what consumers are prepared to pay for a good or service, and the prevailing market price B. The indirect tax producers pay on a good or service C. The marginal utility gained by consuming one more unit of a good or service D. The ...
A non-admitted insurance carrier has not been licensed and is not regulated by the state’s department of insurance. Instead, these carriers, also known as excess and surplus insurance carriers or surplus lines insurance carriers, are regulated by the state’s surplus lines office, although t...
In the small business insurance space, there are a lot of admitted products available now online. You can get digital quotes. That’s great—but, I’m interested in the next part related to Excess & Surplus lines.How can non-admitted products be digitized?I think that will move commercial...
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the surplus lines insurer must have a license in the state where it is based, and the brokers who sell surplus lines insurance must be licensed in their own state.
Non-admitted carriers are usually referred to as "surplus lines" or "excess lines insurers." Purchasing insurance from a non-admitted carrier may seem riskier, but non-admitted status is just one way to gauge financial reliability. Case in point: insurance companies receive financial strength ratin...