Georgia Surplus Lines study guide
Georgia Surplus Lines · Work through your exam, one topic at a time.
The Georgia Surplus Lines Broker credential is a license issued by the Office of the Commissioner of Insurance and Safety Fire, the state office that "licenses and regulates insurance companies, investigates reports of insurance fraud, and inspects buildings to prevent fire." A surplus lines broker places coverage with insurers that are not licensed in Georgia, so the license sits alongside the adjuster, public adjuster, and counselor licenses on the OCI site under Agents & Agency Licensing, in the section titled "Licensed Adjusters, Public Adjusters, Counselors & Surplus Lines Brokers." Candidates typically come from the property and casualty side of the business, where hard-to-place risks - coastal property, specialty commercial lines, unusual liability exposures - cannot be written by admitted carriers. This study page is independent and is not affiliated with OCI. The official licensing pages are the only authoritative source for eligibility, application steps, fees, and renewal rules, and the specific surplus lines licensing page was not reachable when this material was compiled, so details beyond the OCI structure are marked for review. Prepare by learning how surplus lines placement differs from admitted-market placement, who may export a risk, and how Georgia regulates the brokers who do it. Topics on this exam: Surplus Lines Broker Licensing and Regulation. The Georgia Surplus Lines study guide has 1 section and about 650 words.
01Surplus Lines Broker Licensing and Regulation (Georgia)
This domain tests Georgia's rules for who may act as a surplus lines broker and how a nonadmitted placement must be licensed, documented, disclosed, taxed, and recorded. Expect questions on licensing eligibility, the diligent-effort standard, eligible insurers, the borrower's disclosure duty, premium tax, and recordkeeping. A Georgia surplus lines broker license issued by the Commissioner is required. A regular agent or broker license does not authorize placing business with nonadmitted insurers.
650 words, about 3 min