Louisiana Surplus Lines case studies
Louisiana Surplus Lines · Put your knowledge to work in context.
The Louisiana Surplus Lines Producer license is a state credential that lets a producer place property and casualty coverage with non-admitted insurers when the admitted market cannot or will not write the risk. It is aimed at licensed Louisiana producers who already understand standard P&C products and want to work in the excess and surplus lines market, where coverage is written by eligible surplus lines insurers rather than admitted carriers. The Louisiana Surplus Lines case studies are 5 cases and about 2,975 words.
1Coastal Apartment Placement and the Four Declinations
A Lafayette surplus lines broker is placing property coverage for a 24-unit apartment complex in Terrebonne Parish. The building and business personal property have a combined replacement cost of 5.2 million.
650 words, about 3 min2The November Complaint and the Expired Reporting Period
A Baton Rouge engineering firm bought a claims-made professional liability policy from a surplus lines insurer, Delta Professional Assurance, for January 1 through December 31, 2022. The retroactive date is January 1, 2018.
615 words, about 3 min3Coinsurance and the Hurricane Deductible After Ida
A surplus lines commercial property policy covers a 40,000-square-foot warehouse in Orleans Parish. Replacement cost is 6,000,000.
538 words, about 3 min4The Producer Who Used Another Broker's License
A New Orleans producer holds a Louisiana property and casualty producer license but no surplus lines broker license. In March 2023, he places a 3 million commercial property policy for a French Quarter restaurant with Thames Union Assurance, an alien insurer not on the Department's eligible surplus lines insurer list.
565 words, about 3 min5Allocating a Multistate Trucking Premium
A Shreveport surplus lines broker writes a commercial excess liability policy for a trucking company with terminals in Louisiana, Texas, and Mississippi. The annual premium is 90,000.
607 words, about 3 min