Placement of Coverage with Surplus Lines/Alien Insurers

MARTIN O'MALLEY RALPH S. TYLER Governor Commissioner ANTHONY G. BROWN BETH SAMMIS Lt. Governor Deputy Commissioner INSURANCE ADMINISTRATION 525 St. Paul Place, Baltimore, Maryland 21202-2272 1-800-492-6116 TTY: 1-800-735-2258 www.mdinsurance.state.md.us BULLETIN 09-20 To: Property and Casualty Insurers , Surplus Lines Producers , Producers and All Interested Parties Re: Placement of Coverage with Surplus Lines/Alien Insurers Date: July 24, 2009 The Maryland Insurance Administration ("the Administration") has been receiving questions regarding surplus lines insurance and the technical specifics relating to when and under what circumstances insurance may be moved from an admitted insurer and placed or be placed originally with a surplus lines/alien insurer. See §3-306 of the Insurance Article. In order to ensure that the Administration is providing clear guidance by giving consistent responses to those questions, the Administration has designated a single point of contact for all such questions. That contact person will be the Chief Administrator for Property and Casualty. The contact information for the Chief Administrator is: Dave Diehl, ARM, AAI, AAM Chief Administrator, P&C Phone: 410-468-2320 Fax: 410-468-2306 E-mail: ddiehl a mdinsurance.state.md.us All inquiries and questions should be directed to Mr. Diehl at the above email address. Ralph S. Tyler, Insurance Commissioner By: e P. Randi Johnson, AiIciate Commissioner Property & Casualty