Surplus line broker definition

Surplus line broker means a person licensed pursuant to
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Surplus line broker means “a surplus line broker duly licensed as such under this chapter, including resident surplus line brokers and nonresident surplus line brokers.” Idaho Code § 41-1213(3).
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Surplus line broker. (CIC 47) means a person licensed under Section 1765 and authorized to do business under Chapter 6 (commencing with Section 1760) of Part 2 of Division 1.
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Examples of Surplus line broker in a sentence

  • All policies shall be subject to approval by the County Finance Director as to company (must be rated A-VII or higher in the A.M. Best’s Key Rating Guide and licensed to do business in the State of Georgia or issued as a surplus line by a Georgia Surplus line broker), form and coverage, and primary to all other insurance.


More Definitions of Surplus line broker

Surplus line broker or 'broker' means an individual who is licensed in this state to
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Related to Surplus line broker

  • Surplus lines broker means a person licensed pursuant to Article 5.1 (§ 38.2-1857.1 et seq.) of this

  • Designated Broker means the financial services firm or other agent designated by the Company to maintain ESPP Share Accounts on behalf of Participants who have purchased shares of Common Stock under the Plan.

  • Designated Broker Agreement means an agreement between the Manager, on behalf of the ETFs, and a Designated Broker;

  • insurance broker means an insurance brokerage firm,

  • Real estate broker means an individual or business entity that, with intent to collect or receive a fee, compensation, or valuable consideration, sells or offers for sale, buys or offers to buy, provides or offers to provide market analyses of, lists or offers or attempts to list, or negotiates the purchase, sale, or exchange of real estate; that negotiates the mortgage of real estate; that negotiates for the construction of a building on real estate; that leases or offers or rents or offers for rent real estate or the improvements on the real estate for others, as a whole or partial vocation; that engages in property management as a whole or partial vocation; that sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others; or that, as owner or otherwise, engages in the sale of real estate as a principal vocation.