Texas Foreign (U.S. domiciled) Surplus Lines Insurers Filing Requirements/Checklist

• Category: Texas Workers Compensation - Self Insurance Regulation
• State: Texas
• Control #: TX-FIN422
• Format: PDF

Description

Foreign (U.S. domiciled) Surplus Lines Insurers Filing Requirements/Checklist Texas Foreign (U.S. domiciled) Surplus Lines Insurers Filing Requirements/Checklist is a set of documents and requirements that must be met by non-admitted insurers doing business in Texas. The requirements are set by the Texas Department of Insurance (TDI) and include: 1. A Certificate of Authority from the TDI: This document grants the insurer permission to conduct business in Texas. 2. A copy of the insurer’s articles of incorporation: This document provides proof that the insurer is legally registered in the United States. 3. A copy of the insurer’s financial statements: This document outlines the insurer’s financial standing. 4. A copy of the insurer’s surplus lines tax license: This document grants the insurer permission to collect and remit surplus lines taxes in Texas. 5. A copy of the insurer’s business plan: This document outlines the insurer’s operations and strategies. 6. A copy of the insurer’s risk management plan: This document outlines the insurer’s risk management strategies. 7. A copy of the insurer’s reinsurance agreement: This document outlines the insurer’s reinsurance arrangements. 8. A copy of the insurer’s policy form filings: This document outlines the insurer’s policy forms. 9. A copy of the insurer’s Premium Tax Return: This document is used to report the insurer’s premium tax liabilities. 10. A copy of the insurer’s Surplus Lines Annual Statement: This document is used to report the insurer’s surplus lines activities. 11. A copy of the insurer’s Surplus Lines Tax Return: This document is used to report the insurer’s surplus lines tax liabilities. 12. A copy of the insurer’s Surplus Lines Tax Payment Receipt: This document is used to report the insurer’s payment of surplus lines taxes. 13. A copy of the insurer’s Surplus Lines Annual Report: This document is used to report the insurer’s surplus lines activities.

Texas Foreign (U.S. domiciled) Surplus Lines Insurers Filing Requirements/Checklist is a set of documents and requirements that must be met by non-admitted insurers doing business in Texas. The requirements are set by the Texas Department of Insurance (TDI) and include: 1. A Certificate of Authority from the TDI: This document grants the insurer permission to conduct business in Texas. 2. A copy of the insurer’s articles of incorporation: This document provides proof that the insurer is legally registered in the United States. 3. A copy of the insurer’s financial statements: This document outlines the insurer’s financial standing. 4. A copy of the insurer’s surplus lines tax license: This document grants the insurer permission to collect and remit surplus lines taxes in Texas. 5. A copy of the insurer’s business plan: This document outlines the insurer’s operations and strategies. 6. A copy of the insurer’s risk management plan: This document outlines the insurer’s risk management strategies. 7. A copy of the insurer’s reinsurance agreement: This document outlines the insurer’s reinsurance arrangements. 8. A copy of the insurer’s policy form filings: This document outlines the insurer’s policy forms. 9. A copy of the insurer’s Premium Tax Return: This document is used to report the insurer’s premium tax liabilities. 10. A copy of the insurer’s Surplus Lines Annual Statement: This document is used to report the insurer’s surplus lines activities. 11. A copy of the insurer’s Surplus Lines Tax Return: This document is used to report the insurer’s surplus lines tax liabilities. 12. A copy of the insurer’s Surplus Lines Tax Payment Receipt: This document is used to report the insurer’s payment of surplus lines taxes. 13. A copy of the insurer’s Surplus Lines Annual Report: This document is used to report the insurer’s surplus lines activities.