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Surplus Lines Insurance Flood Insurance

Locke Lord LLP

LL Surplus Lines Series (Entry 27): Developments in the Surplus Lines Diligent Search Requirement

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Multiple developments occurred in the last few weeks throughout the United States relaxing diligent search standards in the surplus lines marketplace. On September 21, 2020, The U.S. Virgin Islands (“USVI”) promulgated...more

Locke Lord LLP

Surplus Lines Developments: Potential Legislation May Open U.S. Flood Market to Surplus Lines Insurers

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As we have previously reported, the United States National Flood Insurance Program (“NFIP”) is set to expire in September 2017, at which point surplus lines insurers may find themselves with an opportunity to fill a...more

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