Getting Surplus Lines Operations Right In California | CDD
Welcome to Compliance Dos & Don’ts, where experts share their licensing and compliance knowledge. Nicole Zayac from global law firm DLA Piper, shares her dos and don’ts for surplus lines compliance in California. Her secret for success: Keep clear separation between the activities of the non-admitted insurer and its affiliated surplus lines brokerage.
And if you only learn one thing from this podcast, let it be this: California has stricter laws and regulations for surplus lines. Just because you can do something in other states doesn’t mean it’s okay in California.