<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>63256</law_id><section_number>38.2-1857.1</section_number><catch_line>Property and casualty insurance agents may be licensed as surplus lines brokers for certain insurance from eligible nonadmitted insurers</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>38.2-1800</reference><reference>38.2-1869</reference><reference>38.2-4805.2</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="38.2">Insurance</unit><unit label="chapter" level="2" order_by="1" identifier="18">Insurance Agents</unit><unit label="article" level="3" order_by="1" identifier="5.1">Licensing of Surplus Lines Brokers</unit></structure><text>
						<section><p>The <span class="dictionary">Commission</span> may <span class="dictionary">issue</span> a <span class="dictionary">surplus lines broker</span>&#x2019;s <span class="dictionary">license</span> to any individual or <span class="dictionary">business entity</span> actively licensed as a <span class="dictionary">property and casualty insurance agent</span> for the procuring of insurance of the classes enumerated in &#xA7;&#xA7;&#xA0;<a class="law" title="Accident and sickness" href="/38.2-109/">38.2-109</a> through <a class="law" title="Credit property insurance" href="/38.2-122.2/">38.2-122.2</a> and &#xA7;&#xA7;&#xA0;<a class="law" title="Motor vehicle" href="/38.2-124/">38.2-124</a> through <a class="law" title="Definitions to include other insurance of same general kind" href="/38.2-134/">38.2-134</a> from eligible nonadmitted <span class="dictionary">insurers</span> in the Commonwealth. However, nothing in this article or in Chapter 48 (&#xA7;&#xA0;<a class="law" title="Application of chapter" href="/38.2-4805.1/">38.2-4805.1</a> et seq.) shall apply to the sale, solicitation, or negotiation of (i) the <span class="dictionary">contracts</span> of insurance cited in subsection C of &#xA7;&#xA0;<a class="law" title="Acting as agent for unlicensed insurer prohibited; penalties" href="/38.2-1802/">38.2-1802</a> or (ii) <span class="dictionary">contracts</span> of insurance for any insured whose <span class="dictionary">home state</span>, as defined in &#xA7;&#xA0;<a class="law" title="Definitions" href="/38.2-4805.2/">38.2-4805.2</a>, is a state other than the Commonwealth.</p></section></text><history>2001, c. 706; 2011, c. 498; 2018, c. 205.</history><metadata></metadata></law>
