                                 CODE OF VIRGINIA

PROPERTY AND CASUALTY INSURANCE AGENTS MAY BE LICENSED AS SURPLUS LINES BROKERS
FOR CERTAIN INSURANCE FROM ELIGIBLE NONADMITTED INSURERS (§ 38.2-1857.1)

The Commission may issue a surplus lines broker&#8217;s license to any
individual or business entity actively licensed as a property and casualty
insurance agent for the procuring of insurance of the classes enumerated in §§
38.2-109 through 38.2-122.2 and §§ 38.2-124 through 38.2-134 from eligible
nonadmitted insurers in the Commonwealth. However, nothing in this article or in
Chapter 48 (§ 38.2-4805.1 et seq.) shall apply to the sale, solicitation, or
negotiation of (i) the contracts of insurance cited in subsection C of §
38.2-1802 or (ii) contracts of insurance for any insured whose home state, as
defined in § 38.2-4805.2, is a state other than the Commonwealth.

HISTORY: 2001, c. 706; 2011, c. 498; 2018, c. 205.