Which organization publishes a listing of acceptable excess and surplus lines insurers that many states adopt?

• A. NAIC
• B. Texas Department of Insurance
• C. Federal Insurance Administration
• D. National Council of Insurance Legislators

Answer: (A)

The organization is the National Association of Insurance Commissioners (NAIC). They publish a list of insurers eligible to write excess and surplus lines, which many states reference or adopt in their surplus lines regulations. This listing helps ensure that nonadmitted insurers meet financial solvency and regulatory standards before they—rather than admitted carriers—write coverage for risks that can’t be obtained in the standard market. While a state agency like the Texas Department of Insurance administers its own rules, it typically relies on the NAIC’s listing as the national benchmark. The other organizations don’t publish this widely adopted eligibility list.