|
This List is just some of the answers not
to use when answering question #1 on the MSLAa submission form (“explain why
Insurance for this risk is unavailable from an authorized insurer”). Your answer has to be a full sentence
explaining WHY it was not
accepted by the authorized insurer or the submission will be sent back to the
surplus line producer to be corrected.
|
||
|
Type
of Business |
Not
Acceptable |
Not
Written |
|
Premium |
Unavailable |
Type
of Risk |
|
Not
Available |
Do
Not Want |
Attached |
|
Did
not meet underwriting guidelines |
High
Risk |
Unsupported
Risk |
|
Don’t
Want |
Risk
Factor |
Do
Not Want Risk |
|
Liability |
Class |
Monoline
GL / Monoline policy |
|
Undesirable
Risk |
Won’t
Write Risk |
No
Market |
|
Age |
Old |
Location |
|
Underwriting
Reasons |
Not
Interested |
Nature
of Risk |
|
Nature
of Insured |
Nature
of Insured and Risk |
Underwriter
Did Not Like |
|
Does
not qualify |
Does
Not Qualify in market |
do
not write this type of business |
|
If
you have any questions feel free to call 406-443-7324. Thank you. |
||
Approved by the Department of Insurance 4/15/2005