The expiration date for surplus lines licenses in Tennessee will soon have to coincide with the expiration of an agent’s primary insurance producer license. All surplus lines license expiration dates will be moved ahead to match the expiration of producer license date. The requirement goes into effect Dec. 31, 2011.
Also, as of Jan. 1, 2012, all surplus lines licenses will be renewed for a two-year period at a cost of $120.
Tennessee Department of Commerce and Insurance spokesperson Shannon Ashford said agents supported the law change. “At the request of industry representatives, we changed that licensure to biennial to coincide with the renewal of their producer’s license,” said Ashford.
Topics Excess Surplus
Was this article valuable?
Here are more articles you may enjoy.
10 Highest Class-Action Settlements in 2025 Eclipsed $70B Total: Duane Morris 
Good Times for US P/C Insurers May Not Last; Auto Challenges Ahead 
Relief But Questions on Agents’ Duties to Insureds After Florida Court Ruling 
’60 Minutes’ Homeowners Ask Court to Force DFS to Divulge Heritage Probe Info From This Issue
