3905.30 Surplus line broker's license.

The superintendent of insurance may issue a surplus line broker’s license to any natural person who is a resident of this or any other state or to a business entity that is organized under the laws of this or any other state. To be eligible for a surplus line broker’s license, a person must have both a property license and a casualty license. A surplus line broker’s license permits the person named in the license to negotiate for and obtain insurance, other than life insurance, on property or persons in this state from insurers not authorized to transact business in this state. Each such license expires on the thirty-first day of January next after the year in which it is issued, and may be then renewed.

Effective Date: 09-01-2002