surplus lines broker
Defined in 1 place of the United States Code.
The term “surplus lines broker” means an individual, firm, or corporation which is licensed in a State to sell, solicit, or negotiate insurance on properties, risks, or exposures located or to be performed in a State with nonadmitted insurers.
Source
- 2010–present15 U.S.C. § 8206Commerce and Trade · Definitions · for purposes of this subchapter