California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 1 - Production of Insurance › Article 4 - Surplus Lines › Rules Covering Specific Policy Forms Heretofore Submitted to the Commissioner › Section 2174.2 - Schedule of Fees

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Initial
					 Filing
Insurer, or licensee, shall pay in support of a filing
						for qualification as an eligible surplus lines insurer pursuant to Insurance
						Code Section
						1765.1 the
						filing fee of $4500 except that for a group of incorporated or a combination of
						incorporated and unincorporated insurers which underwrite insurance as members
						of a group of syndicates pursuant to Insurance Code Section
						1765.1(a)(2)(C),
						the filing fee shall be $4500. In addition, the group shall reimburse the
						Department for the costs of review of any individual
						syndicate.
(b) Annual
					 Renewal
Within twelve months after being added to the list of
						approved surplus line carriers and annually thereafter, a filing of all the
						documents required by 2174.3(a) must be made and the filing fee for that annual
						renewal will be $2250 except that for a group of incorporated or a combination
						of incorporated insurers and unincorporated insurers which underwrite insurance
						as members of a group of syndicates pursuant to Insurance Code Section
						1765.1(a)(2)(C),
						the filing fee shall be $2250. In addition, the group shall reimburse the
						Department for the costs of review of any individual
						syndicate.
(c) Periodic
					 Updates
Upon the filing of documents, pursuant to the update
						provisions of 2174.3(b) throughout the year, the filing fee will be $250 per
						document for updates of financial documents; and $35 per document for all other
						updates. These document fees shall not apply to any documents filed in
						connection with the review of any syndicate that is part of a group of
						incorporated or a combination of incorporated insurers and unincorporated
						insurers which underwrite insurance as members of a group of syndicates
						pursuant to Insurance Code Section
						1765.1(a)(2)(C).
(d) Additional Requirements
All filings made pursuant to this section shall meet the
						requirements of Insurance Code Section
						8 and shall
						be forwarded to the Department at the following address:
SURPLUS LINES ENFORCEMENT UNIT
INVESTIGATION BUREAU
CALIFORNIA DEPARTMENT OF INSURANCE
1901 HARRISON STREET, 3RD FLOOR MAILROOM, OAKLAND, CA
						94612.
All filings shall be made in quadruplicate, unless
						otherwise agreed to by the Department.
1. New
						section filed 6-12-92 as an emergency; operative 6-12-92 (Register 92, No. 24).
						A Certificate of Compliance must be transmitted to OAL 10-12-92 or emergency
						language will be repealed by operation of law on the following
						day.
2. Certificate of Compliance as to 6-12-92 order including
						amendment of subsections (f) and (j) transmitted to OAL 10-13-92 and filed
						11-25-92 (Register 92, No. 48).
3. Renumbering of former section
						2174.2 to section
						2174.1, new section
						2174.2(a)-(c),
						and relocation and amendment of former section
						2174.4(d) to
						section 2174.2(d) filed
						2-24-99; operative 2-24-99 pursuant to Government Code section
						11343.4(d)
						(Register 99, No. 9).
4. Change without regulatory effect amending
						subsection (d) filed 8-27-2020 pursuant to section
						100, title 1, California Code of
						Regulations (Register 2020, No. 35).
Note: Authority cited: Sections
						  1763 and
						  1771,
						  Insurance Code. Reference: Sections
						  1763 and
						  1765.1,
						  Insurance Code.