Which condition is NOT required to be met for a surplus line broker to advise any home state insured or applicant that coverage has been, or will be obtained from a nonadmitted insurer?
a) The surplus line broker must notify the insured of the broker's fee
b) The surplus line broker must determine that the insurance cannot be procured from an admitted insurer
c) The surplus line broker must be licensed in the home state
d) The surplus line broker must notify the insurance commissioner

Q&A Education