SECTION .0700 ‑ INSURANCE IN UNLICENSED FOREIGN AND
11 NCAC 10 .0701 GENERAL INFORMATION
Citizens who are unable to procure insurance on risks in
this state in companies licensed to write insurance in this state may procure
policies of insurance in unlicensed foreign and alien companies if the
procedures set forth hereafter are strictly adhered to. All the forms
described hereafter relating to such insurance, which is known as non‑admitted
or surplus lines of insurance, are to be sent to the Commissioner of Insurance,
Attention: Surplus Lines Coordinator, Property and Casualty Division, P.O. Box
26387, Raleigh, North Carolina 27611.
History Note: Authority G.S. 58‑21‑15; 58‑21‑35;
Eff. February 1, 1976;
Readopted Eff. July 11, 1978;
Amended Eff. February 1, 1991; January 1, 1989.