Bulletin #16a Reminder: Domestic Surplus Line Insurers1
General Bulletin #16a
REMINDER TO MEMBERS: DOMESTIC SURPLUS LINE INSURERS
There are twenty-two1 Domestic Surplus Line Insurers (DSLI's) that
have been granted authority under Section 445a of the
Illinois Insurance Code (seventeen are still active). They are:
|
Company Name |
Eff. Date of
DSLI Status |
|
AIG Specialty Insurance Co2 |
12/28/07 |
|
Allianz Underwriters Insurance Co |
12/31/12 |
|
Argonaut Limited Risk Insurance Co3 |
12/31/05
to 08/17/17 |
|
AXIS Surplus Insurance Company |
10/01/09 |
|
Bracken Hill Specialty Ins Co Inc4 |
12/23/08
to 12/31/14 |
|
Burlington Insurance Co Inc |
12/31/15 |
|
Columbia Casualty Co |
07/01/05 |
|
Crystal Ridge Specialty Insurance Com Inc |
12/21/17 |
|
Discover Specialty Insurance Co |
10/01/06 |
|
Dover Bay Specialty Insurance Co |
02/05/16 |
|
Evanston Insurance Co |
09/01/15 |
|
First Mercury Insurance Co5 |
06/15/04
to 10/28/15 |
|
HDI Specialty Insurance Co |
03/28/17 |
|
Illinois Union Insurance Co |
08/03/04 |
|
Interstate Fire & Casualty Company |
10/01/09 |
|
ISMIE Indemnity Co |
10/03/06 |
|
Mt. Hawley Insurance Co |
04/21/99 |
|
Noetic Specialty Insurance Co6 |
11/07/01
to 11/14/10 |
|
North Light Specialty Insurance Co |
05/19/14 |
|
Old Republic Union Insurance Co |
05/27/15 |
|
Prime Insurance Co |
06/12/06 |
|
Starr Surplus Lines Insurance Co7 |
02/18/09
to 12/31/17 |
Remember when you are filing policies for these companies, all regular surplus
line taxes and stamping fees still apply. Also remember, for these companies, the
normal Service of Suit wording does
not apply. Rather, pursuant to
paragraph 10.5 of Section 445, you must use the following "Notice to Policyholder" on the
declarations page:
NOTICE TO POLICYHOLDER: This
contract is issued by a domestic surplus line insurer, as defined in Section 445a,
pursuant to Section 445 and as such is not covered by the Illinois Insurance Guaranty Fund.
If you have any questions regarding Illinois Domestic Surplus Line Insurers, please refer
to SLA General Bulletin 16-Revised or feel free
to contact the Association office.
Issued 1-Oct-1998
Latest Revision 22-Feb-2018
1. The information in this bulletin (list of domestic surplus line insurers) has been updated to reflect current information as of
2/22/18.
2. Formerly American International Specialty Lines Ins Co. Changed
name to Chartis Specialty Ins Co effective 11/1/09. Changed name to AIG Specialty Ins Co
effective 10/1/13.
3. Argonaut Limited Risk Insurance Co was issued an Amended Certificate of Authority
on 8/18/17 to delete the domestic surplus line insurer status and become a domestic stock company (admitted).
4. Formerly Hiscox
Specialty Ins Co. Name changed effective 7/9/12. Was a domestic surplus line insurer
from 12/23/08 until 12/31/14 when they merged with and into Canopius US Insurance, Inc.
5. First Mercury Insurance Co was an Illinois domestic surplus line insurer
from 6/15/04 until 10/28/15 when they redomesticated to Delaware.
6. Noetic Specialty Insurance Co was an Illinois domestic surplus line insurer from November
7, 01 until November 18, 10 when they redomesticated to
Vermont.
6. Starr Surplus Lines Insurance Co redomiciled from Illinois to Texas
effective 1/1/18.
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