A notice is mailed to each surplus line broker on October 1st of each year indicating the renewal fees due and providing the surplus line broker an opportunity to update any information, change of address for example. The notice and fees should be returned by midNovember for processing as licenses expire December 31st. Renewal licenses are mailed directly to the surplus line broker.
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This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified insurance lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local insurance attorney to discuss your specific legal situation.