Department of Insurance Licensing Information Bulletin - Prometric

ADDITIONAL REQUIREMENTS FOR SURPLUS LINES AGENTS AND PUBLIC
INSURANCE ADJUSTERS
Additional
requirements
for Surplus
Lines Agents
and Public
Insurance
Adjusters
In addition to the general license requirements necessary of all applicants (listed on
Page 3), Surplus Lines Agent and Public Insurance Adjuster applicants must meet
the requirements listed below.
Surplus Lines Agent applicants must:
Hold either a General Lines – Property and Casualty Agent license issued under
Chapter 4051 of the Texas Insurance Code or a Managing General Agent license
issued under Chapter 4053 of the Texas Insurance Code.
Have the facilities necessary for accumulating and preserving the records that a
Surplus Lines Agent must keep.
Possess sufficient knowledge and experience in placing insurance with licensed
insurers to determine the eligibility of insurance for procurement of an
unauthorized insurer.
Possess sufficient knowledge and experience in the field of insurance to collect and
analyze financial and other data to determine the eligibility of an unauthorized
insurer as a surplus lines insurer.
Public Insurance Adjuster applicants must:
Prove financial responsibility by filing a $10,000 bond. The surety bond form is
available from TDI and at the agent section of www.tdi.texas.gov.
Submit fingerprints, even if the applicant is a nonresident.
Note Public Insurance Adjuster Trainees must pass the Public Insurance
Adjuster examination and submit a completed Prometric application to Prometric
to obtain a Public Insurance Adjuster license. Public Insurance Adjuster Trainee
licenses are not automatically upgraded to Public Insurance Adjuster licenses when
the license-holder passes an examination.
Requirements
based on
residency
Requirements for licensing vary if you do not currently reside in Texas. This section
describes licensing requirements for nonresident and new resident applicants.
All other individuals must follow the Texas resident requirements outlined on Page 3.
Nonresident licensing requirements
If you are a nonresident applicant who holds in good standing in your resident
state the same or substantially similar license authority as the Texas license for
which you are applying, you are not required to take a licensing examination.
Such applicants must submit the TDI application directly to TDI. The application
form is available online at the agent section of www.tdi.texas.gov.
If you are a nonresident applicant who does not hold in good standing in your
resident state the same or substantially similar license authority as the Texas license
for which you are applying, you must pass the exam, submit a complete application
and submit a criminal history record obtained from a state law enforcement agency
of your state of residence. If your resident state will not provide a criminal history
record for licensing purposes, you must follow the directions in the “Fingerprint and
criminal history requirements” section on Page 7.
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