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ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Which of the following condition MUST apply to purchase coverage through a surplus lines carriers:
- A surplus lines carrier is required to file rates with the insurance commissioner
- Coverage must be procured through a licensed surplus lines
producer - Surplus lines carriers must participate in the State Guarantee Fund
- The producer may make only one attempt through admitted carriers prior to providing surplus lines coverage
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