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FL Surplus Lines Service Office Statement Of Diligent Effort 2017
Get FL Surplus Lines Service Office Statement Of Diligent Effort 2017-2024
STATEMENT OF DILIGENT EFFORT I, Name of Retail/Producing AgentLicense #:Name of Agency: Have sought to obtain: Specie Type of CoverageforNamed Insured authorized insurers currently writing this type.
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Applicable FAQ
A diligent search is a surplus lines regulatory requirement. It establishes that coverage for a risk is unavailable from admitted insurers. The policy seeker must submit an affidavit confirming that an admitted carrier declined the risk.
What is a Diligent Effort? Diligent effort means seeking coverage from and having been rejected by at least three admitted insurers currently writing the type of coverage documented in the rejections. The only exception is in the case of a residential structure that has a dwelling replacement cost of $700,000 or more.
The person signing the Diligent Search Report (SL-2 form) must hold a California Property & Casualty (P&C) license. ► The person signing the SL-2 form must have performed the diligent search or supervised an unlicensed person who conducted the search.
How to Conduct a Diligent Search in Florida Local telephone book from the city where the person last resided. Local 411 information in the city where the person last resided. Local city and county police departments for any possible arrests in the area where the person last resided.
A diligent search is used for a Non-Dissolution (FD) case when the person filing in court does not have an address for the person they are filing against in the case. That parent or legal guardian should receive a notice to appear in court.
What is a Diligent Effort? Diligent effort means seeking coverage from and having been rejected by at least three admitted insurers currently writing the type of coverage documented in the rejections. The only exception is in the case of a residential structure that has a dwelling replacement cost of $700,000 or more.
Diligent Search means the Deputy Sheriff made a strong attempt to complete service on the requested party was unable to do so. The most common reason for a Diligent Search usually involves incorrect address information, a party that has recently changed residences, a business closing or refusal to accept service.
The Diligent Effort / Disclosure Matrix was developed by the Florida Surplus Lines Service Office for the purpose of providing guidance on the diligent effort or disclosure requirement for each line of coverage, for both residential and nonresidential placements.
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