February 22, 2000
BULLETIN #886
RE: Filing Requirements for Eligible Surplus Line Insurers in California

The following pertains to the Year 2000 filing requirements for nonadmitted insurers eligible to place surplus lines business in California.

Insurers who wish to remain on the California List of Eligible Surplus Line Insurers ("LESLI") must submit to the California Department of Insurance (CDI) specific information to ensure that the requirements of Insurance Code Section 1765.1 are maintained. These required documents must be submitted on a timely basis, either as part of the insurer’s annual renewal filing or as update filings.

For details of the filing requirements, please refer to the enclosed Filing Guide published by the California Department of Insurance. This Guide updates the one attached to SLA Bulletin #852 (dated March 12, 1999) and includes the addendum issued under SLA Bulletin #865 (dated July 8, 1999). There are no major changes to the filing requirements for Year 2000; these requirements are essentially the same as 1999.

Should you have any questions, please call Dale Wiseman at the CDI at (415) 538-4465, or contact me at (415) 434-4900.

Linda Cheng
Manager, Financial Department

LC/pk

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