What does the White List represent in surplus lines insurance?

The White List in surplus lines insurance is designed to provide a list of eligible surplus lines companies that are authorized to conduct business in Missouri. This list helps surplus lines brokers and agents identify which companies can legally provide coverage when the standard insurance market cannot meet the needs of the insured. By using the White List, brokers can ensure that they are placing insurance with reputable and compliant companies that meet regulatory requirements.

This understanding is essential for maintaining the integrity of the surplus lines market and protecting consumers from potential liabilities associated with unauthorized insurers. The existence of such a list promotes transparency and helps ensure that consumers receive coverage from financially sound companies.