A surplus lines insurers group is raising objections to the Delaware Insurance Department's call for data the state says it needs to reconcile the insurers' reports with broker financial reports.
The National Association of Professional Surplus Lines Offices, which is objecting, said Texas, Missouri and Connecticut are among other states that have made such requests.
Steve Stephan, government affairs director for NAPSLO, said in a statement that the request imposes a burden on surplus lines companies since they may not have stored such data in the normal course of business because in the past they have not been subject to the same level of reporting as admitted companies.
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