Insurance Producers (Agents), Surplus Line Last updated 06/20/2024

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Fees

License Fee Description Exemptions
$75.00
None

Description

Surplus Line Agents place insurance with eligible surplus line insurers (non-admitted insurance) companies. They typically sell insurance to individuals or firms involved in high risk categories or extraordinary situations.

Duration

2 years

Renewal Information

Renew online at https://nipr.com/ NIPR.com

Additional Information:
The renewal fee and continuing education credits must be received and entered in the system by the license expiration date. If late, an additional $5 penalty is due.

Duplicate License Requirements

None

Processing Time

Processing Time Description
2-3 Weeks

Prerequisites and Requirements

Prerequisites

1) Have a residence or place of business in Oregon.
2) Disclose any criminal convictions.
3) Pass written exam.
4) Have property and casualty license.

Required Documentation

None

Examination Information

Current information for this license can be found on the Division of Financial Regulation (DFR) Producer Licensing website: https://dfr.oregon.gov/business/licensing/insurance/Pages/surplus-lines-licensing.aspx

Continuing Education Requirements

Current information for this license can be found on the Oregon Surplus Lines Association website: http://www.oregonsla.org/

Bonding Requirements

None

Insurance Requirements

None

Additional Information

Other Information

Current information for this license can be found on the Division of Financial Regulation (DFR) Producer Licensing website: https://dfr.oregon.gov/business/licensing/insurance/Pages/producer-licensing.aspx

Statutes, Administrative Rules, Ordinances

Other Detail Information

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