Lloyd's Market Association Bulletin
LMA20-050-AC | 07 December 2020
US Surplus Lines Notice updates
Following updates to regulatory requirements in the states of Arizona, Iowa, US Virgin Islands and Wyoming, the LMA has updated and republished (with updated LMA clause references) the corresponding model state surplus lines, as follows:
To assist the market, the LMA has also released an updated listing of all US Surplus Lines Notices and Ancillary Clauses that have been published by the LMA to date, which can be accessed here.
These model notices are available on the Lloyd’s Wordings Repository (LWR), which can be accessed via www.lloydswordings.com. Please note that the now outdated versions of these notices have now been moved to “archive” status on the LWR.
The Lloyd’s International Regulatory Affairs team (LIRA) has updated the “Notice to the Insured” field under the “Insurance Documentation” section on Crystal for each of the affected states, to reflect these updates.
Any queries regarding the content of this Bulletin should be referred to the LMA.
Head of Contract Wordings
Technical Executive, Wordings