How do agents verify if they are working with an eligible surplus lines insurer?

Agents verify if they are working with an eligible surplus lines insurer by consulting the Texas Department of Insurance's official list. This list is maintained to provide a reliable source of information about insurers that are authorized to operate in the surplus lines market. It ensures that the insurers meet the necessary financial and regulatory standards required by the state, giving agents confidence that they are dealing with legitimate and stable entities. This verification process is crucial for agents to protect their clients and themselves, as it helps in avoiding potential issues that could arise from unqualified insurers.

Other methods, such as checking personal records, asking other agents for opinions, or contacting the insurer directly, may provide anecdotal information or opinions but lack the official verification required to ensure compliance with state regulations.