Which of the following could result from non-compliance with surplus lines regulations?

Non-compliance with surplus lines regulations can lead to legal investigations as this indicates a failure to adhere to the laws and guidelines governing surplus lines insurance. These regulations are in place to ensure consumer protection, market integrity, and proper taxation. When an entity does not comply, it can attract scrutiny from regulatory bodies, potentially leading to investigations to determine the extent of the non-compliance and the impact it may have had on stakeholders.

Legal investigations can result in various consequences, including fines, sanctions, or other legal actions, which are meant to uphold the integrity of the insurance market. Therefore, the link between non-compliance and the likelihood of legal investigations is direct and critical, as it highlights the importance of following established regulations within the surplus lines market.