Which statement is true regarding regulations for surplus lines insurers in Texas?

Surplus lines insurers in Texas must be registered and meet specific eligibility criteria, which is crucial for maintaining a level of regulatory oversight in the insurance market. This requirement ensures that these insurers are authorized to operate in the state and that they meet the necessary financial and operational standards set by the Texas Department of Insurance.

Surplus lines insurers often provide coverage for risks that standard insurers may not cover, and being registered helps protect consumers by ensuring that these insurers are financially stable and capable of fulfilling their policy obligations. This registration process is an integral part of the regulatory framework designed to maintain market integrity and consumer protection within the surplus lines industry in Texas.

In contrast, the other options suggest a lack of regulation or oversight, which is not true since surplus lines insurers must adhere to certain standards and requirements to operate legally within the state.