§431:8-300 - Exemptions from surplus lines law.

PART III.  SURPLUS LINES INSURANCE

 

     §431:8-300  Exemptions from surplus lines law.  This part shall not apply to reinsurance or to the following insurance when placed by a licensed producer of this State:

     (1)  Ocean marine insurance;

     (2)  Insurance on subjects located, resident, or to be performed wholly outside this State, or on vehicles or aircraft owned and principally garaged outside this State; or

     (3)  Insurance of aircraft or cargo of such aircraft, or against liability, other than workers' compensation and employer's liability, arising out of the ownership, maintenance, or use of such aircraft. [L 1989, c 195, §2; am L 2002, c 155, §15]