How are endorsements on surplus lines policies handled in Pennsylvania?

Endorsements on surplus lines policies in Pennsylvania must be filed with the Pennsylvania Insurance Department. This requirement is in place to ensure that there is oversight and regulation of these endorsements, which can modify, add, or exclude coverage provisions within a surplus lines policy. Filing them helps maintain transparency and accountability in the insurance process, allowing the state to monitor these endorsements for compliance with the law and consumer protection standards.

This practice underscores the regulatory framework that surrounds surplus lines insurance, which often covers risks that traditional insurers may not underwrite, making vigilance by the Insurance Department crucial. The requirement for filing with the state ensures that any changes made to a policy are documented and can be reviewed if necessary.