What is the maximum duration of a surplus lines license?

The maximum duration of a surplus lines license in Pennsylvania is indeed two years. This aligns with the regulatory framework governing surplus lines insurance, which is designed to ensure that insurers are monitored and that the licensing process remains up to date. The two-year term allows the state to periodically review the qualifications and compliance of surplus lines brokers, ensuring they meet established professional standards and regulatory requirements.

This timeframe also provides an opportunity for continuous education and staying informed about changes in the insurance market and laws, which is crucial for practitioners in the field. Holding a license for two years promotes accountability and helps maintain the integrity of the surplus lines market.