Troutman Pepper Locke Launches Weekly Surplus Lines Update Portal

Subscription-Based Service Offers State-By-State Surplus Lines Regulatory Updates and Practical Guidance for Insurance Carriers and Brokers

NEW YORK – Troutman Pepper Locke has launched its Weekly Surplus Lines Update Portal, a comprehensive, practical resource for U.S. and alien surplus lines carriers and brokers, providing tailored insights into the marketplace.

Through the weekly update portal, subscribers can track new and historical developments across all 50 U.S. states ‎and ‎territories. Developed by Troutman Pepper Locke’s nationally recognized insurance regulatory team, the firm researches and investigates new statutes, regulations, insurance department guidance, and secondary resources to report on new material legal requirements and developments applicable to the surplus lines industry, as well as data calls applicable to, and actions that must be taken by both surplus lines insurance carriers and brokers.

“As surplus lines carriers and brokers operate in one of the most complex regulatory environments, we are dedicated to helping clients navigate the market by delivering the most relevant, actionable guidance in one place,” said Zachary Lerner, chair of Troutman Pepper Locke’s Insurance Transactional and Regulatory Practice Group and co-author of the Excess and Surplus Lines Laws Manual. “We are confident subscribers will find our portal to be essential to their compliance needs.”

The Weekly Surplus Lines Update Portal provides subscribers with:

• Weekly regulatory updates via color-coded U.S. map for quick identification of new developments.
• Clear applicability scoping so you know whether changes affect brokers, insurers, or both, and U.S. vs. alien markets.
• State-specific data call monitoring with filing assistance.
• Identification of “action items” reflecting affirmative actions or filings that need to be taken or made by surplus lines brokers and insurers.
• Enforcement action insights to help you learn from industry trends and reduce compliance risk.

“We are proud to provide this resource that evolves with the market to ensure our subscribers are not just reacting to developments but are staying ahead of them,” added John Emmanuel, partner in the firm’s Insurance Transactional and Regulatory Practice Group and co-author of the Excess and Surplus Lines Laws Manual. “The surplus lines space is filled with nuance, and our team of professionals performs bespoke analysis to ensure carriers and brokers receive information relevant to their bottom line, which is a powerful way to help them reduce risk, streamline compliance, and focus on strategic priorities.”

The service portal is provided at no additional cost to clients who engage the firm to manage their surplus lines eligibility and is also available to other market participants for a flat subscription fee. To subscribe to the weekly update service or request pricing information, please contact John Emmanuel or Zachary Lerner.

Troutman Pepper Locke’s Insurance Transactional and Regulatory Practice navigates the complex landscape of insurance laws, regulations, and corporate transactions. To view a detailed description of the firm’s Excess + Surplus Lines Sub Group, including representative transactions and industry publications, please click here. The team provides strategic counsel to insurance companies, reinsurers, brokers, and other industry stakeholders, ensuring compliance with regulatory frameworks while facilitating mergers, acquisitions, capital raising, restructurings, and innovative market entries. By combining deep experience with industry insights, Troutman Pepper Locke empowers clients to achieve their business objectives while mitigating risks in a highly regulated sector.

Troutman Pepper Locke

Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.