1. A. In order to bind coverage for the FAIR Plan and the Coastal Plan through Citizens, each duly licensed insurance producer must meet the following requirements:

   1. 1. maintain errors and omission insurance in the minimum amount of $1 million per occurrence and
      $1 million annual aggregate;
   2. 2. complete any previously approved and required Citizens education seminar, as well as review and follow all training documents, rules, and guidelines provided on Citizens’ website;
   3. 3. demonstrate experience writing property and casualty insurance in Louisiana and maintain an in-force book of residential and/or commercial property insurance business in the lines of insurance offered by Citizens;
   4. 4. have a valid insurance producer license issued by the department;
   5. 5. submit to Citizens a completed application warranting compliance with applicable requirements established by Citizens;
   6. 6. submit to Citizens a properly executed producer subscriber agreement; and
   7. 7. demonstrate compliance with all terms and conditions set forth in the producer subscriber agreement.

Authority Note

AUTHORITY NOTE: Promulgated in accordance with R.S. 22:2313 and the Administrative Procedure Act, R.S. 49:950 et seq.

Historical Note

HISTORICAL NOTE: Promulgated by the Louisiana Citizens Property Insurance Corporation, LR 33:1873 (September 2007), amended LR 47:1530 (October 2021).