HB 900 -- Surplus Lines Insurance Sponsor: Ward This bill amends the bonding amount required for insurance brokers selling surplus lines insurance so as to be the lesser of $100,000 or an amount equal to the broker's tax liability for the previous tax year. Currently, a bond of $10,000 is required. The bill also grants nonresident licensees of surplus lines insurance the same authority as resident licensees. Currently, the licensing of nonresidents is within the discretion of the Department of Insurance.Copyright (c) Missouri House of Representatives