{"id":2076,"date":"2013-09-01T06:05:39","date_gmt":"2013-09-01T12:05:39","guid":{"rendered":"https:\/\/www.myconstructionexpert.com\/blog\/?p=2076"},"modified":"2013-08-27T16:06:08","modified_gmt":"2013-08-27T22:06:08","slug":"california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers","status":"publish","type":"post","link":"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/","title":{"rendered":"California Allows Contractors Formed As LLCs To Access Surplus Lines Carriers"},"content":{"rendered":"

Dennis Rolstad – August 21, 2013<\/p>\n

On August 16, 2013, California Governor Jerry Brown signed AB1236, a bill that allows contractors organized as limited liability companies to obtain liability insurance from non-admitted surplus lines carriers.\u00a0 California Business & Professions Code \u00a7 7071.19 requires that limited liability companies carry liability insurance.\u00a0 AB1236, sponsored by the Association of California Insurance Companies, amends Section 7071.19 to allow such insurance to be acquired from surplus lines carriers.<\/p>\n

California has been amending its statutes to allow various forms of businesses to form as limited liability companies.\u00a0 As of a 2010 statute, contractors may now obtain LLC status, but a licensed contractor must maintain liability insurance at specified dollar levels issued by a state licensed insurer.\u00a0 Since January 1, 2011, hundreds of California contractors have been licensed as LLCs; however, over 68,000 other licensed contractors have general liability coverage obtained from surplus lines carriers that are not regulated by the California Department of Insurance.<\/p>\n

Effective January 1, 2014, a contractor licensed as an LLC may obtain its liability policy from an eligible surplus line insurer, which is an insurer that has met certain standards including reserve requirements.\u00a0 The requirements for a non-admitted insurer are found at California Insurance Code \u00a7 1765.1.\u00a0 It is believed that AB1236 will increase access to insurance for contractor LLCs, have a positive effect on premium pricing, and increase the viability of LLC status for contractors.<\/p>\n

via California Allows Contractors Formed As LLCs To Access Surplus Lines Carriers | Sedgwick LLP – JDSupra<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Dennis Rolstad – August 21, 2013 On August 16, 2013, California Governor Jerry Brown signed AB1236, a bill that allows contractors organized as limited liability companies to obtain liability insurance from non-admitted surplus lines carriers.\u00a0 California Business & Professions Code \u00a7 7071.19 requires that limited liability companies carry liability insurance.\u00a0 AB1236, sponsored by the Association… Continue reading California Allows Contractors Formed As LLCs To Access Surplus Lines Carriers<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[14,3],"tags":[12,22,423],"class_list":["post-2076","post","type-post","status-publish","format-standard","hentry","category-construction-2","category-insurance-claims","tag-construction","tag-insurance","tag-limited-liability-company","entry"],"jetpack_publicize_connections":[],"yoast_head":"\nCalifornia Allows Contractors Formed As LLCs To Access Surplus Lines Carriers - Advise & Consult, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"California Allows Contractors Formed As LLCs To Access Surplus Lines Carriers - Advise & Consult, Inc.\" \/>\n<meta property=\"og:description\" content=\"Dennis Rolstad – August 21, 2013 On August 16, 2013, California Governor Jerry Brown signed AB1236, a bill that allows contractors organized as limited liability companies to obtain liability insurance from non-admitted surplus lines carriers.\u00a0 California Business & Professions Code \u00a7 7071.19 requires that limited liability companies carry liability insurance.\u00a0 AB1236, sponsored by the Association… Continue reading California Allows Contractors Formed As LLCs To Access Surplus Lines Carriers\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/\" \/>\n<meta property=\"og:site_name\" content=\"Advise & Consult, Inc.\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Advise-Consult-Inc-126949043996790\/\" \/>\n<meta property=\"article:published_time\" content=\"2013-09-01T12:05:39+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@adviseconsult\" \/>\n<meta name=\"twitter:site\" content=\"@adviseconsult\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/www.myconstructionexpert.com\/blog\/#\/schema\/person\/0a11abe008083d5fb19c2b0feefe7bd7\"},\"headline\":\"California Allows Contractors Formed As LLCs To Access Surplus Lines Carriers\",\"datePublished\":\"2013-09-01T12:05:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/\"},\"wordCount\":246,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.myconstructionexpert.com\/blog\/#organization\"},\"keywords\":[\"construction\",\"insurance\",\"Limited Liability Company\"],\"articleSection\":[\"Construction\",\"Insurance Claims\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/\",\"url\":\"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/\",\"name\":\"California Allows Contractors Formed As LLCs To Access Surplus Lines Carriers - Advise & Consult, Inc.\",\"isPartOf\":{\"@id\":\"https:\/\/www.myconstructionexpert.com\/blog\/#website\"},\"datePublished\":\"2013-09-01T12:05:39+00:00\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.myconstructionexpert.com\/blog\/#website\",\"url\":\"https:\/\/www.myconstructionexpert.com\/blog\/\",\"name\":\"Advise & Consult, Inc.\",\"description\":\"Construction Expert Witnesses\",\"publisher\":{\"@id\":\"https:\/\/www.myconstructionexpert.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.myconstructionexpert.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.myconstructionexpert.com\/blog\/#organization\",\"name\":\"Advise & Consult\",\"url\":\"https:\/\/www.myconstructionexpert.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.myconstructionexpert.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.myconstructionexpert.com\/blog\/wp-content\/uploads\/2015\/11\/AC-Red-Logo.png\",\"contentUrl\":\"https:\/\/www.myconstructionexpert.com\/blog\/wp-content\/uploads\/2015\/11\/AC-Red-Logo.png\",\"width\":162,\"height\":75,\"caption\":\"Advise & Consult\"},\"image\":{\"@id\":\"https:\/\/www.myconstructionexpert.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/Advise-Consult-Inc-126949043996790\/\",\"https:\/\/x.com\/adviseconsult\",\"https:\/\/www.linkedin.com\/company-beta\/204526\/\",\"https:\/\/www.youtube.com\/user\/MrConstructionExpert\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.myconstructionexpert.com\/blog\/#\/schema\/person\/0a11abe008083d5fb19c2b0feefe7bd7\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.myconstructionexpert.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b01e71b7acadd7657af782b7ad1a30cc?s=96&d=mm&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b01e71b7acadd7657af782b7ad1a30cc?s=96&d=mm&r=pg\",\"caption\":\"admin\"},\"sameAs\":[\"http:\/\/www.expertwitnessinconstruction.com\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"California Allows Contractors Formed As LLCs To Access Surplus Lines Carriers - Advise & Consult, Inc.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/","og_locale":"en_US","og_type":"article","og_title":"California Allows Contractors Formed As LLCs To Access Surplus Lines Carriers - Advise & Consult, Inc.","og_description":"Dennis Rolstad – August 21, 2013 On August 16, 2013, California Governor Jerry Brown signed AB1236, a bill that allows contractors organized as limited liability companies to obtain liability insurance from non-admitted surplus lines carriers.\u00a0 California Business & Professions Code \u00a7 7071.19 requires that limited liability companies carry liability insurance.\u00a0 AB1236, sponsored by the Association… Continue reading California Allows Contractors Formed As LLCs To Access Surplus Lines Carriers","og_url":"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/","og_site_name":"Advise & Consult, Inc.","article_publisher":"https:\/\/www.facebook.com\/Advise-Consult-Inc-126949043996790\/","article_published_time":"2013-09-01T12:05:39+00:00","author":"admin","twitter_card":"summary_large_image","twitter_creator":"@adviseconsult","twitter_site":"@adviseconsult","twitter_misc":{"Written by":"admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/#article","isPartOf":{"@id":"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/"},"author":{"name":"admin","@id":"https:\/\/www.myconstructionexpert.com\/blog\/#\/schema\/person\/0a11abe008083d5fb19c2b0feefe7bd7"},"headline":"California Allows Contractors Formed As LLCs To Access Surplus Lines Carriers","datePublished":"2013-09-01T12:05:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/"},"wordCount":246,"commentCount":0,"publisher":{"@id":"https:\/\/www.myconstructionexpert.com\/blog\/#organization"},"keywords":["construction","insurance","Limited Liability Company"],"articleSection":["Construction","Insurance Claims"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/","url":"https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/","name":"California Allows Contractors Formed As LLCs To Access Surplus Lines Carriers - Advise & Consult, Inc.","isPartOf":{"@id":"https:\/\/www.myconstructionexpert.com\/blog\/#website"},"datePublished":"2013-09-01T12:05:39+00:00","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.myconstructionexpert.com\/blog\/california-allows-contractors-formed-as-llcs-to-access-surplus-lines-carriers\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.myconstructionexpert.com\/blog\/#website","url":"https:\/\/www.myconstructionexpert.com\/blog\/","name":"Advise & Consult, Inc.","description":"Construction Expert Witnesses","publisher":{"@id":"https:\/\/www.myconstructionexpert.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.myconstructionexpert.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.myconstructionexpert.com\/blog\/#organization","name":"Advise & Consult","url":"https:\/\/www.myconstructionexpert.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.myconstructionexpert.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.myconstructionexpert.com\/blog\/wp-content\/uploads\/2015\/11\/AC-Red-Logo.png","contentUrl":"https:\/\/www.myconstructionexpert.com\/blog\/wp-content\/uploads\/2015\/11\/AC-Red-Logo.png","width":162,"height":75,"caption":"Advise & Consult"},"image":{"@id":"https:\/\/www.myconstructionexpert.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Advise-Consult-Inc-126949043996790\/","https:\/\/x.com\/adviseconsult","https:\/\/www.linkedin.com\/company-beta\/204526\/","https:\/\/www.youtube.com\/user\/MrConstructionExpert"]},{"@type":"Person","@id":"https:\/\/www.myconstructionexpert.com\/blog\/#\/schema\/person\/0a11abe008083d5fb19c2b0feefe7bd7","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.myconstructionexpert.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b01e71b7acadd7657af782b7ad1a30cc?s=96&d=mm&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b01e71b7acadd7657af782b7ad1a30cc?s=96&d=mm&r=pg","caption":"admin"},"sameAs":["http:\/\/www.expertwitnessinconstruction.com"]}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2ztG6-xu","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myconstructionexpert.com\/blog\/wp-json\/wp\/v2\/posts\/2076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myconstructionexpert.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myconstructionexpert.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myconstructionexpert.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myconstructionexpert.com\/blog\/wp-json\/wp\/v2\/comments?post=2076"}],"version-history":[{"count":0,"href":"https:\/\/www.myconstructionexpert.com\/blog\/wp-json\/wp\/v2\/posts\/2076\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myconstructionexpert.com\/blog\/wp-json\/wp\/v2\/media?parent=2076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myconstructionexpert.com\/blog\/wp-json\/wp\/v2\/categories?post=2076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myconstructionexpert.com\/blog\/wp-json\/wp\/v2\/tags?post=2076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}