INSURANCE/SURPLUS LINE: Provides policy provisions and exceptions relative to surplus lines insurance

HB 561 amends a provision in surplus lines insurance law to explicitly state that certain policy requirements apply "to a commercial insured." This change directly affects insurance companies writing surplus lines policies and commercial businesses purchasing them, clarifying that specific rules (like disclosures or coverage terms) now apply to commercial clients. The bill modifies the existing legal text by inserting "to a commercial insured" after "insurer" in the relevant section, ensuring these requirements are unambiguously directed at commercial policyholders. It does not create new rules but refines how existing provisions apply to a key category of insureds.