§27-3-11 Code of Alabama 1975, as amended: $100,000 for all lines
§27-3-12 Code of Alabama 1975, as amended: $200,000 for Official Surety
§27-3-13 Code of Alabama 1975, as amended: $50,000 for Title

Required for all lines, maximum $500,000. (A.R.S. §§ 20-213 and 20-581 et seq).
Alien: Amount not less than outstanding liabilities arising out of its U.S. insurance transactions, plus the greater of the largest deposit amount required of a like domestic insurer or $300,000.
Prepaid Legal: $500,000 surety bond or deposit. (A.R.S. § 20-1097.03)
Title: Minimum $250,000, maximum $750,000 (A.R.S § 20-1563)
All deposits subject to retaliation (A.R.S. § 20-230)

Required for all lines Ark. Code Ann. 23-63-206

Basic requirement: A foreign insurer must make and thereafter continuously maintain on deposit in this state or your state of domicile, securities eligible for deposit of a fair market value of not less than $100,000 for the benefit of all of its policyholders and creditors. Insurers authorized to transact Surety insurance must deposit additional securities with a market value of $50,000.

Primary Application: Required for all lines.

Expansion Application: Arkansas may also accept the Certificate of Deposit from another state, if held for benefit of all policyholders and creditors and if the requirements of AR Code Ann. 23-63-206 are met.

Life:                                                    $1,500,000
Fire (Property):                                   $1,500,000
Casualty:                                            $1,500,000
Multiple Line (Property & Casualty):  $2,000,000
Title:                                                      $750,000

General Deposit Requirement:

Foreign: A foreign insurer must make and thereafter continuously maintain on deposit in this state or another state cash or securities eligible for deposit of a fair market value of not less than $100,000 for the protection of all its policyholders wherever located or all of its policyholders and creditors. The Commissioner shall accept the certificate in proper form of the public official having supervision over the insurer in any state to the effect that such deposit is being maintained in public custody or control. [18 Del. C. Section 513(a)]

Domestic: The Commissioner shall not authorize a domestic insurer, other than a title insurer, to transact insurance unless it makes and thereafter continuously maintains on deposit in this State through the Commissioner cash or securities eligible therefor under § 1503 of this title of a fair market value of not less than $100,000 for the protection of all its policyholders wherever located, or all its policyholders in the United States, or all its policyholders and creditors. [18 Del. C. Section 513(f)]

Special Deposit Requirements

$100,000 (market value) Special Deposit required for Delaware policyholders only for insurers authorized to write Worker’s Compensation & Employers’ Liability. [18 Del. C. Section 513(c)]

$10,000 (market value) Special Deposit required for Delaware policyholders only for insurers authorized to write Surety. A waiver of the special deposit is permitted if the company has paid-in capital and surplus of $10,000,000 or more and continuously maintains on deposit in this State or another state cash or securities eligible for deposit of a fair market value of not less than $400,000 for the protection of all of its policyholders wherever located or all of its policyholders and creditors. [18 Del. C. Section 513(b)]

Required for Life and Health companies in the amount of   $100,000 (DC Code 31-4315)
Required for HMO companies in the amount of $300,000.  DC Code 31-3412(3)(b)

All foreign insurers, except foreign title insurers, are required to have on deposit with the Director of the Department of Insurance of the State of Idaho, OR with the duly authorized official of the domiciliary state, a sum in the amount of one million dollars ($1,000,000), in trust for the protection of all its policyholders or all its policyholders and creditors.

As to foreign title insurers, in lieu of such Idaho deposit, the director shall accept the certificate or certificates in proper form from the public official or officials having supervision over title insurers in any other state or states to the effect that a life deposit or total deposits by such insurer, in an equal or greater amount than required in this section, are being maintained in public custody or control for the protection generally of the insurer’s policyholders or its policyholders and creditors.

As to alien insurers, in lieu of such deposit or part thereof in this state, the director will accept evidence satisfactory to him that the insurer maintains within the United States by way of trust deposits with public depositories, or in trust institutions acceptable to the director, assets available for discharge of its United States insurance obligations, which assets shall be in an amount not less than the outstanding liabilities of the insurer arising out of its insurance transactions in the United States together with a surplus of one million dollars ($1,000,000).

* If authorized for Managed Care only, deposit requirements may be determined by Section 41-3905(8) and IDAPA 18.01.26.

** If authorized for Limited Managed Care Plan, deposit requirements may be determined by Section 41-3905(2).

Life $1,000,000 Indiana Code 27-1-12-11(f)

P & C, Reciprocals & RRGs $100,000 IC 27-6-14(d) stock; IC 27-1-6-15(d) mutual

HMO $500,000 IC 27-13-13-1

LSHMO $50,000 IC 27-13-34-17

Bail Bond $75,000 IC 27-10-3-15

Deposits will be required on a retaliatory basis- IC 27-1-17-2

There are exceptions in retaliatory states.

Required for all lines for domestics. Also required for foreign companies unable to establish that they file such deposits with their state of domicile. Foreign companies that desire to use their home state deposit must provide a Certificate of Deposit that indicates the deposit is for the benefit of ALL policyholders or creditors, or both.

Note: For Property and Casualty insurers only, if the market value of the securities held on deposit is not reflected on the Certificate of Deposit issued by the home state then, in addition to submitting the Certificate of Deposit, the applicant insurance company should submit a letter or other documentation which reflects the market value of the securities on deposit (on or after the date of the Certificate of Deposit) and indicate how such value was determined (e.g., broker, investment manager, etc.).

Kansas General Deposit Requirements are as follows:

Deposits are subject to retaliation. For example, if the domicile state would require a “special deposit” of a similar Kansas company, then the applicant would be required to establish the same deposit with the Kansas Insurance Department.

All foreign life/health and property/casualty must have a deposit of $1,000,000 for the benefit of all policyholders, held in any state, subject to retaliatory of their domiciliary state. KRS 304.3-140 and KRS 304.3-270

Limited Health Service Organization must have a deposit of $50,000.

KRS 304.38A-080

Health Maintenance Organization must have a deposit of $500,000.

KRS 304.38-073

Non-profit Health Service Corporation must have a deposit graded up to $500,000. KRS 304.32-140.

Act 159 of the 2021 Regular session of the Louisiana Legislature removed the requirements for most statutory deposits.  Foreign and alien insurers are not required to have a deposit in Louisiana and are not required to have a minimum deposit in the domiciliary state.  However, the Commissioner may, as a condition of the issuance or maintenance of a certificate of authority, require an insurer to make and maintain a deposit based upon the type, volume or nature of the insurance business transacted.  If, in the course of our review of the application, a determination is made that such a deposit is required, the applicant will be contacted with the specifics of such a requirement. 

Special Deposit for newly licensed foreign companies: $100,000

Workers' Compensation Deposit for foreign companies licensed to sell Workers' Comp in MA, $50,000 minimum; increased based on volume of Workers' Comp premium written in MA. See Bulletin 2004-12.

Primary App:
Per MCA 83-19-31(2), “Any domestic company qualifying under the foregoing sections shall deposit with the State Treasurer fifty percent (50%) of its capital stock, either in cash or such bonds or securities in which such company is authorized by law to invest its funds.” Also per MCA 83-7-21, a company will be required to deposit up to $100,000 of Life Insurance reserves.

Expansion App:
Life, Accident and Health and Property/Casualty Insurance Companies must deposit $50,000 (MCA 83-21-3(4)) A Certificate of Deposit is accepted instead of the $50,000 deposit. Other types of companies may require different amounts

Life: $600,000 Market Value
Single Line Casualty: $800,000 Market Value
Multi-Line Casualty: $1.2 Million Market Value
Title: $400,000 Market Value

§33-2-111 Deposits required.
https://leg.mt.gov/bills/mca/title_0330/chapter_0020/part_0010/section_0110/0330-0020-0010-0110.html

33-2-603. Deficiency of deposit
https://leg.mt.gov/bills/mca/title_0330/chapter_0020/part_0060/section_0030/0330-0020-0060-0030.html and https://leg.mt.gov/bills/mca/title_0330/chapter_0020/part_0060/section_0110/0330-0020-0060-0110.html -- revocation of certificate. If for any reason the market value of assets and securities of an insurer held on deposit in this state or in another state under custodial arrangements authorized by 33-2-604(3) falls below the amount required under this code to be so held, the insurer shall promptly deposit other or additional assets or securities eligible for deposit under this part and in amount sufficient to cure such deficiency. If the insurer has failed to cure the deficiency within 20 days after receipt of notice thereof by registered or certified mail from the commissioner, the commissioner shall forthwith revoke the insurer's Certificate of Authority.

§44-319 $100,000 minimum requirement for the benefit of all policyholders deposited with Nebraska or State of Domicile

§44-150 Subject to retaliation

Special Deposit to write workers’ compensation – retaliatory only

Statutory deposits are required pursuant to NRS 680A.140
Statutory deposits for an HMO are required pursuant to NAC 695C.120
Special Deposits are required for all foreign insurers (excluding surplus lines) pursuant to NRS 682B.015
For more information, reference Nevada’s Statutory Deposit Requirements webpage

Primary App.: Minimum of $100,000 to a maximum of $250,000 is required for the majority of stock carriers.  N.J.S.A. 17:20-1.1c&d (property/casualty), 17B:18-37c&d (life/health), 17:46B-7b (title), 17:46A-8 (mortgage).

Surety writers must have $200,000.  N.J.S.A. 17:32-5.

Reciprocal Exchanges must have $100,000. N.J.S.A. 17:50-6.

New Mexico has two deposit requirements, a Special Deposit (NMSA Section 59A-5-19) and a General Deposit (NMSA Section 59A-5-18). The Special Deposit is for the benefit of all its policyholders and creditors located in New Mexico and the General Deposit is for the benefit of all its policyholders and creditors wherever they may be located. The Special Deposit must be maintained with NM and will be required prior to issuance of a Certificate of Authority. The General Deposit can be maintained in NM or the company can provide a Certificate of Deposit certified by the state of domicile or any other state.      Effective July 1, 2017, requirements changed.

59A-5-16. Capital funds, deposits, required for certificate of authority. (2016) 

A.   To qualify for certificate of authority to transact any one kind or combination of kinds of insurance in this state, an insurer shall possess:
(1)   if a stock insurer, paid-in capital stock and, when first so authorized, surplus all as shown in Schedule I of this section; or
(2)   if a mutual, reciprocal or Lloyds insurer, basic capital surplus, including guaranty funds, if any, and additional unassigned surplus when first so authorized, as required under Schedule I of this section.
B.   Except that an insurer that on January 1, 1985, having applied for a certificate on or before February 15, 1984, held a valid and subsisting certificate of authority to transact insurance in this state may, if a domestic insurer, continue to be so authorized until December 31, 1995, so long as otherwise qualified therefor and possessing paid-in capital stock, if a stock insurer, or basic capital surplus, if a mutual, reciprocal or Lloyds insurer, not less than that required of the insurer by the laws of this state in force on January 1, 1986; and if a foreign insurer, may so continue to be so authorized, if otherwise qualified therefor, while possessing such capital funds (paid-in capital stock and surplus if a stock insurer, and surplus if a mutual or reciprocal insurer) until December 31, 1990.  At the expiration of such period, as applicable, the insurer shall meet the basic capital requirements of this section as set forth in Schedule I of this section in order to maintain its certificate of authority.  Upon a change in the control of either a domestic insurer or foreign insurer, the insurer shall, within one year from effective date of such change of control, meet the capital funds requirements of Schedule I of this section as though a newly authorized insurer, but this sentence shall not act to extend the otherwise applicable time period.  For the purposes of this subsection, "control" shall have the meaning ascribed in Section 59A-37-2 NMSA 1978.
C.   The capital funds required for authority to transact insurance in this state shall be based upon all the kinds of insurance the insurer transacts, wherever transacted or to be transacted.
D.   This section shall not apply as to domestic Lloyds plan insurers as identified in Chapter 59A, Article 38 NMSA 1978 except as stated in that article.
E.   The capital requirements of this section are set forth in the following schedule:

                                                                         Schedule I
                                                                       NEW MEXICO
                                           Minimum Capital, Surplus and Deposit Requirements 
Property/Casualty Insurer

Life/Health Insurer

Premium Volume means the insurer's worldwide direct premiums earned (if Property/Casualty) or received (if Life/Health) during the previous calendar year.

Kinds of insurance pertains to the general kinds of insurance that property/casualty insurers are authorized to transact.

The following groups or single kinds of insurance shall be counted as one kind of insurance when calculating the amount of required Basic Capital, Additional Surplus, General Deposit and Special Deposit: 
Notes:

Casualty; Property; and Title.

When determining Basic Capital and Additional Surplus amounts, the kinds of Insurance shall be based on the insurer's actual or requested transaction authority Worldwide.

When determining General Deposit and Special Deposit amounts, the kinds of Insurance shall be based on the insurer's actual or requested transaction authority in New Mexico.

"Basic Capital" means paid-in capital stock (if a stock insurer) or basic capital surplus (if a mutual, reciprocal or Lloyds insurer).  General Deposit or Special Deposit funds are included within, and are not additional to, required Basic Capital and Additional Surplus.  General Deposit amounts shown above are not applicable to alien insurers.

History: Laws 1984, ch. 127, § 83; 1987, ch. 259, § 4; 1987, ch. 262, § 1; repealed and reenacted by Laws 2007, ch. 282, § 1; 2016, ch. 89, § 1.

Property: Certificate of Deposit required. Deposits must be in accordance with Sections 1318, 1319, 1320 and 4104 of the N.Y. Ins. Law. Property & Casualty Companies seeking to reinsure lines in addition to those lines they can write directly; or to write or reinsure risks outside the United States, its territories and possessions are required to have Surplus to Policyholders of $35,000,000 and a deposit of at least $3,000,000.” It also would be more accurate to say at the bottom of that section for New York for all companies that “It should be noted that these are minimum requirements. A higher amount of surplus may be required based upon a review of the Company’s Plan of Operations and Financial Projections. Generally a deposit of at least $500,000 is required. 
Stock Property/Casualty Company Financial Requirements

Life: Certificate of Deposit required. $200,000 for life and/or annuities $200,000 additional if also licensed to do accident and health.(par, market and statement values) must be on deposit (qualifying securities with home state for protection of all policyholders. Sections 1318, 1319 and 4206 of the N.Y. Ins. Law.

Health: Certificate of Deposit required. Deposits must be in accordance with Sections 1318, 1319 and 4206 of the N.Y. Ins. Law.

Primary & Expansion Apps:
NCGS Chapter 58, Article 5 sets forth the basic deposit requirements in North Carolina. All successful applicant companies must place the amount required by statute and any additional amount required by administrative rule on deposit in North Carolina within thirty days after the company has been notified that the initial license has been approved and issued. The amount of the deposit and instructions for making such deposit are included in the notification letter.

See the North Carolina State-Specific web page for the basic deposit requirements under “NAIC UCAA Application Information”

Corporate Amendments App:
See North Carolina Statute 58-5-1 through 58-5-120

Corporate Amendments App:
No

P&C companies licensed to write fidelity & surety: $50,000 with OH or $100,000 with state of domicile (ORC 3929.01 & 3929.07) and $200,000 with Ohio or domicile. Deposits must be held for “all policyholders” and may not include other beneficiaries (e.g. –  “all policyholders and creditors” is unacceptable.)

Life, Accident & Health companies: $100,000 on deposit with domicile or Ohio. Deposits must be held for “all policyholders” and may not include other beneficiaries (e.g. –  “all policyholders and creditors” is unacceptable.)

Insurance Carrier: Minimum $300,000 (O.S. 36 §613)
HMO Insurance Carrier: Minimum $500,000 (O.S. 36 §6913)
Surety Including Bail Insurance Carrier: Minimum $300,000 (O.S. 36 §613 & §4904)

Workers’ comp                                 $110,000 (ORS 731.628)
Title                                                  $110,000;
Home protection                              $110,000;
Surety                                              $260,000;
Mortgage                                         $510,000 (ORS 731.624)

L.P.R.A. § 313 of the Insurance Code of Puerto Rico- ‘’No insurer organized under the laws of a state of the United States may be authorized to transact insurance in Puerto Rico, unless it deposits and maintains on deposit assets worth not less than fifty percent (50%) of the amount of the paid-in capital if a stock insurer, or surplus if a mutual, cooperative, reciprocal or Lloyd's plan insurer, as required to be maintained for the kind or kinds of insurance to be offered in Puerto Rico notwithstanding the provision contained in § 304(2) of this title. Provided, That in no case shall said deposit be greater than one million dollars ($1,000,000).

(3) The deposit shall be made in trust with the Secretary of the Treasury of the Commonwealth of Puerto Rico, through the Office of the Commissioner; except that the Commissioner, provided that by the laws of the state where the insurer is domiciled is extended a similar privilege to insurers domiciled in Puerto Rico, may accept, in lieu of a deposit, or any part thereof, in Puerto Rico, the certificate of the public official having the supervision over insurance in a state, showing that a deposit by such insurer, or like part thereof, is being maintained in trust in such state for the purpose stated in subsection (2) of this section, if the total deposit in Puerto Rico and that evidenced by such certificate or certificates is an amount not less than that required under subsection (1) of this section.’’

R .I. Gen Laws §27-2-6 stipulates that a foreign L&H or P&C company maintain a deposit with a minimum market value of $100,000 in its state of domicile for the benefit of all policyholders.  A certified copy of the company’s domestic deposit must be submitted with the company’s Expansion Application.

R. I. Gen Laws §27-2-6.1 authorizes the insurance commissioner, at his or her discretion, to require an additional special deposit for the benefit of all R. I. Policyholders as a condition to licensing.

Pursuant to R. I. Gen Laws §27-2-17 (a), such deposits are subject to retaliation if the company’ state of domicile would require a like R. I. Company to have a larger deposit.  In the event that a retaliatory deposit or a special deposit is required, we would advise you of the amount required and provide routing details at that time.

Required for all lines
(SC 38-9-100, 38-9-80 and 38-15-30)

Minimum of $200,000 or more held in trust in a financial institution for the protection of all policyholders.
Title: $100,000
Retaliatory basis (SDCL 58-6-70)

Property and Casualty
Per kind(s) of business authorized: $100,000 Property; $100,000 Casualty; $200,000 Surety; Market Value, TCA 56-2-104

Life
$200,000 market value, TCA 56-2-104

Title
$100,000, TCA 56-35-112

These securities must consist of bonds of either the U.S. or any agency or instrumentality of the U.S.

1.    Bonds of the State of Tennessee
2.    Bonds of the state of domicile
3.    Bonds publicly issued by any solvent institution created or existing under the laws of the United States of America or any other state

Property & Casualty
No deposit required.

Life & Health
No deposit required.

For Foreign companies, the amount specified in §31A-5-211.

All companies have a Certificate of Deposit requirement.

Required for line(s) of business, subject to retaliatory law.
(RCW 48.05.080 – foreign; RCW 48.05.090 & 100 – alien;
RCW 48.05.105 – Seasoning requirement)

Primary App:
Required for all lines in the amount of $100,000.

Expansion & Corporate Amendments Apps:
Required for all lines in the amount of $100,000, subject to retaliation. Foreign licensed insurers may file Certificate of Deposit from supervisory official of any other state.

(W. Va. Code § 33-3-6)