Section 21.27.670. Reinsurance intermediary broker qualifications.

Latest version.

In addition to the general qualifications under AS 21.27.020, the director may require that a reinsurance intermediary broker maintain
        (1) a bond in an amount acceptable to the director in favor of insurers and this state that requires the reinsurance intermediary broker to conduct business under this title; and
        (2) an errors and omissions insurance policy acceptable to the director.

Authorities

21.27.690

Notes

References

AS 21.27.690 Operating requirements for reinsurance intermediary brokers; actions for loss.

History

(Sec. 94 ch 67 SLA 1992; am Sec. 25 ch 96 SLA 2004)

                    
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