Section 21.27.810. Surplus lines broker records.

In addition to any other records requirements under this chapter, a surplus lines broker shall maintain in organized form a complete record including
        (1) the amount of insurance and perils insured;
        (2) a complete description of property insured and the location of the property;
        (3) gross premium charged;
        (4) a return premium paid;
        (5) the rate of premium charged upon the several items of property;
        (6) the effective date of the contract and the terms of the contract;
        (7) the name and address of the insured;
        (8) the name and address of the insurer;
        (9) the amount of tax and other sums to be collected from the insured;
        (10) the allocation of taxes by state under AS 21.34.180;
        (11) evidence of insurance issued in compliance with AS 21.34.100;
        (12) the identity and license number of the producing broker;
        (13) any confirming correspondence from the insurer or the representative of the insurer; and
        (14) the application.

Notes

History

(Sec. 94 ch 67 SLA 1992)