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.
Section: Previous 21.27.790 21.27.800 21.27.810 21.27.820 NextLast modified: November 15, 2016