Section 230-RICR-20-60-10.10 - Provider Reporting RequirementsA. Each provider must file a report on an annual basis reporting information for the previous calendar year no later than March 1 of the succeeding year. 1. The first report is due on March 1, 2011 and will reflect the information for each provider from the effective date of R.I. Gen. Laws Chapter 27-72 to December 31, 2010.B. The annual report shall be on a form designated by the Department and shall require disclosure of the following information regarding settlement of life insurance contracts issued to Rhode Island residents in the preceding year and settled within five (5) years of policy issuance. 1. Total number of policies settled.2. Aggregate face amount of those policies.3. Life settlement proceeds of those policies.4. A breakdown by policy issue year.5. The insurance companies whose polices were settled.6. The identity of the brokers who participated in the settlement transactions.C. With each annual filing a life settlement provider must pay a fee of five hundred dollars ($500) regardless of whether the provider has been licensed for the full year or a partial year prior to the report.230 R.I. Code R. 230-RICR-20-60-10.10