Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
Section 21.27.810 - Surplus lines broker recordsIn 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