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Current as of January 01, 2022 | Updated by FindLaw Staff
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.
Cite this article: FindLaw.com - Alaska Statutes Title 21. Insurance § 21.27.810. Surplus lines broker records - last updated January 01, 2022 | https://codes.findlaw.com/ak/title-21-insurance/ak-st-sect-21-27-810/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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