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- Alaska Statutes.
- Title 21. Insurance
- Chapter 27. Producers, Agents, Administrators, Brokers, Adjusters, and Managers
- Section 810. Surplus Lines Broker Records.
previous:
Section 800. Trainee Surplus Lines Broker. [Repealed, Sec. 53 Ch 96 SLA 2004].
next:
Section 820. Denial, Nonrenewal, Suspension, or Revocation of Surplus Lines Broker License.
AS 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.
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