N.Y. Comp. Codes R. & Regs. tit. 11 § 27.12

Current through Register Vol. 46, No. 43, October 23, 2024
Section 27.12 - Service fees

A producing broker or excess line broker, when the insured's home state is this State, shall not charge the insured any amount (including reimbursement for premium taxes or stamping fees), other than the premiums for the policy or insurer's policy fee, if any, unless the broker obtains a written memorandum, signed by the insured, specifying the amount and purpose in accordance with section 2119 of the Insurance Law.

N.Y. Comp. Codes R. & Regs. Tit. 11 § 27.12

Amended, New York State Register October 8, 2014/Volume XXXVI, Issue 40, eff.10/8/2014