Conn. Agencies Regs. § 38a-707-9

Current through October 16, 2024
Section 38a-707-9 - Service fee disclosure

No insurance producer or surplus lines broker shall charge any service fee as specified in sections 38a-707-2 to 38a-707-8, inclusive, without first obtaining a written memorandum, signed by the party to be charged, and specifying and clearly defining the premium applicable to the policy and the amount or extent of any service fees assessed pursuant to section 38a-707-1 to 38a-707-9, inclusive, of the Regulations of Connecticut State Agencies. Such memorandum shall be kept by the producer or surplus lines broker in such manner as to be easily subject to audit or inspection by the insurance commissioner or the Commissioner's agents.

Conn. Agencies Regs. § 38a-707-9

Effective September 25, 1992; Amended December 22, 2003