Current through the 2024 Budget Session
Section 26-11-105 - Surplus lines transaction report(a) Within forty-five (45) days after placing any surplus line insurance for an insured whose home state is this state, each surplus lines broker shall execute and file a report regarding the insurance coverage which shall be kept confidential by the commissioner, including the following: (i) The name and address of the insured;(ii) The identity of the insurer or insurers;(iii) A description of the subject and location of the risk;(iv) The amount of premium charged for the insurance;(v) Tax allocation information detailing the portion of the premium attributable to properties, risks or exposures located in each state; and(vi) Any other information as may be required by the commissioner.(b) The report shall be in the form and manner prescribed by the commissioner.Amended by Laws 2020 , ch. 45, § 1, eff. 7/1/2020.Amended by Laws 2012 , ch. 37, § 2, eff. 3/8/2012.