20-415
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20-415. Statement of surplus lines insurance business transacted by broker; reporting periods A. Beginning January 1, 1998, each surplus lines broker shall file semiannually with the director a notarized statement of all surplus lines insurance business transacted by the broker during the period for which the statement is being filed. The statement shall be on a form prescribed by the director and shall show: 1. Gross amount of each kind of insurance transacted. 2. Aggregate gross premiums charged. 3. Aggregate of return premiums paid to insureds. 4. Aggregate of net premiums. 5. Such additional information as may reasonably be required by the director. B. The statement is due on or before March 1 of each year for the preceding July through December and on or before September 1 of each year for the preceding January through June. |