Skip to main content

What Are the Record Requirements of Surplus Lines Brokers?

Submitted by VLHudson on
Answer

Each Surplus Lines Broker shall keep in his or her office a full and true record of each surplus lines insurance contract covering a domestic risk placed by or through him or her with a surplus lines insurer, including a copy of the daily report, if any, and showing such of the following items as may be applicable:
The record of each contract shall be kept open to examination by the commissioner without notice until three years next following termination of the contract.

Accordion to apply to