Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 3. Commerce, Community, and Economic Development. |
Part 3.1. Banking, Securities, Small Loans and Corporations. |
Chapter 3.25. Surplus Lines - Unauthorized Insurers. |
Section 3.25.090. Report of insurance transactions.
Latest version.
-
(a) Repealed 6/11/2006. (b) In addition to the information required by AS 21.34.080, a surplus lines broker shall include the following information in the report of each surplus lines insurance transaction on a form prescribed by the director: (1) the policy term and policy number; (2) identification of the type of insurance as it is required to be reported in the annual statement that must be filed with the director by an admitted insurer; (3) the gross premiums written for each type of insurance identified under (2) of this subsection; (4) if the National Association of Insurance Commissioners has not assigned the company number referenced in AS 21.34.080, an identifying number for that company that has been obtained from the division; (5) the name and firm license number issued under AS 21.27.010(a) of the producing broker; (6) the name and firm license number issued under AS 21.27.010(a) of the surplus lines broker. (c) Repealed 9/4/2014. (d) Late reporting of a transaction is subject to a penalty under 3 AAC 25.100(e).
Authorities
21.06.090;21.34.080;21.34.250;44.62.125
Notes
Authority
AS 21.06.090 AS 21.34.080 AS 21.34.250 Editor's note: As of Register 182 (July 2007), the regulations attorney made technical revisions under AS 44.62.125(b)(6) to 3 AAC 25.090.History
Eff. 8/28/91, Register 119; am 10/21/92, Register 124; am 6/11/2006, Register 178; am 7/25/2008, Register 187; am 9/4/2014, Register 211
References
3.25.090