A licensed surplus line broker may accept and place surplus line business for any insurance producer licensed in this state for the kind and class of insurance involved and may compensate the producer therefor. No producer shall knowingly misrepresent to the broker any material fact involved in any insurance or in the eligibility thereof for placement with an unauthorized insurer.
Structure Code of Alabama
Chapter 10 - Unauthorized Insurers and Surplus Lines.
Article 2 - Surplus Line Insurance.
Section 27-10-20 - Procuring of Surplus Lines From Unauthorized Insurers.
Section 27-10-21 - Report of Surplus Line Broker.
Section 27-10-22 - Endorsement of Surplus Line Contract.
Section 27-10-23 - Validity and Enforceability of Surplus Line Contracts.
Section 27-10-24 - Licensing of Surplus Line Brokers.
Section 27-10-25 - Acceptance and Placement of Surplus Line Business From Agents or Brokers.
Section 27-10-26 - Eligibility of Insurers for Placement of Surplus Line Insurance.
Section 27-10-28 - Liability of Insurer as to Losses and Unearned Premiums.
Section 27-10-29 - Records of Surplus Line Brokers.
Section 27-10-30 - Annual Statement of Surplus Line Broker.
Section 27-10-31 - Annual Tax of Surplus Line Brokers.
Section 27-10-32 - Revocation or Suspension of Surplus Line Broker's License.
Section 27-10-33 - Service of Process in Action or Proceeding Against Insurer.
Section 27-10-34 - Exemptions From Surplus Line Insurance Law.
Section 27-10-35 - Report Of, and Tax On, Independently Procured Coverages; Exceptions.
Section 27-10-36 - Production of Policies, etc., for Inspection by Commissioner.