Each licensed surplus line broker shall keep in the broker's office a full and true record of each surplus line contract procured by the broker, including a copy of the daily report, if any, showing such of the following items as may be applicable: Amount of the insurance; gross premiums charged; return premium paid, if any; rate of premium charged upon the several items of property; effective date of the contract and the terms thereof; name and address of the insurer; name and address of the insured; brief general description of property insured and where located; other information as may be required by the commissioner. The record shall at all times be open to examination by the commissioner.
Source: L. 49: p. 469, § 8. CSA: C. 87, § 325. CRS 53: § 72-14-8. C.R.S. 1963: § 72-13-8. L. 2001: Entire section amended, p. 1213, § 39, effective January 1, 2002.
Structure Colorado Code
Article 5 - Nonadmitted Insurance
§ 10-5-101.1. Legislative Declaration
§ 10-5-102. Validity of Certain Contracts
§ 10-5-103. Conditions for Export
§ 10-5-103.5. Producing Broker's Affidavit
§ 10-5-104. Endorsement of Contract
§ 10-5-105. Surplus Line Insurance Valid
§ 10-5-106. When Export Declared Eligible
§ 10-5-107. Brokers May Accept Business From Producers
§ 10-5-108. Placement of Surplus Lines Insurance
§ 10-5-109. Records of Surplus Line Broker
§ 10-5-111.5. Allocation of Premium Tax
§ 10-5-112. Penalty for Failure to Comply
§ 10-5-113. Revocation of Broker's License
§ 10-5-114. Actions Against Insurer - Service
§ 10-5-115. Authority of Commissioner - Assistance of Brokers' Association
§ 10-5-116. Records Produced on Order
§ 10-5-117. Rules and Regulations
§ 10-5-118. Notice Provisions Not Applicable to Surplus Lines
§ 10-5-119. Disclosures Regarding Claims-Made Policies by Surplus Line Brokers or Insurers