431:8-313 Surplus lines broker's reports to commissioner.

HI Rev Stat § 431:8-313 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

§431:8-313 Surplus lines broker's reports to commissioner. (a) Each surplus lines broker shall file with the commissioner on or before March 15, 2011, a verified statement of all surplus lines insurance transacted during 2010. Each surplus lines broker shall file with the commissioner on or before September 15, 2011, a verified statement of all surplus lines insurance transacted after December 31, 2010, and before July 1, 2011. After June 30, 2011, each surplus lines broker shall file with the commissioner within forty-five days of the end of each calendar quarter a verified statement of all surplus lines insurance transacted during the calendar quarter as follows:

(1) The statement for the quarter ending March 31 shall be filed on or before May 15;

(2) The statement for the quarter ending June 30 shall be filed on or before August 15;

(3) The statement for the quarter ending September 30 shall be filed on or before November 15; and

(4) The statement for the quarter ending December 31 shall be filed on or before February 15.

(b) The statement shall be on forms as prescribed and furnished by the commissioner and shall show:

(1) Gross amount of premiums for each kind of insurance transacted;

(2) Gross premiums charged;

(3) Returned premiums paid to insureds;

(4) Net premiums and fees;

(5) Amount of remitted taxes and fees; and

(6) Additional information as required by the commissioner. [L 1987, c 347, pt of §2; am L 2003, c 212, §47; am L 2011, c 68, §12; am L 2019, c 216, §4]