PocketLaw | South Carolina Code Of Laws | Insurance Brokers And

Insurance Brokers And Surplus Lines Insurance

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Section
38-45-10

Definitions.

Section
38-45-20

Requirements for resident to be licensed as an insurance broker.

Section
38-45-30

Requirements for nonresident to be licensed as an insurance broker.

Section
38-45-35

Applicant's business and residence address required; notice of change of address required.

Section
38-45-40

Reciprocal agreements as to licensing nonresidents.

Section
38-45-50

Duration of broker's license; nonpayment of license fee.

Section
38-45-55

Revenue.

Section
38-45-60

Accounting of state portion of broker's premium tax rate payment collected; distribution from earmarked fund.

Section
38-45-70

Effect of broker's license; municipal license fees.

Section
38-45-80

Brokers to keep records of business done, furnish to director for inspection.

Section
38-45-90

Duties of brokers placing business with nonadmitted insurers; statements and reports; due diligence.

Section
38-45-100

Brokers may divide commissions.

Section
38-45-110

Warning stamped on policies of eligible surplus lines insurer.

Section
38-45-120

Personal liability of broker on policy of unlicensed insurer.

Section
38-45-130

Adjustment of losses; inspections and endorsements.

Section
38-45-140

Revocation of license of broker.

Section
38-45-150

Penalties.

Section
38-45-160

Brokers policy fees.

Section
38-45-170

Appointment of director as attorney for service of legal process, for eligible surplus lines insurers.

Section
38-45-180

Authority of department.

Section
38-45-190

Authority of director.

Section
38-45-195

Collecting taxes for all risks placed in surplus lines market.