2016 Tennessee Code
Title 56 - Insurance
Chapter 14 - Surplus Lines Insurance
§ 56-14-116. Keeping of records.

TN Code § 56-14-116 (2016) What's This?

(a) Each surplus lines agent shall keep in the agent's office in this state a full and true record of each surplus lines contract procured by the agent for or on behalf of an insured whose home state is the state of Tennessee, including a copy of the daily report, if any, and showing such of the following items as may be applicable:

(1) Amount of the insurance and perils insured against;

(2) Brief general description of property insured and where located;

(3) Gross premium charged;

(4) Return premium paid, if any;

(5) Rate of premium charged upon the several items of property;

(6) Effective date of the contract and its terms;

(7) Name and post office address of the insured;

(8) Name and home office address of the insurer;

(9) Amount collected from the insured; and

(10) Other information as required by the commissioner.

(b) The record shall at all times be open to examination by the commissioner without notice, and shall be kept available and open to the commissioner for three (3) years next following expiration or cancellation of the contract.

Disclaimer: These codes may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.