(1) Each surplus line broker must on or before the first day of March of each year file with the commissioner a verified statement of all surplus line insurance transacted by him or her during the preceding calendar year. (2) The statement must be in a form and format as prescribed by the commissioner and must show: (a) Aggregate of net premiums; and (b) Additional information as required by the commissioner. (3) This section does not apply to property and casualty insurance procured by the surplus line broker when the insured's home state is a state other than this state.
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