Every insurer required to make the contribution shall:
(1) Keep records as may be necessary to determine the amount of its liability under this section;
(2) Preserve those records for a period of three (3) years following the date of filing of any return required by this section, or until any litigation or prosecution under this section is finally determined; and
(3) Make those records available for inspection by the secretary or the secretary’s authorized agents, upon demand, at reasonable times during regular business hours.