Chapter

Insurance Brokers and Surplus Lines Insurance

S.C. Code Ann. § 38-45-10— Definitions
S.C. Code Ann. § 38-45-20— Requirements for resident to be licensed as an insurance broker
S.C. Code Ann. § 38-45-30— Requirements for nonresident to be licensed as an insurance broker
S.C. Code Ann. § 38-45-35— Applicant's business and residence address required; notice of change of address required
S.C. Code Ann. § 38-45-40— Reciprocal agreements as to licensing nonresidents
S.C. Code Ann. § 38-45-50— Duration of broker's license; nonpayment of license fee
S.C. Code Ann. § 38-45-55— Revenue
S.C. Code Ann. § 38-45-60— Accounting of state portion of broker's premium tax rate payment collected; distribution from earmarked fund
S.C. Code Ann. § 38-45-70— Effect of broker's license; municipal license fees
S.C. Code Ann. § 38-45-80— Brokers to keep records of business done, furnish to director for inspection
S.C. Code Ann. § 38-45-90— Duties of brokers placing business with nonadmitted insurers; statements and reports; due diligence
S.C. Code Ann. § 38-45-100— Brokers may divide commissions
S.C. Code Ann. § 38-45-110— Warning stamped on policies of eligible surplus lines insurer
S.C. Code Ann. § 38-45-120— Personal liability of broker on policy of unlicensed insurer
S.C. Code Ann. § 38-45-130— Adjustment of losses; inspections and endorsements
S.C. Code Ann. § 38-45-140— Revocation of license of broker
S.C. Code Ann. § 38-45-150— Penalties
S.C. Code Ann. § 38-45-160— Brokers policy fees
S.C. Code Ann. § 38-45-170— Appointment of director as attorney for service of legal process, for eligible surplus lines insurers
S.C. Code Ann. § 38-45-180— Authority of department
S.C. Code Ann. § 38-45-190— Authority of director
S.C. Code Ann. § 38-45-195— Collecting taxes for all risks placed in surplus lines market