Sec. 21.27.670. Reinsurance intermediary broker qualifications.
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Sec. 21.27.670. Reinsurance intermediary broker qualifications.
In addition to the general qualifications under AS 21.27.020 , the director may require that a reinsurance intermediary broker maintain
(1)a bond in an amount acceptable to the director in favor of insurers and this state that requires the reinsurance intermediary broker to conduct business under this title; and
(2)an errors and omissions insurance policy acceptable to the director.