Question: Surplus lines intermediaries are NOT responsible for: A . Filing diligent search affidavits B . Collecting premium tax from the policyholder and remitting it to

Surplus lines intermediaries are NOT responsible for:
A. Filing diligent search affidavits
B. Collecting premium tax from the policyholder and remitting it to the state(s) to which the tax is owed
C. Maintaining documentation of the details of each surplus lines transaction
D. Conducting diligent search for insurance on the export list
Surplus lines intermediaries are NOT responsible

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

(Please help Me with all These!!) Ill make sure to give a thumbs upp!!! One function performed by surplus lines intermediaries that is not performed by retail agents is Select one: A. Filing diligent...

Q:

One function performed by surplus lines intermediaries that is not performed by retail agents is Select one: A. Filing diligent search affidavits. B. Maintaining documentation. C. Selling. D....

Q:

Surplus lines insurance is most often placed with a surplus lines insurer by Select one: A. Agents representing admitted insurers as exclusive agents. B. Underwriters from admitted insurers that are...

Q:

Question 1 ID# 5876308 Points: 1 Flag Question Question text Surplus lines insurance is most often placed with a surplus lines insurer by Select one: A. Agents representing admitted insurers as...

Q:

Does anyone know where this article come from? I wanna cite it as a resource!! Thanks! 41 Auditing Insurance Companies 41.1 OVERVIEW OF THE INDUSTRY (a) Structure of the Industry, (b) Reinsurance,...

Q:

Does anyone know where this article come from? I wanna cite it as a resource!! Thanks! 41 Auditing Insurance Companies 41.1 OVERVIEW OF THE INDUSTRY (a) Structure of the Industry, (b) Reinsurance,...

Q:

Does anyone know where this article come from? I wanna cite it as a resource!! Thanks! 41 Auditing Insurance Companies 41.1 OVERVIEW OF THE INDUSTRY (a) Structure of the Industry, (b) Reinsurance,...

Q:

1) A life insurance policy sold to each spouse, rather than a joint life policy, would have all EXCEPT: A: Coverage only for the first spouse to die B: Coverage for both spouses separately C: A...

Q:

Question 1 Morality is Select one: A. Universal and basic to human relationships. B. Established by the common law. C. The system that protects property and people. D. The application of ethics to...

Q:

Please I need help with the ratios mention bellow. Find necessary information the complete the assignment on the attachments, Which include PDF of the 10k. Thanks Calculate the following ratios for...

Q:

Which of the following will appear in the operating section of the statement of cash flows prepared using the indirect method? collections from customers payments to suppliers interest received...

Q:

Find the sum of (2x)/(x-1) and (x)/(x-1) Find the difference when (2x-8)/(x+6) is subtracted from (4x+1)/(x+6) Multiply : (y^(2)-y-2)/(5y) and (10y)/(y+1) Divide: (6)/(28x+4)+(6)/(35x+5)

Q:

What is corporate finance? how many types of corporate finance??

Q:

Discuss qualitative research designs in detail?