A premium finance company may, upon agreement with the insured, extend the scheduled due date or defer the scheduled payment of all or any part of any installment or installments payable thereunder. The agreement for such extension or deferment must be in writing and signed by the parties. The premium finance company may charge and […]
When a premium finance agreement contains a power of attorney or other authority enabling the premium finance company to cancel any insurance contract listed in the agreement, the insurance contract shall not be cancelled unless cancellation is in accordance with the following provisions: (1) Not less than 15 days written notice shall be mailed to […]
The Commissioner shall collect in advance the following fees: (1) Annual license (A) Issuance $250.00 (B) Renewal 200.00 (2) Investigation of Applicant 100.00 (3) Filing of Annual Report 25.00 (4) Filing of Forms 25.00
