Licensing Requirements: Surplus lines brokers are required to be licensed under New Hampshire law. N.H. Rev. Stat. Ann. § 402-J:7-J:8; 405:34. Surplus lines authority is a line of authority under
Does the state impose a fiduciary obligation on producers with respect to the handling of client funds (e.g. funds, monies, premiums and return premiums)? Yes. Any money received by an agent
May producers both charge a fee and collect a commission in connection with transactions and services provided to a particular client? Producers may charge fees in lieu of receiving commissions
A fee unrelated to insurance transactions may be charged only under the terms of a written agreement signed by the customer, specifying the services to be provided and the fee
What entities are covered? “Any person* doing business in [New Hampshire] who owns or licenses computerized data that includes personal information.” § 359-C:20(I)(a). “‘Person’ means an individual, corporation, trust, partnership,
