Section 1763.2 Of Chapter 6. Surplus Line Brokers From California Insurance Code >> Division 1. >> Part 2. >> Chapter 6.
1763.2
. (a) A licensed surplus line broker may originate surplus
lines business, or may accept that business from any other
originating licensee duly licensed for the type or types of insurance
involved, and may compensate those licensees therefor.
(b) For any information involved in any insurance transaction
described in subdivision (a), or involved in the eligibility of the
risk for placement with a surplus line broker, the originating
licensee shall use due care and diligence in the collection,
preparation, and transmission of the information to the surplus line
broker.