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May producers charge insureds fees over and above gross premiums charged by carriers on the policies delivered to the insureds?

April 26, 2017carriers charge charged delivered fees gross insureds policies premiums PRODUCERS

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May producers charge insureds fees over and above gross premiums charged by carriers on the policies delivered to the insureds?

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A. In general, Ark. Code Ann. § 23-66-310 allows a producer to charge a fee in excess of the premiums as long as: a. The fee is separately disclosed on the insured’s bill; and b. The fee does not exceed 20% of the premium.