§ 9108. Fire insurance fee.
(a)Every insurance company authorized to\ndo business in this state shall collect, in addition to the applicable\npremium charge, a fire insurance fee, separately identified and charged\nto each policyholder, from each such holder of a policy issued in the\nstate or for delivery in the state for coverage of peril of fire,\nexcluding a policy for protection of household furnishings and/or\npolicies issued to protect one or two-family residential structures,\nschools, churches and hospitals.\n (b) (1) The fee is hereby imposed at the rate of one and one-quarter\nper centum on the gross direct premium written on property or risks\nlocated in this state, provided, however, no fee shall be imposed on a\npolicy to insure against peril of inland marine, ocean marin
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§ 9108. Fire insurance fee. (a) Every insurance company authorized to\ndo business in this state shall collect, in addition to the applicable\npremium charge, a fire insurance fee, separately identified and charged\nto each policyholder, from each such holder of a policy issued in the\nstate or for delivery in the state for coverage of peril of fire,\nexcluding a policy for protection of household furnishings and/or\npolicies issued to protect one or two-family residential structures,\nschools, churches and hospitals.\n (b) (1) The fee is hereby imposed at the rate of one and one-quarter\nper centum on the gross direct premium written on property or risks\nlocated in this state, provided, however, no fee shall be imposed on a\npolicy to insure against peril of inland marine, ocean marine,\nautomobile, or aircraft physical damage. Such fees shall be paid\nquarterly by insurance companies to the superintendent, after deducting\nfrom such gross premiums, (i) premiums upon policies not taken and (ii)\npremiums returned on cancelled policies, as follows: April fifteenth,\nJuly fifteenth, October fifteenth, and January fifteenth to reflect the\nnet collections for the quarters ending March thirty-first, June\nthirtieth, September thirtieth, and December thirty-first, respectively.\n (2) On or before the fifteenth day of February of each year, every\ninsurance company required to collect the fee imposed by this section\nshall file with said superintendent an annual statement in a manner the\nsuperintendent shall prescribe, which statement shall show the aggregate\namount of gross premiums and premium deposits and assessments collected\nduring the immediately preceding year for insurance against loss or\ninjury and the several items of deduction referred to under items (i)\nand (ii) of paragraph one of this subsection.\n (c) In case any such company shall neglect or refuse to make and file\nsuch statement or pay over moneys collected from the fee imposed by this\nsection, the provisions of section nine thousand one hundred nine of\nthis article shall apply.\n (d) All moneys received by the superintendent shall be paid into the\ncode enforcement account by the tenth day of the month following receipt\nof such moneys.\n (e) The fees imposed by this section shall be applicable to said\npolicies issued or renewed on or after July first, nineteen hundred\neighty-two.\n