Section 230-RICR-20-50-1.3 - DefinitionsA. As used in this Part: 1. "Approved surplus line insurer" means an insurer which has satisfied the Department's requirements, pursuant to R.I. Gen. Laws § 27-3-40, and has been placed by the Department on a list maintained by the Department of Surplus Line Insurers which may issue policies in Rhode Island.2. "Broker" means an individual who holds a valid and current Surplus Line Broker's license issued by the Department at the time the insurance is placed with an Approved Surplus Line Insurer.3. "Diligent effort" means submission of the risk(s) by the Broker, or a licensed Producer working with the Broker, to no fewer than three (3) Licensed Insurers.4. "Department" means the Department of Business Regulation, Division of Insurance.5. "Insurance producer" or "Producer" means an individual or entity licensed pursuant to R.I. Gen. Laws Chapter 27-2.4.6. "Licensed insurer" means an insurer who is licensed to issue insurance in Rhode Island pursuant to R.I. Gen. Laws Chapters 27-1 and 27-2.7. "Procurable" means that the insurance can be obtained from a Licensed Insurer.8. "Tax administrator" means the governmental official charged with collecting tax from licensed surplus line brokers and/or insurers.9. "Unauthorized insurer" means an insurer that is neither licensed to issue insurance in Rhode Island nor on the Department's list of Approved Surplus Line Insurers.230 R.I. Code R. 230-RICR-20-50-1.3