The license fee imposed upon each insurance company shall be 9% of the premiums actually collected within each calendar quarter by reason of the issuance or renewal of its policies within the corporate limits of the city on those classes of business which such company is authorized to transact, less all premiums returned to policyholders; however, any license fee or tax imposed upon premium receipts shall not include premiums received for insuring employers against liability for personal injuries to their employees, or death caused thereby, under the provisions of the worker's compensation acts and shall not include premiums received on the policies of group health insurance.
(Ord. 2, Series 2015, passed 3-16-2015)