355(1)Where sufficient insurance on property in the Province at reasonable rates of insurance in the form required by the insured cannot be obtained by the insured from insurers licensed to do business in the Province, a special insurance broker, duly licensed, may effect insurance with unlicensed insurers, but shall in the case of every contract so effected obtain from the insured a signed and dated statement describing the property insured, its location and the amount of insurance required, and stating that the insurance cannot be obtained in licensed companies at reasonable rates and that the application for such insurance at the stated rate of premium was previously made to and refused by named companies licensed in the Province.