Section 401-B:13 – Recovery.
401-B:13 Recovery. – I. If an order for liquidation or rehabilitation of a domestic insurer has been entered, the receiver appointed under the order shall have a right to recover on behalf of the insurer: (a) From any parent corporation or holding company or person or affiliate who otherwise controlled the insurer, the amount […]
Section 401-B:14 – Revocation, Suspension, or Nonrenewal of Insurer’s License.
401-B:14 Revocation, Suspension, or Nonrenewal of Insurer’s License. – Whenever it appears to the commissioner that any person has committed a violation of this chapter which makes the continued operation of an insurer contrary to the interests of policyholders or the public, the commissioner may, after giving notice and opportunity to be heard, suspend, […]
Section 401-B:15 – Appeal.
401-B:15 Appeal. – I. Judicial Review, Mandamus. Any person aggrieved by any act, determination, rule, regulation, or order of any other action of the commissioner pursuant to this chapter may appeal in accordance with RSA 541. The court shall conduct its review without a jury and by trial de novo, except that if all […]
Section 401-B:16 – Time Limits for Agency Action.
401-B:16 Time Limits for Agency Action. – The time limits specified in this chapter for the commissioner to act on any holding company application, petition, or request and the provisions in this chapter under which an application, petition, or request may or may not be deemed to be approved when the commissioner does not […]
Section 401-B:4 – Registration of Insurers.
401-B:4 Registration of Insurers. – I. Registration. (a) Every insurer which is authorized to do business in this state and which is a member of an insurance holding company system shall register with the commissioner, except a foreign insurer subject to registration requirements and standards adopted by statute or rule in the jurisdiction of […]
Section 401-B:5 – Standards and Management of an Insurer Within a Holding Company System.
401-B:5 Standards and Management of an Insurer Within a Holding Company System. – I. Transactions Within an Insurance Holding Company System. (a) Transactions within an insurance holding company system to which an insurer subject to registration is a party shall be subject to the following standards: (1) The terms shall be fair and reasonable. […]
Section 401-B:6 – Examination.
401-B:6 Examination. – I. Power of Commissioner. Subject to the limitation contained in this section and in addition to the powers which the commissioner has under Title XXXVII relating to the examination of insurers, the commissioner shall have the power to examine any insurer registered under RSA 401-B:4 and its affiliates to ascertain the […]
Section 401-B:7 – Supervisory Colleges.
401-B:7 Supervisory Colleges. – I. Power of Commissioner. With respect to any insurer registered under RSA 401-B:4, and in accordance with paragraph III, the commissioner shall also have the power to participate in a supervisory college for any domestic insurer that is part of an insurance holding company system with international operations in order […]
Section 401-B:7-a – Group-wide Supervision of Internationally Active Insurance Groups.
401-B:7-a Group-wide Supervision of Internationally Active Insurance Groups. – I. The commissioner is authorized to act as the group-wide supervisor for any internationally active insurance group in accordance with the provisions of this section. However, the commissioner may otherwise acknowledge another regulatory official as the group-wide supervisor where the internationally active insurance group: (a) […]
Section 401-B:8 – Confidential Treatment.
401-B:8 Confidential Treatment. – I. Documents, materials, or other information in the possession or control of the insurance department that are obtained by or disclosed to the commissioner or any other person in the course of an examination or investigation made pursuant to RSA 401-B:6 and all information reported pursuant to RSA 401-B:3, II(l) […]