Section 417:30 – Insurer Antifraud Initiatives.
417:30 Insurer Antifraud Initiatives. – I. Except for insurance companies writing only credit, home warranty, travel, or title insurance, every insurance company licensed to write direct business in this state shall have antifraud initiatives reasonably calculated to detect, prosecute, and prevent fraudulent insurance acts, including a written antifraud plan. This plan shall be furnished […]
Section 417:15 – Failure to Obey Subpoena.
417:15 Failure to Obey Subpoena. – In case of refusal of any person to comply with any subpoena issued under this chapter or to testify to any matter to which such person may be lawfully interrogated, the superior court of Merrimack county or the county where said party resides on application of the commissioner […]
Section 417:16 – Immunity From Prosecution.
417:16 Immunity From Prosecution. – If any person shall ask to be excused from attending and testifying or from producing any books, papers, records, correspondence, or other documents at any hearing on the ground that the testimony or evidence required of such person may tend to be self-incriminating or subject such person to a […]
Section 417:17 – Prohibitions.
417:17 Prohibitions. – Any domestic insurance company may have as a director a person who is also a director of another insurance company, which may be a foreign or domestic company; provided, however, that if the effect is to substantially lessen competition generally in the insurance business or to tend to create a monopoly […]
Section 417:18 – Definitions.
417:18 Definitions. – As used in this subdivision the following words shall have the following meaning: I. "Insurance unfair trade practices law" and similar phrases means those practices prohibited by RSA 417. II. "Consumer" means any natural person who is offered or supplied goods or services for personal, family, or household purposes. III. "Supplier" […]
Section 417:19 – Action Against Supplier.
417:19 Action Against Supplier. – I. When a supplier, in any action or proceeding brought by the insurance commissioner, has been found to be in violation of this chapter or has been ordered to cease and desist, and said finding or order has become final, any consumer claiming to be adversely affected by the […]
Section 417:20 – Administration of Actions.
417:20 Administration of Actions. – I. Actions under this chapter shall be administered, so far as practicable, to avoid a multiplicity of actions seeking relief for or on behalf of the same consumers. II. Actions under this chapter shall be administered, so far as practicable, to facilitate voluntary settlements. III. Whenever a consumer shall […]
Section 417:11 – Appeal.
417:11 Appeal. – Any party to the proceedings aggrieved by any order or decision of the insurance commissioner pursuant to RSA 417:10 shall be entitled to an appeal to the supreme court in accordance with the provisions of RSA 541, except that in the case of a fine imposed by any order or decision, […]
Section 417:12 – Procedure as to Undefined Unfair Acts and Practices.
417:12 Procedure as to Undefined Unfair Acts and Practices. – I. Whenever the commissioner shall have reason to believe that any person engaged in the business of insurance is engaging in this state in any method of competition or in any act or practice in the conduct of such business which is not defined […]
Section 417:13 – Penalty.
417:13 Penalty. – If any person violates a cease and desist order issued by the commissioner pursuant to RSA 417:12, the commissioner may suspend, revoke, or refuse to renew the license of that person. The commissioner in the commissioner’s discretion, in addition to or in lieu of such suspension, revocation, or refusal to renew, […]