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Home » US Law » 2022 Rhode Island General Laws » Title 27 - Insurance » Chapter 27-2 - Foreign Insurance Companies

Section 27-2-1. – Compliance by foreign insurance companies required.

§ 27-2-1. Compliance by foreign insurance companies required. No insurance company, unless incorporated by the general assembly, shall make any insurance on property within this state or contract for insurance with any party resident in this state until the insurance company shall have complied with the provisions of this chapter. History of Section.G.L. 1896, ch. […]

Section 27-2-1.1. – Telephone number — Toll free or collect.

§ 27-2-1.1. Telephone number — Toll free or collect. Every insurer doing business within this state shall have a toll free telephone number or provide collect charge telephone service for use by the general public when calling the insurer from any location within the state. History of Section.P.L. 1987, ch. 229, § 2; P.L. 1993, […]

Section 27-2-10. – Filing of accident and health policy forms.

§ 27-2-10. Filing of accident and health policy forms. Any insurance company authorized to transact an accident and health insurance business within this state in accordance with the provisions of this chapter shall file all policy forms used by it with the insurance commissioner. The commissioner may also require any company to file the forms […]

Section 27-2-11. – License required — Expiration date.

§ 27-2-11. License required — Expiration date. No company shall transact any business of insurance in this state until it has obtained from the insurance commissioner of this state a license stating that it has complied with the laws of this state and specifying the kinds of business it is authorized to transact. The insurance […]

Section 27-2-12. – Review of refusal to issue or renew license.

§ 27-2-12. Review of refusal to issue or renew license. A company aggrieved by the refusal of the insurance commissioner to issue or renew a license may within ten (10) days from the date of the refusal file a petition in superior court for the county of Providence for a review of the action, which […]

Section 27-2-13. – Commissioner as attorney to receive process.

§ 27-2-13. Commissioner as attorney to receive process. No insurance company not incorporated under the authority of this state shall directly or indirectly issue policies, take risks, or transact business in this state until it has first appointed, in writing, the insurance commissioner of this state to be the true and lawful attorney of the […]

Section 27-2-14. – Forwarding of process by commissioner.

§ 27-2-14. Forwarding of process by commissioner. (a) Whenever lawful process against a foreign insurance company shall be served upon the insurance commissioner, the commissioner shall forward a copy of the process served on him or her, to the person appointed by the insurance company to accept service of process on behalf of the company. […]

Section 27-2-15. – Provisions against actions in state courts.

§ 27-2-15. Provisions against actions in state courts. If any foreign insurance company, of any name, kind, or description, authorized to do business in this state shall provide in its charter or bylaws, or in the policies or contracts of insurance issued by it, that no action shall be brought against the company in any […]

Section 27-2-16. – Filing fees — Certificates of compliance.

§ 27-2-16. Filing fees — Certificates of compliance. (a) Every insurance company not incorporated in this state applying for admission to transact business in the state shall pay to the insurance commissioner, for the use of the state, for filing a copy of its charter or deed of settlement, the sum of thirty dollars ($30.00), […]

Section 27-2-17. – Reciprocal fees and charges.

§ 27-2-17. Reciprocal fees and charges. (a) Whenever, by the laws of any other state of the United States, any fees, charges, taxes, deposits of money or of securities, or other obligations or prohibitions are imposed on insurance companies incorporated or organized under the laws of this state or on the insurance producers of the […]

Section 27-2-18. – Life insurance companies’ offices.

§ 27-2-18. Life insurance companies’ offices. Every life insurance company doing business in this state, and whose premium income received from the inhabitants of this state in any one year shall exceed twenty-five thousand dollars ($25,000), shall equip and maintain an office in this state, satisfactory to the insurance commissioner, for the transaction of business […]

Section 27-2-19. – Inquiries as to financial condition.

§ 27-2-19. Inquiries as to financial condition. The insurance commissioner may inquire of any life, fire, marine, or fire and marine, or other insurance company, of any name or kind, doing business in this state, or of its secretary, in relation to its financial condition and management, and the inquiry shall be promptly answered. History […]

Section 27-2-2. – Applicability.

§ 27-2-2. Applicability. The general provisions of law relating to the duties, obligations, prohibitions, or penalties which appertain to insurance companies not incorporated under the authority of this state, and defining the powers and duties of the insurance commissioner in reference to those companies, shall be and are applicable to all corporations, companies, and associations […]

Section 27-2-21. – Report and prosecution of violations.

§ 27-2-21. Report and prosecution of violations. The insurance commissioner shall report to the attorney general any violation of the provisions of this chapter that shall come to his or her knowledge. The attorney general shall institute the proper legal proceedings, in the name of the state, against any person violating any provision. History of […]

Section 27-2-23. – Discrimination in rates prohibited.

§ 27-2-23. Discrimination in rates prohibited. (a) No foreign insurance company licensed to do or doing business in this state shall make any distinction or discrimination as to the premiums or rates charged for policies of casualty, fire, home owners, accident and health, or marine insurance, nor shall any company make or permit the rejection […]

Section 27-2-24. – Revocation or suspension of license of foreign company.

§ 27-2-24. Revocation or suspension of license of foreign company. Whenever it appears to the insurance commissioner from the statements, or from an examination of the affairs, of any life, fire, marine, fire and marine, casualty, or other insurance company not incorporated under the authority of this state, that the company is insolvent, or is […]

Section 27-2-25. – Notice of revocation or suspension of license.

§ 27-2-25. Notice of revocation or suspension of license. The insurance commissioner shall give written notice to the company specifying the date on which any revocation or suspension shall be effective, the term of any suspension, and the ground for the revocation or suspension; provided, that if the ground for revocation or suspension is that […]

Section 27-2-26. – Business prohibited during suspension or revocation.

§ 27-2-26. Business prohibited during suspension or revocation. Any insurance company or its insurance producers shall not make any contracts or issue any policies of insurance in the state after its revocation or suspension is effective or until its license is restored by the insurance commissioner. History of Section.P.L. 1992, ch. 445, § 3.