§ 27-54-1. Crimes by or affecting persons engaged in the business of insurance. (a) Any person who knowingly and with intent to deceive the director of business regulation (referred to in this section as “director”) about the financial condition of an insurance company, makes any false statement, representation or report to the director concerning an […]
§ 27-54-10. Limitation on actions. The statute of limitations for offenses under this chapter shall be ten (10) years. History of Section.P.L. 1994, ch. 86, § 1; G.L. 1956, § 27-54-9.
§ 27-54-11. Severability. If any provision of this chapter or the application of this chapter to any person or circumstances is held invalid or unconstitutional, the invalidity or unconstitutionality shall not affect other provisions or applications of this chapter which can be given effect without the invalid or unconstitutional provision or application, and to this […]
§ 27-54-2. Civil penalties. In addition to the criminal penalties set forth in § 27-54-1, the attorney general or the director or his or her designee may bring a civil action against any person who engages in conduct constituting an offense under this chapter and, upon proof of that conduct by a preponderance of the […]
§ 27-54-3. Investigations. (a) Pursuant to chapter 13.1 of this title, the director or the director’s designee may conduct investigations as he or she deems necessary in order to ascertain whether any person has violated or is violating any provision of this chapter. (b) Whenever the director or the director’s designee has reason to believe […]
§ 27-54-4. Duty to notify. (a) Whenever an officer or director of an insurance company knows that a material false statement or representation has been made to the director or the director’s designee, or that false testimony has been given, or that a material false entry has been made in the books of the insurance […]
§ 27-54-5. Disqualification of officer and directors. No person may serve as a director, officer or senior management official of an insurance company who has been convicted of a felony involving fraud, dishonesty, or a breach of trust. History of Section.P.L. 1994, ch. 86, § 1.
§ 27-54-6. Injunctions. If the attorney general or the director or his or her designee has reason to believe that a person is engaged in conduct prohibited by this chapter, he or she may petition an appropriate court for an order prohibiting that person from further engaging in that conduct. The filing of a petition […]
§ 27-54-7. Whistleblower protections. (a) Prohibition against discrimination. No person subject to the provisions of this chapter may discharge, demote, threaten or otherwise discriminate against any person or employee with respect to compensation, terms, conditions, or privileges of employment as a reprisal because the person or employee (or any person acting pursuant to the request […]
§ 27-54-8. Disclosure of arson conviction. (a) Every insurance provider doing business within this state shall require applicants for property insurance, real or personal, to disclose whether or not the applicant or applicants have been convicted of any degree of the crime of arson as described in chapter 4 of title 11 within ten (10) […]
§ 27-54-9. Other law enforcement authority, powers and duties not affected or impaired. This chapter shall not: (1) Preempt the authority or relieve the duty of other law enforcement agencies to investigate and prosecute suspected violations of the law. (2) Limit any of the powers granted elsewhere in this title or other laws granting authority […]
