§ 27-76-1. Applicability. Except for the provisions of § 27-76-6, the provisions of this chapter shall be applicable only to personal lines residential property insurance on dwelling houses. History of Section.P.L. 2012, ch. 64, § 2; P.L. 2012, ch. 83, § 2; P.L. 2013, ch. 100, § 1; P.L. 2013, ch. 113, § 1.
§ 27-76-2. Hurricane deductibles, triggers and policyholder notice. (a) The provisions of this section shall be applicable to policies issuing or renewing on or after July 1, 2008. (b) In all instances where an insurance company licensed to do business in this state offers or includes any deductible and/or mitigation measure related to such deductible […]
§ 27-76-3. Residential property insurance hurricane deductible application. (a) For all deductibles as provided for in § 27-76-2, such deductible may only be applied once to all hurricane losses that are subject to the hurricane deductible during the calendar year. (b) If an insured incurs a hurricane loss from more than one hurricane during a […]
§ 27-76-4. Notice of property loss. No insurance policy or contract covering damages to personal lines residential property may be cancelled or nonrenewed, nor may the premium for such a policy be increased solely as a result of inquiries or claims made under the policy which resulted in no loss payout or resulted in a […]
§ 27-76-5. Hurricane mediation. The department of business regulation is hereby authorized to establish by regulation a non-adversarial non-binding alternative dispute resolution procedure for the effective, fair, and timely handling of personal lines insurance claims arising out of damages to residential property caused by hurricanes. The provisions of this section shall not apply to disputes […]
§ 27-76-6. State of emergency — Effect upon insurance policies — Rules. (a) The department of business regulation may promulgate regulations to take effect upon the declaration of a catastrophe, as declared by a nationally recognized catastrophe loss index provider, that address any of the following or other matters related to the catastrophe for insurance […]
§ 27-76-7. Use of prior claim experience of insured property. No insurer may refuse to insure, cancel, nonrenew or surcharge an insurance policy covering damages to personal lines residential property based solely upon prior claim experience for property damage claims at the insured property while under the ownership of someone other than the current insured […]
§ 27-76-8. Use of claim experience resulting from catastrophic events. No insurer may refuse to insure, cancel, nonrenew or surcharge a policy or contract covering damages to personal lines residential property solely as a result of damages sustained in a catastrophic event. History of Section.P.L. 2012, ch. 64, § 3; P.L. 2012, ch. 83, § […]
§ 27-76-9. Severability. If a court holds any section or portion of a section of this chapter or the applicability thereof to any person or circumstance invalid, the remainder of the chapter shall not be affected thereby. History of Section.P.L. 2012, ch. 64, § 2; P.L. 2012, ch. 83, § 2.
