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.
Section 27-2-27. – Appeal from revocation or suspension.
§ 27-2-27. Appeal from revocation or suspension. A company aggrieved by a revocation or suspension of its license may, within thirty (30) days from the effective date of the revocation or suspension, file a petition in the superior court for the county of Providence for a review of that action of the insurance commissioner. The […]
Section 27-2-28. – Determination of premium tax rate.
§ 27-2-28. Determination of premium tax rate. The department of business regulation may participate in proceedings under § 44-17-1(d) to implement guidelines, directives, criteria, and may promulgate additional resulting rules and regulations pursuant to chapter 35 of title 42 as are necessary to implement § 44-17-1(d). History of Section.P.L. 2016, ch. 538, § 3.
Section 27-2-22. – Companies owned or controlled in whole or in part by foreign state or government.
§ 27-2-22. Companies owned or controlled in whole or in part by foreign state or government. No license or certificate of authority to transact any kind of insurance business in this state shall be issued, renewed, or continued in effect to any domestic, foreign, or alien insurance company or other insurance entity which is owned […]
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 27-2-14. – 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), […]