Section 27-6-52. – Severability.
§ 27-6-52. Severability. If any section, subsection, subdivision, paragraph, sentence, or clause of this chapter is held invalid or unconstitutional, that decision shall not affect the remaining portions of this chapter. History of Section.P.L. 1948, ch. 2088, § 18; G.L. 1956, § 27-6-52.
Section 27-6-53. – Use of credit rating.
§ 27-6-53. Use of credit rating. (a) An insurer may use insurance scoring for rating and underwriting of homeowners’ insurance only under the following conditions: (1) The insurer demonstrates the predictive nature of their insurance score to the insurance division. (2) An insurer shall, once every two (2) years if requested by an existing customer, […]
Section 27-6-42. – Interchange of rating plan data.
§ 27-6-42. Interchange of rating plan data. Reasonable rules and plans may be promulgated by the commissioner for the interchange of data necessary for the application of rating plans. History of Section.P.L. 1948, ch. 2088, § 12; G.L. 1956, § 27-6-42.
Section 27-6-43. – Cooperation with other states.
§ 27-6-43. Cooperation with other states. In order to further uniform administration of rate regulatory laws, the commissioner and every insurer and rating organization may exchange information and experience data with insurance supervisory officials, insurers, and rating organizations in other states and may consult with them with respect to rate making and the application of […]
Section 27-6-44. – Rules and regulations.
§ 27-6-44. Rules and regulations. The commissioner may make reasonable rules and regulations necessary to effect the purposes of this chapter. History of Section.P.L. 1948, ch. 2088, § 12; G.L. 1956, § 27-6-44.
Section 27-6-45. – False or misleading information.
§ 27-6-45. False or misleading information. No person or organization shall willfully withhold information from, or knowingly give false or misleading information to, the commissioner, any statistical agency designated by the commissioner, any rating organization, or any insurer, which will affect the rates or premiums chargeable under this chapter. A violation of this section shall […]
Section 27-6-46. – [Repealed.]
§ 27-6-46. [Repealed.] History of Section.P.L. 1948, ch. 2088, § 14; G.L. 1956, § 27-6-46; repealed by P.L. 2022, ch. 404, § 10, effective June 30, 2022; repealed by P.L. 2022, ch. 405, § 10, effective June 30, 2022.
Section 27-6-47. – Penalty for violations.
§ 27-6-47. Penalty for violations. Any person or organization willfully violating any provision of this chapter shall, upon conviction, be fined not less than one hundred dollars ($100) and not more than five hundred dollars ($500) for each violation. That penalty may be in addition to any other penalty provided by law. History of Section.P.L. […]
Section 27-6-48. – Suspension or revocation of licenses.
§ 27-6-48. Suspension or revocation of licenses. (a) The commissioner may suspend the license of any rating organization or insurer which fails to comply with an order of the commissioner within the time limited by the order, or any extension which the commissioner may grant. The commissioner shall not suspend the license of any rating […]
Section 27-6-49. – Hearings on decisions of commissioner.
§ 27-6-49. Hearings on decisions of commissioner. Any insurer or rating organization aggrieved by any order or decision of the commissioner or by any rule or regulation adopted and promulgated by the commissioner may within thirty (30) days after notice to the insurer or organization make a written request to the commissioner for a hearing, […]