Section 27-76-3. – Residential property insurance hurricane deductible application.
§ 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 […]
Section 27-74-9. – Provider agreements — Provider listing requirements.
§ 27-74-9. Provider agreements — Provider listing requirements. (a) A discount medical plan organization shall have a written provider agreement with all providers offering medical or ancillary services to its members. The written provider agreement may be entered into directly with the provider or indirectly with a provider network to which the provider belongs. (b) […]
Section 27-76-4. – Notice of property loss.
§ 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 […]
Section 27-74-10. – Marketing requirements.
§ 27-74-10. Marketing requirements. (a) A discount medical plan organization may market directly or contract with other marketers for the distribution of its product. (b) The discount medical plan organization shall have an executed written agreement with a marketer prior to the marketer’s marketing, promoting, selling or distributing the discount medical plan. The agreement between […]
Section 27-76-5. – Hurricane mediation.
§ 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 […]
Section 27-74-11. – Marketing restrictions and disclosure requirements.
§ 27-74-11. Marketing restrictions and disclosure requirements. (a) All advertisements, marketing materials, brochures, discount medical plan cards and any other communications of a discount medical plan organization provided to prospective members and members shall be truthful and not misleading in fact or in implication. An advertisement, any marketing material, brochure, discount medical plan card or […]
Section 27-76-6. – State of emergency — Effect upon insurance policies — Rules.
§ 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 […]
Section 27-74-12. – Notice of change in name or address.
§ 27-74-12. Notice of change in name or address. Each discount medical plan organization shall provide the commissioner at least thirty (30) days’ advance notice of any change in the discount medical plan organization’s name, address, principal business address or mailing address or Internet website address. History of Section.P.L. 2010, ch. 156, § 1; P.L. […]
Section 27-76-7. – Use of prior claim experience of insured property.
§ 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 […]
Section 27-74-13. – Annual reports.
§ 27-74-13. Annual reports. (a) If the information required in subsection (b) of this section is not provided at the time of renewal of a certificate of registration under § 27-74-5, a discount medical plan organization shall file an annual report with the commissioner in the form prescribed by the commissioner, within three (3) months […]