§ 42-14-1. Establishment — Head of department. There shall be a department of business regulation. The head of the department shall be the director of business regulation who, except as otherwise provided by this title, shall carry out this chapter and perform the duties required by any and all other provisions of the general laws […]
§ 42-14-10. Actuary. The administrator of banking and insurance may appoint an actuary to assist him or her in the performance of his or her duties, including, but not limited to, evaluating fire, casualty and other insurance rates. The actuary shall serve under the direction of the administrator and shall be removable at the pleasure […]
§ 42-14-11. Subpoena power — False swearing. (a) In connection with any matters having to do with the discharge of his or her duties pursuant to this chapter, the director, or his or her designee, in all cases of every nature pending before him or her, is hereby authorized and empowered to summon witnesses to […]
§ 42-14-12. Sales of businesses. Any person, firm, or corporation acting as a broker for the sale of an existing business or the transfer of all or a substantial part of the materials, supplies, merchandise, or other inventory of an existing business or for the making of a bulk transfer under chapter 6 of title […]
§ 42-14-13. Transfer of powers and functions from department of business regulation. There are hereby transferred to the department of administration: (a) Those functions of the department of business regulation which were administered through or with respect to departmental programs in the performance of strategic planning as defined in § 42-11-10(c); (b) All officers, employees, […]
§ 42-14-14. License applications — Investigation. After receipt of any application for a license, permit, and/or registration that is subject to the jurisdiction of the department of business regulation, the director of business regulation or his or her designee shall conduct an investigation to determine whether the facts set forth in the application are true […]
§ 42-14-15. Repealed.
§ 42-14-16. Insurance — Administrative penalties. (a) Whenever the director, or his or her designee, shall have cause to believe that a violation of title 27 and/or chapter 14, 14.5, 62, or 128.1 of title 42 or the regulations promulgated thereunder has occurred by a licensee, or any person or entity conducting any activities requiring […]
§ 42-14-16.1. Order to cease and desist. (a) If the director, or his or her designee, has reason to believe that any person, firm, corporation, or association is conducting any activities requiring licensure under title 27 or any other provisions of the general laws or public laws within the jurisdiction of the department without obtaining […]
§ 42-14-17. Rules and regulations. The director of the department of business regulation may promulgate such rules and regulations as are necessary and proper to carry out the duties assigned to him or her by this title or any other provision of law. History of Section.P.L. 1992, ch. 445, § 6.
§ 42-14-18. Form and rate filing fees. The following fees shall be charged for the services of the division of insurance in reviewing policy or certificate forms, as those terms are defined in § 27-29-2(8), and related forms and rates that are required by law to be submitted by insurers, as that term is defined […]
§ 42-14-19. Cost of legal fees. The director is hereby authorized and may in his or her discretion recover the reasonable cost of legal services provided by in-house attorneys of the office of legal counsel of the department of business regulation and incurred by the department of business regulation in matters pertaining to rate filings […]
§ 42-14-2. Functions of department. (a) It shall be the function of the department of business regulation to license, regulate and control all areas as required by this chapter and any and all other provisions of the general laws and public laws. (b) Whenever any hearing is required or permitted to be held pursuant to […]
§ 42-14-2.1. Reporting by certain insurers — Settlements. (a) Every insurer or entity exempt pursuant to section 2.6 of chapter 16 of title 27 or entity permissibly self-insured pursuant to subsection 2 of chapter 14.1 of title 42 providing professional liability insurance to licensed healthcare professionals or licensed healthcare facilities shall send a complete report […]
§ 42-14-2.2. Reporting — Court judgments against licensed physicians, dentists, or dental hygienists. Within ten (10) days after a judgment by a court of this state that a licensed physician, dentist, or dental hygienist has committed a crime or is civilly liable for any death or personal injury caused by his or her negligence, error […]
§ 42-14-2.3. Minimum policy provisions. The commissioner of insurance shall promulgate, on or before January 1, 1987, rules and regulations establishing the minimum provisions which all professional liability insurance policies for licensed health care providers, dentists, or dental hygienists must contain. The commissioner shall establish a “merit rating plan” which shall be based in part […]
§ 42-14-2.4. Repealed.
§ 42-14-3. Repealed.
§ 42-14-4. Financial services division. Within the department of business regulation there shall be a division of financial services that oversees the regulation and control of banking and insurance and such other matters within the jurisdiction of the department as determined by the director. The division shall have offices which shall be assigned to it […]
§ 42-14-5. Superintendents of banking and insurance. (a) The superintendents of banking and insurance shall administer the functions of the department relating to the regulation and control of banking and insurance. (b) Wherever the words “banking administrator” or “banking commissioner” or “insurance administrator” or “insurance commissioner” occur in this chapter or any general law, public […]
