405-A:1 Definitions. – In this chapter: I. "Commissioner" means the insurance commissioner of New Hampshire or the commissioner, director or superintendent of insurance in any other state. II. "Completed operations liability" means liability arising out of the installation, maintenance, or repair of any product at a site which is not owned or controlled by: […]
405-A:10 Administrative and Procedural Authority Regarding Risk Retention Groups and Purchasing Groups. – The commissioner is authorized to make use of any of the powers established under the insurance laws of this state to enforce the laws of this state with regard to risk retention groups and purchasing groups so long as those powers […]
405-A:11 Duty of Agents or Brokers to Obtain License. – I. Risk Retention Groups. No person, firm, association or corporation shall act or aid in any manner in soliciting, negotiating or procuring liability insurance in this state from a risk retention group unless such person, firm, association or corporation is licensed as an insurance […]
405-A:12 Binding Effect of Orders Issued in United States District Court. – An order issued by any district court of the United States enjoining a risk retention group from soliciting or selling insurance, or operating in any state (or in all states or in any territory or possession of the United States) upon a […]
405-A:13 Rules. – The commissioner may adopt, pursuant to RSA 541-A, such rules relating to risk retention groups or purchasing groups, as may be necessary or desirable to carry out the provisions of this chapter. Source. 1988, 133:2, eff. April 20, 1988.
405-A:2 Risk Retention Groups Chartered in This State. – I. A risk retention group shall, pursuant to the provisions of title XXXVII, be chartered and licensed to write only liability insurance pursuant to this chapter, and, except as provided elsewhere in this chapter, shall comply with all of the laws, rules, regulations and requirements […]
405-A:3 Risk Retention Groups Not Chartered in This State. – Risk retention groups chartered and licensed in states other than this state and seeking to do business as a risk retention group in this state shall comply with the laws of this state as follows: I. Notice of Operations and Designation of Commissioner as […]
405-A:4 Compulsory Associations. – I. No risk retention group shall be required or permitted to join or contribute financially to any insurance insolvency guaranty fund, or similar mechanism, in this state, nor shall any risk retention group, or its insureds or claimants against its insureds, receive any benefit from any such fund for claims […]
405-A:5 Repealed by 2010, 212:14, eff. Jan. 1, 2011. –
405-A:6 Purchasing Groups; Exemption From Certain Laws. – A purchasing group and its insurer or insurers shall be subject to all applicable laws of this state, except that a purchasing group and its insurer or insurers shall be exempt, in regard to liability insurance for the purchasing group, from any law that would: I. […]
405-A:7 Notice and Registration Requirements of Purchasing Groups. – I. A purchasing group which intends to do business in this state shall, prior to doing business, furnish notice to the commissioner which shall: (a) identify the state in which the group is domiciled; (b) identify all other states in which the group intends to […]
405-A:8 Restrictions on Insurance Purchased by Purchasing Groups. – I. A purchasing group may not purchase insurance on behalf of its New Hampshire members from a risk retention group that is not chartered in a state or from an insurer not admitted in this state, unless the purchase is effected through a licensed agent […]
405-A:9 Purchasing Group Taxation. – Premium taxes and taxes on premiums paid for coverage of risks resident or located in this state by a purchasing group or any members of the purchasing groups shall be: I. Imposed at the same rate and subject to the same interest, fines and penalties as are applicable to […]
