PocketLaw | Rhode Island General Laws | Foreign Insurance Companies

Foreign Insurance Companies

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Compliance by foreign insurance companies required.

Section
27-2-1.1

Telephone number - Toll free or collect.

Applicability.

Reciprocal privileges of nonresident insurance producers.

Penalty for unlawful business.

Minimum capital and surplus requirements - Maximum amount of single risk.

Certificate of deposit for benefit of policyholders.

Section
27-2-6.1

Special deposit for benefit of policyholders.

Charter to be filed.

Statement as to type of company, investments, and risks.

Statement as to capital, assets, and investments.

Section
27-2-10

Filing of accident and health policy forms.

Section
27-2-11

License required - Expiration date.

Section
27-2-12

Review of refusal to issue or renew license.

Section
27-2-13

Commissioner as attorney to receive process.

Section
27-2-14

Forwarding of process by commissioner.

Section
27-2-15

Provisions against actions in state courts.

Section
27-2-16

Filing fees - Certificates of compliance.

Section
27-2-17

Reciprocal fees and charges.

Section
27-2-18

Life insurance companies' offices.

Section
27-2-19

Inquiries as to financial condition.

Section
27-2-20

Validity of contracts of non-complying companies - Penalty on insurance producers - Actions by company.

Section
27-2-21

Report and prosecution of violations.

Section
27-2-22

Companies owned or controlled in whole or in part by foreign state or government.

Section
27-2-23

Discrimination in rates prohibited.

Section
27-2-24

Revocation or suspension of license of foreign company.

Section
27-2-25

Notice of revocation or suspension of license.

Section
27-2-26

Business prohibited during suspension or revocation.

Section
27-2-27

Appeal from revocation or suspension.

Section
27-2-28

Determination of premium tax rate.