New Hampshire Administrative Code

(a) "Account" means the aggregate credit life insurance or credit accident and health insurance coverage for a single plan of benefits and for a single class of business written through a single creditor. (b) "Actual premium rate (APR)" means, with respect to each class of busine…

(a) Limits on the amounts of credit life insurance and credit accident and health insurance permitted by statute shall be as stated in RSA 408-A:4. (b) If a creditor makes available to the debtors more than one plan of credit life insurance or more than one plan of credit acciden…

(a) In the event of termination of the insurance prior to the scheduled maturity date of the indebtedness, other than as a result of the death of the insured, a refund of the unearned insurance premium or charge without any deduction whatsoever shall be made or credited promptly …

(a) Credit life and credit accident and health insurance shall be issued only in forms described in RSA 408-A:3. (b) All policy forms, certificates of insurance, notices of proposed insurance, applications for insurance, endorsements, and riders to be delivered or issued for deli…

(a) Under RSA 408-A, premiums charged for credit insurance shall not be excessive in relation to benefits provided. This requirement shall be deemed to be satisfied if the premium rates to be charged are no greater than the rates specified in Ins 1201.18 and where the benefits pr…

(a) The premium rates in (b) below shall be used to determine the single lives credit life insurance earned premiums at the nominal rate level which are to be reported by each insurer pursuant to Ins 1201.11. (b) Where the insured portion of an indebtedness is repayable in equal …

(a) The premium rates in (b) below shall be used to determine the single lives credit accident and health insurance earned premiums at the nominal rate level which are to be reported by each insurer pursuant to Ins 1201.11. (b) The nominal credit accident and health insurance pre…

(a) The actual premium rates applicable upon the effective date of this part shall be those shown in Ins 1201.19. Unless a rate deviation has been granted, beginning on the effective date of this part, it shall be unlawful for any insurer to issue any new business with premium ra…

(a) On or before June 1 of each year, each insurer doing credit insurance business in this state during any part of the just completed experience period shall submit its annual experience report. (b) The reports required by this section shall be submitted on either Form A or Form…

(a) The annual experience report required by Ins 1201.11 above and designated as Form A shall contain the following:(1) Identification of the class of business reported; (2) Identification of the plans of benefits offered; (3) Credibility data for the 3 year experience period rep…

(a) If an insurer desires to use a premium rate or schedule of premium rates that is higher than the actual premium rates established by this part and which are shown in Ins 1201.18, an insurer may at any time file a request for a rate deviation with the commissioner. (b) Eligibi…

(a) Each insurer transacting credit insurance in this state shall conduct a thorough inspection of each creditor with respect to the first year of credit insurance business with such creditor and as often thereafter as is necessary to assure compliance with the insurance laws of …

(a) The following practices, when engaged in by insurers in connection with the sale or placement of credit insurance, or as an inducement thereto, shall constitute unfair methods of competition and shall be subject to the Unfair Trade Practices Act, RSA 417: (1) Agreement by an …

(a) The procedures in this section shall govern the sale of credit insurance sold in connection with open-end credit transactions, which are sometimes called revolving charge accounts and similar names. Where not inconsistent, other sections of this part shall also apply to this …

Failure to include any statutory provision in this part shall not be construed as a waiver of such provision by the commissioner. Notes N.H. Admin. Code § Ins 1201.17 #4287, eff 7-1-87; amd by #4369, eff 3-1-88; amd by #5116, eff 7-1-91; ss by #5650, eff 7-1-93, EXPIRED 7-1-99 Ne…

(a) The actual premium rates, as defined in Ins 1201.03(b), established by this part for credit unions, commercial and savings banks, finance companies, motor vehicle dealers, and other sales finance shall be as set forth in the following table 1200-2: Table 1200-2 Actual Premium…

(a) The commissioner, upon the commissioner's own initiative or upon request by an insurer, shall waive any requirement of this part if such waiver does not contradict the objective or intent of the rule and: (1) Applying the rule provision would cause confusion, or would be misl…

(a) The purpose of this rule is to provide criteria and requirements for continuing education. (b) This rule shall apply to all:(1) Resident producers; (2) Resident adjusters; and (3) Adjusters who chose New Hampshire as their designated home state as these adjusters shall be con…

(a) "Adjuster" means: (1) A public adjuster licensed by the department pursuant to RSA 402-D; and (2) An insurance claims adjuster licensed by the department pursuant to RSA 402-B. (b) "Commissioner" means the insurance commissioner of the state of New Hampshire. (c) "Department"…

The purpose of this part is to establish requirements and standards for continuing education programs for a person licensed as a: (a) Resident producer; (b) Public adjuster; and (c) Insurance claims adjuster. Notes N.H. Admin. Code § Ins 1302.01 (See Revision Note at chapter head…

(a) This part shall apply to producers licensed in the following line(s) of insurance: (1) Life insurance, including annuities; (2) Variable contracts, including annuities; (3) Sickness, accident and health insurance; and (4) All lines of property and casualty insurance. (b) This…

(a) Every resident producer seeking renewal of a license shall have satisfactorily completed courses or programs of instruction or attended seminars during the preceding 24 months, no later than 60 days prior to the required renewal date, equivalent to 24 continuing education hou…

(a) Every insurance claims adjuster seeking renewal of a license shall, during the preceding 24 months, satisfactorily complete courses or programs of instruction or attend seminars equivalent to 24 continuing education hours of instruction, including a minimum of 3 hours of ethi…

Any person failing to meet the requirements imposed by this rule and who has not been granted an extension of time within which to comply pursuant to Ins 1305 hereof shall be subject to the provisions of RSA 400-A:15 and Ins 200, as applicable, and no further license shall be iss…

(a) The purpose of this part is to establish criteria and membership for the continuing education advisory councils, continuing education courses, and course approvals. (b) This part shall be applicable to the:(1) Continuing education advisory councils; (2) Course sponsoring orga…

(a) There shall be hereby established 2 continuing education advisory councils, as follows: (1) One continuing education advisory council shall be for producers. This council shall be known as the "producers' council"; and (2) The second continuing education advisory council shal…

(a) The continuing education advisory councils shall review and evaluate courses submitted for continuing education credit hours and recommend to the commissioner an appropriate number of continuing education hours for each course submitted. The commissioner shall then assign to …

(a) The sponsoring organization shall maintain records of all continuing education hours obtained through the sponsoring organization's programs for 6 years. (b) Every sponsoring organization shall, on behalf of the successful student, furnish to the administrator of the departme…

(a) A sponsoring organization applying for continuing education course approval shall submit a course application containing the following: (1) Name of sponsoring organization; (2) Title of course; (3) Course objective; (4) Major course topic; (5) Course length; (6) States that h…

Each sponsoring organization shall provide to each student a course completion certificate for each course receiving continuing education credit containing the following: (a) Sponsoring organization; (b) Course number; (c) Course title; (d) Date of course; (e) Total continuing ed…

(a) It shall be the responsibility of the student to ascertain the approved status of a course or program being offered. (b) Credit shall not be given to any student who completes an unapproved course or program. Notes N.H. Admin. Code § Ins 1303.07 (See Revision Note at chapter …

The purpose of this part is to establish requirements for flood insurance education training for a resident individual person licensed as a producer with property and casualty line of authority with an effective date on or after January 1, 2008. Notes N.H. Admin. Code § Ins 1304.…

This part shall apply to all licensed resident individual producers with property and casualty line of authority whether or not they have attempted to place, have placed, or intend to place flood insurance through the National Flood Insurance Program (NFIP). Notes N.H. Admin. Cod…

(a) Notwithstanding any other requirement in this chapter, each individual producer who is issued a property and casualty line of authority on or after January 1, 2008, and in accordance with RSA 402-J shall complete a basic flood insurance course approved by the department pursu…

A resident individual producer failing to meet the requirements of this part shall be subject to the penalty provisions of Ins 1302.05. Notes N.H. Admin. Code § Ins 1304.04 (See Revision Note at chapter heading for Ins 1300) #8934, eff 8-1-07 Amended by Volume XXXV Number 27, Fil…

(a) The commissioner, upon the commissioner's own initiative or upon request by an insurer, shall waive any requirement of this part if such waiver does not contradict the objective or intent of the rule and: (1) Applying the rule provision would cause confusion or would be misle…

The purpose of this chapter is to: (a) Establish rules and guidelines in order to ensure that primary automobile insurance is readily available to citizens of the state of New Hampshire at rates and premiums which are adequate, reasonable, and not unfairly discriminatory; (b) Pro…

This chapter shall apply to all insurers authorized to write automobile insurance in this state. Notes N.H. Admin. Code § Ins 1401.02 #1900, eff 1-1-82; ss by #4287, eff 7-1-87; amd by #5084, eff 1-1-92; amd by #5310, eff 1-21-92; ss by #5650, eff 7-1-93; ss by #7030, INTERIM, ef…

(a) All insurers authorized to write automobile insurance in this state shall issue to any eligible risk a policy of automobile insurance covering private passenger automobiles. (b) Every participating insurer and producer shall provide to any eligible risk seeking automobile ins…

This part establishes the rules and guidelines that foster a competitive and dynamic private passenger automobile insurance market with products readily available to residents of the state of New Hampshire at rates and premiums which are adequate, reasonable, and not unfairly dis…

(a) "Automobile insurance" means primary insurance, including non-owned vehicle only policies, against bodily injury or property damage, including legal liability, arising out of the ownership, operation, maintenance, or use of motor vehicle(s). The term includes medical payments…

(a) Insurers shall make the same coverage and limits available to each applicant or insured, regardless of tier or company placement, up to the maximum coverage options available in the facility shown under Ins 1406.10(b), unless the insurer's maximum available underlying limits,…

(a) A new business applicant shall not be placed into a program or tier solely because of any of the factors cited in RSA 417-A:3 and RSA 417:4, VIII(e). (b) No insurer shall move a policy to a different tier within one company, or from one company to another within a group, whic…

The insurer shall protect the driving privileges of its insureds licensed to operate a motor vehicle in the state of New Hampshire. Therefore, upon notice to the insurer that it has become necessary for an insured to file evidence of financial responsibility with the state of New…

(a) Insurers shall establish a system of base rates, risk classifications and accompanying factors, other modifications and factors which can reflect individual characteristics of the insured and coverage choices, and underwriting or tiering rules by which individuals are placed …

(a) Insurance companies shall not make premium changes to an automobile policy during the policy period in the voluntary market other than for the following reasons: (1) Addition of a new or replacement vehicle; (2) Addition or deletion of a driver; (3) Change in garaged location…

(a) Rating systems or rating plans used by insurers shall include means by which insureds are credited with good driving experience or surcharged to reflect certain loss and violation history. (b) Every insurer shall clearly provide on, or attached to, the renewal notice or decla…