™Your Policy Risk Impact Agent
116 chapters · 1,704 sections in this title.
RSA 405-B:1 Purpose
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The purpose of this chapter is to enable the collection and disbursement of premium taxes for nonadmitted insurance, including surplus lines insurance, necessitated by the passage of the Nonadmitted and Reinsurance Reform Act of 2010 (NRRA), which was incorporated intact into the…
RSA 405-B:2 Definitions
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In this chapter: I. "Commissioner" means the insurance commissioner. II. "Home state" means, except as provided in subparagraph (b), with respect to an insured: (a) The state in which an insured maintains its principal place of business or, in the case of an individual, the indiv…
RSA 405-B:3 Cooperative or Reciprocal Agreements
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For the purposes of carrying out the provisions of the Nonadmitted and Reinsurance Reform Act of 2010, the commissioner is authorized to enter into a cooperative or reciprocal agreement, or compact with another state in order to facilitate the collection, allocation, and disburse…
RSA 405-B:4 Single Home State Rate; Surplus Lines
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I. Every person who procures or causes to be procured or continues or renews insurance with a surplus lines company shall collect and pay to the commissioner a sum based on the total gross premiums charged, less any return premiums, for surplus insurance provided by the licensee …
