Title XXXVII, Insurance

Such fund, in the month of May after its receipt, shall be paid over, upon the order of the governor, to the treasurer of the New Hampshire State Firemen's Association, as trustee, and shall be devoted to, and paid out for, the relief of any fireman injured or disabled in the dis…

In addition to said firemen's relief fund, in the event of the depletion of the treasury of the New Hampshire State Firemen's Association below the amount necessary to meet its obligations, the state treasurer shall, having received a certified statement of such condition from th…

The money due a fireman, or in case of his death his parents, widow or children, by reason of any rule or bylaw of said association, shall be exempt from attachment or trustee process.

I. Duty to Cooperate. Any officer, manager, trustee or general agent of any insurer and any other person with executive authority over or in charge of any segment of the insurer's affairs shall cooperate with the commissioner in any proceeding under this chapter or any investigat…

The provisions of RSA 402-A:1, 2 and 3 do not apply to equity securities of a domestic stock insurance company if (a) such securities shall be registered, or shall be required to be registered, pursuant to section 12 of the Securities Exchange Act of 1934, as amended, or if (b) s…

[Paragraph I effective until January 1, 2027; see also paragraph I set out below.] I. Upon satisfaction that such applicant is in all respects properly qualified and of good character, and that the granting of such license is not against the public interest, the commissioner shal…

I. The acts of the pharmacy benefits manager shall be considered the acts of the health carrier on whose behalf it is acting. A pharmacy benefits manager may be examined as if it were the health carrier pursuant to RSA 400-A:37 and the commissioner may directly bill a pharmacy be…

An insurer placed under administrative supervision by the commissioner may contest any action taken pursuant to the agreed supervision order at any time during the supervision by requesting review by the superior court for Merrimack county. The court shall review the action compl…

I. All persons offering travel insurance to residents of this state are subject to RSA 417, except as otherwise provided in this section. In the event of a conflict between this chapter and other provisions of Title XXXVII regarding the sale and marketing of travel insurance and …

I. A sworn application for a license under this chapter shall be made to and filed with the commissioner on forms prescribed and furnished by the commissioner. II. The application shall provide: (a) The name, residence address, and other information required by the commissioner f…

[Paragraph I(intro. par.) effective until January 1, 2027; see also paragraph I(intro. par.) set out below.] I. Unless denied licensure pursuant to RSA 402-J:12, persons who have met the requirements of RSA 402-J:5 and RSA 402-J:6 shall be issued an insurance producer license. An…

I. All insurance charges or premiums collected by an administrator on behalf of or for an insurer, and the return of premiums received from the insurer, shall be held by the administrator in a fiduciary capacity. The funds shall be immediately remitted to the person entitled to t…

The RM shall not: I. Cede retrocessions on behalf of the reinsurer, except that the RM may cede facultative retrocessions pursuant to obligatory facultative agreements if the contract with the reinsurer contains reinsurance underwriting guidelines for such retrocession. The guide…

The commissioner of the insurance department may adopt rules, under RSA 541-A, necessary for the implementation and administration of this chapter.

I. A person who applies for a public adjuster license in this state who was previously licensed as a public adjuster in another state based on a public adjuster examination shall not be required to complete any prelicensing examination. This exemption is only available if the per…

Any such company may terminate its policies by publishing a notice of the time when they will terminate, and by giving or mailing a like notice to each party insured, 30 days at least before the time fixed for such termination, and by tendering to the insured under each policy a …

Every 2 years, at least 60 days prior to the renewal date of their license, persons holding a producers license shall be certified by the insurance department as having completed 24 hours of continuing education instruction. Of the 24 continuing education hours required, at least…

The New Hampshire State Firemen's Association shall make and observe just and equitable rules, bylaws and regulations for the proper apportionment and disbursement of such fund, subject to the approval of the governor and council. It shall, through its president and treasurer, ma…

The word "fireman" as used in the subdivision shall be construed to include any woman member of such fire company and of such association, and the word "widow" as used therein shall be construed to include the widower of any such woman member.

In all cases in which the laws of any other state of the United States require that the insurance companies incorporated by the laws of other states shall deposit with some officer of the state in which such insurance company is incorporated stocks or other securities in trust or…

I. It is the policy of this state that an insurance agent or an insurance company should not be licensed to act or do business primarily for the purpose of placing insurance on his or its own property or on property which is owned or controlled in any manner by employees or close…

Any existing contract between an insurance agent and insurance company may be modified only by mutual consent.

Any insurance company, broker or agent may retain an amount equal to any unpaid premium due on the policy under which a claim is being presented, in connection with claims by and settled with an insured; provided, however, that the unpaid premium remains unpaid 60 days after the …

I. Any law enforcement investigator may request an insurance company to release any information in its possession relative to the disappearance, theft or loss of any motor vehicle, or other personal property. The insurance company shall release the information and cooperate with …

Whenever the state or any of its subdivisions, or any agency of the state or of any of its subdivisions, is required to pay under the provisions of RSA 623:1, I for the medical care of any person in its custody pursuant to a valid arrest or detention, such governmental unit shall…

The commissioner of insurance shall collect the following fees for use by the commissioner in administrating this title: I. For each original insurance claims adjuster's license, as prescribed by RSA 400-A:29. II. For each renewal, as prescribed by RSA 400-A:29. III. An individua…

Nothing in this chapter shall be interpreted to invalidate or render inapplicable any other provision of Title XXXVII that is otherwise applicable to an entity that qualifies as a pharmacy benefit manager under this chapter.

The commissioner has the power to make such reasonable rules and regulations as may be necessary for the execution of the functions vested in him by RSA 402-A:1-7, and may for such purpose classify domestic stock insurance companies, securities, and other persons or matters withi…

Nothing contained in this chapter shall preclude the commissioner from initiating any proceeding under RSA 402-C, including any judicial proceedings to place an insurer in conservation, rehabilitation, or liquidation proceedings or other delinquency proceedings, however designate…

I. Notwithstanding any other provisions of Title XXXVII, no person shall act or represent itself as a travel administrator for travel insurance in this state unless that person: (a) Is a licensed property and casualty insurance producer in this state for activities permitted unde…

From time to time the directors of a mutual insurance company may, by vote, fix and determine the percentage of dividend or expiration return of premium to be paid on expiring policies, and may classify its risks as to dividends and assessments; but policies insuring risks in thi…

[Paragraph I(intro. par.) effective until January 1, 2027; see also paragraph I(intro. par.) set out below.] I. Unless denied licensure pursuant to RSA 402-J:12, a nonresident shall receive a nonresident producer license if: [Paragraph I(intro. par.) effective January 1, 2027; se…

I. An administrator shall not enter into any agreement or understanding with an insurer in which the effect is to make the amount of the administrator's commissions, fees, or charges contingent upon savings effected in the adjustment, settlement and payment of losses covered by t…

[Paragraph I(intro. par.) effective until January 1, 2027; see also paragraph I(intro. par.) set out below.] I. Unless denied licensure pursuant to RSA 402-D:10, a nonresident person shall receive a nonresident public adjuster license if: [Paragraph I(intro. par.) effective Janua…

I. A reinsurer shall not engage the services of any person, firm, association or corporation to act as an RM on its behalf unless the person is licensed as required by RSA 402-F:2. II. The reinsurer shall annually obtain a copy of statements of the financial condition of each RM …

The provisions of title XXXVII apply to managing general agents.

In any proceeding under this chapter the commissioner and his deputies shall be responsible on their official bonds for the faithful performance of their duties. If the court deems it desirable for the protection of the assets, it may at any time require an additional bond from t…

No cancellation or termination of an insurance policy of any type for nonpayment of a premium shall be effective if: I. Payment of the premium is actually received by the insurance company or by the insurance company's agent, before the date and time of the cancellation or termin…

I. Whenever an insurer owes a refund on an insurance premium paid, that insurer shall pay the refund within 30 days of the date when the refund becomes due. (a) When an insurance policy is cancelled by a named insured, a refund shall be due from the company or its appointed produ…

I. All insurance claim forms shall contain the following statement : "Any person who, with a purpose to injure, defraud, or deceive any insurance company, files a statement of claim containing any false, incomplete, or misleading information is subject to prosecution and punishme…

No provisions of this title relating to investments shall be preempted by the provisions of the federal Secondary Mortgage Market Enhancement Act of 1984 (15 U.S.C. § 77r-1). The provisions of this title specifically pertaining to, or otherwise affecting, investments of the type …

I. Any licensed insurance company authorized to transact fire or casualty business in this state shall provide 120 days' notice to the insurance department and its appointed agents of record in New Hampshire of the insurance company's decision to cease writing an entire line of b…

I. General Report of Proceedings. The commissioner shall include in his annual report: (a) Formal Proceedings. The names of the insurers proceeded against under RSA 402-C:15, 20, 24, 52, 53, and 55 and such other facts as indicate in reasonable detail his formal proceedings under…

If any provision of this chapter or the application of this chapter to any person or circumstance is held invalid, the invalidity shall not affect other provisions or applications of this chapter which can be given effect without the invalid provisions or application, and to this…

The commissioner may adopt rules, pursuant to RSA 541-A, as necessary for the purposes of this chapter.

The insurance claims adjuster's license shall be in such form and contain such identifying information concerning the licensee as the commissioner of insurance shall prescribe. The licensee shall exhibit said license to each person, whether an insured, a claimant, a witness, a po…