Title XXXVII, Insurance

I. In addition to those records and reports which the commissioner may require pursuant to title XXXVII, any person, corporation, partnership or association subject to the provisions of this subdivision shall provide to current and prospective clients a written disclosure stateme…

Any person, corporation, partnership, or association who acts as an insurance consultant without such license or during a suspension of his or its license shall be subject to an administrative fine not to exceed $2,500 for each such act.

The purpose of this subdivision is to protect the interest of insureds, claimants, ceding insurers, assuming insurers, and the public generally. The general court hereby declares its intent is to ensure adequate regulation of insurers and reinsurers and adequate protection for th…

In this subdivision: I. "NAIC" means the National Association of Insurance Commissioners. II. A "qualified U.S. financial institution" means an institution that: (a) Is organized or, in the case of a U.S. office of a foreign banking organization, licensed, under the laws of the U…

Credit for reinsurance shall be allowed a domestic ceding insurer as either an asset or a reduction from liability on account of reinsurance ceded only when the reinsurer meets the requirements of paragraphs I, II, III, IV, or V; provided that the commissioner may adopt by rule, …

If the assuming insurer does not meet the requirements of RSA 405:47, I-III, the credit permitted by RSA 405:47, IV and IV-a shall not be allowed unless the assuming insurer agrees in the trust agreements to the following conditions: I. Notwithstanding any other provisions in the…

I. If an accredited or certified reinsurer ceases to meet the requirements for accreditation or certification, the commissioner may suspend or revoke the reinsurer's accreditation or certification. (a) The commissioner shall give the reinsurer notice and opportunity for hearing. …

I. A covered entity may join or form a self-insured risk coverage arrangement together with one or more other covered entities and may jointly purchase insurance or reinsurance with one or more other covered entities for liability risks as permitted under this chapter. Covered en…

I. Every insured who procures or causes to be procured or continues or renews insurance with any unlicensed insurer pursuant to RSA 406-B:16 shall collect and pay to the commissioner a sum based on the total gross premiums charged, less any return premiums, for independently proc…

An asset or a reduction from liability for the reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of RSA 405:47 shall be allowed in an amount not exceeding the liabilities carried by the ceding insurer; provided that the commissioner may a…

The commissioner may adopt rules under RSA 541-A relative to reinsurance arrangements as follows: I. Such rules shall apply only to reinsurance relating to: (a) Life insurance policies with guaranteed nonlevel gross premiums or guaranteed nonlevel benefits. (b) Universal life ins…

The commissioner may adopt rules, pursuant to RSA 541-A, implementing the provisions of this subdivision.

Credit for reinsurance ceded to a certified reinsurer is allowed only for reinsurance contracts entered into or renewed on or after the effective date of the certification of the assuming insurer by the insurance commissioner.

If any state shall, by its laws, deny any insurance company or citizen of this state any rights or privileges which are granted to insurance companies and citizens of that state, this state shall in like manner deny to insurance companies and citizens of that state all such right…

If, by the laws of any state, the insurance commissioner or other official shall have the power to revoke the license of any company of this state or foreign state for writing insurance upon any person or property of that state, other than through or by a citizen of that state, t…

If, by the laws of any other state, agents, brokers or companies of this state are prohibited from receiving commissions on policies of fire or casualty insurance written for them by agents or companies doing business in that state on persons or property residing or located there…

Any such agent or company of this state, who shall pay such commission, brokerage or other compensation upon any such policy so written for him or them upon persons or property in this state, shall be subject to the same penalties as are prescribed by the laws of that state for a…

It shall be the duty of the insurance commissioner, upon receiving information that, by the laws of any other state, agents, brokers or companies, residents of this state, are prohibited from receiving commissions on policies written for them by agents or companies of that state,…

Whenever it shall appear to the commissioner of this state that any insurance company chartered by this state, and authorized by such commissioner in this state to engage in life, accident and health insurance business or any combination thereof, is refused permission to transact…

Before the establishment of a multiple-caregiver self-insured risk coverage arrangement, the covered entities shall obtain the approval of the commissioner. The entity or entities proposing the creation of the arrangement shall submit, as part of the application, a plan of manage…

I. Every insured who procures or causes to be procured or continues or renews insurance with any unlicensed insurer pursuant to RSA 406-B:17 shall collect and pay to the commissioner a sum based on the total gross premiums charged, less any return premiums, for independently proc…

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. Prohibit the es…

Any mutual fire or casualty insurance company now or hereafter admitted to transact business in this state may issue non-assessable policies in compliance with the requirements of RSA 402:2, except that the deposit required by said section may be made in the home state of such ad…

If any such company shall refuse or neglect to pay any tax, fine, penalty, license, or fee imposed by the laws of this state, or fail to comply with any other requirement thereof, the commissioner may revoke its license.

I. Any law enforcement investigator may request an insurance company licensed under this chapter 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 inf…

Any insurer which is organized under the laws of any other state and is admitted to do business in this state for the purpose of writing insurance may become a domestic insurer upon the approval of the commissioner by amending its articles of incorporation or equivalent corporate…

Any domestic insurer may, upon the approval of the commissioner, transfer its domicile to any other state in which it is admitted to transact the business of insurance, and upon such a transfer shall cease to be a domestic insurer, and shall be admitted to this state if qualified…

The certificate of authority, agents' appointments and licenses, rates, and other items which the commissioner allows, in his discretion, which are in existence at the time any insurer licensed to transact the business of insurance in this state transfers its corporate domicile t…

An insurer transferring its domicile to this state shall file the following documents with the secretary of state, together with applicable filing fees: I. Restated articles of incorporation or equivalent, as amended pursuant to RSA 405:62; and II. Executed order of the commissio…

The term net assets, as used herein, shall be taken to mean the funds of an insurance company available for the payment of its obligations in this state, including, in the case of a mutual company, its deposit notes or other contingent funds, its subscription fund and premium not…

I. Each multiple-caregiver self-insured risk coverage arrangement shall meet the following minimum eligibility requirements, and any additional requirements as the commissioner may require: (a) The arrangement shall qualify as a non-profit or for-profit entity; (b) The arrangemen…

The commissioner is authorized to participate in the clearinghouse established through the agreement or compact for the purpose of collecting and disbursing to reciprocal states any funds collected pursuant to RSA 405-B:4, RSA 405-B:5, and RSA 405-B:6 on properties, risks or expo…

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 do business; (c) sp…

The covered entities of a proposed multiple-caregiver self-insurance risk coverage arrangement shall file with the commissioner an application for approval, upon a form furnished by the commissioner, which shall include or have attached the following: I. A copy of the constitutio…

The commissioner is authorized to utilize or adopt the allocation schedule included in the agreement or compact for the purpose of allocating risk and computing the tax due on the portion of premium attributable to each risk classification and to each state where properties, risk…

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 or broker acting pursuant t…

Mutual fire or mutual employer's liability insurance companies incorporated under the laws of other states, which insure only factories or mills or property connected with such factories or mills, may be admitted to this state upon complying with the conditions set forth herein, …

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 premium …

Such companies shall, on or before March 1, make a return, under oath, to the commissioner, showing the gross premiums in force on risks in this state on December 31 previous and the unabsorbed portion of such premiums computed at the rate of return actually made on annual polici…

I. Within 120 days of receipt of an application, the commissioner shall either approve or disapprove an application for a license for the formation of the arrangement. If the commissioner denies a request for approval, the commissioner shall specify in detail the reasons for deni…

I. The purpose of this chapter is to subject to the jurisdiction of the insurance commissioner of this state and to the jurisdiction of the courts of this state insurers not authorized to transact business in this state which place in or send into this state any false advertising…

The purpose of this chapter is to subject certain persons and insurers to the jurisdiction of the commissioner, of proceedings before the commissioner, and of the courts of this state in suits by or on behalf of the state and insureds or beneficiaries under insurance contracts. T…

The purpose of this chapter is to authorize and regulate the solicitation for purchase and the sale in this state of insurance by financial institutions and to maintain parity with respect to the insurance powers of state and federally chartered financial institutions.

I. Every person investigating or adjusting any loss or claim on a subject of insurance in this state shall immediately report to the commissioner every insurance policy or contract which has been entered into by any insurer not authorized to transact such insurance in this state.…

I. The financial institution shall not require or imply that the purchase of an insurance product by a customer or prospective customer is required as a condition of, or is in any way related to, the lending of money or extension of credit or the provision of services related to …

I. Except as to premiums on lawfully procured surplus lines insurance pursuant to the surplus lines laws of this state, and premiums on unlicensed insurance procured by industrial insurers on which a tax has been paid pursuant to RSA 406-B:16, VI and premiums on independently pro…