™Your Policy Risk Impact Agent
166 chapters · 2,034 sections in this title.
R.I. Gen. Laws § 27-14.5-1. Definitions. [Effective January 1, 2026.]
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As used in this chapter: (1) “Applicant” means a commercial run-off insurer applying under § 27-14.5-4. (2) “Assessment deficit” means the amount that the assessment for the previous year under § 27-14.5-5 is less than, and “assessment surplus” is the amount that the assessment f…
R.I. Gen. Laws § 27-14.5-2. Jurisdiction, venue, and court orders
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(a) The court considering applications brought under this chapter shall have the same jurisdiction as a court under chapter 14.3 of this title. (b) Venue for all court proceedings under this chapter shall lie in the superior court for the county of Providence. (c) The court may i…
R.I. Gen. Laws § 27-14.5-3. Notice
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(a) Wherever in this chapter notice is required, the applicant shall, within ten (10) days of the event triggering the requirement, cause transmittal of the notice: (1) To the insurance regulator in each jurisdiction in which the applicant is doing business; (2) To the national c…
R.I. Gen. Laws § 27-14.5-4. Commutation plans
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(a) Application. Any commercial run-off insurer may apply to the court for an order implementing a commutation plan. (b) Procedure. (1) The applicant shall give notice of the application and proposed commutation plan. (2) All creditors shall be given the opportunity to vote on th…
