Title 27, Title 27 Title 27

Notwithstanding the provisions of chapter 14.6 of title 19, private passenger motor vehicle insurance policyholders on either six-month (6) or twelve-month (12) policies shall have the option of paying any policy premiums in installment payments; provided that for a twelve-month …

An insurer may levy and collect a maximum fee or charge of ten dollars ($10.00) for any late payment of premium by a policyholder for any property, casualty, fire and marine or liability policy of insurance. A late fee may not be imposed unless payment is received more than five …

Every insurance policy issued and approved for use in Rhode Island shall provide clear language on the method of calculation of the unearned premium portion, if any, to be returned to the insured if the policy is canceled. Insurance policies shall not state “refer to manuals” to …

Notwithstanding any similar requirements in title 28, every claim form and application for insurance, regardless of the form of transmission, shall contain the following statement or a substantially similar statement; provided, that this section shall not apply to any claim form …

No insurance company, authorized or licensed to do business in the state of Rhode Island, that obtains insurance information through any residual market (mechanism), including, but not limited to, the assigned risk plans Joint Underwriting Association, including, but not limited …

If any provision of this chapter, or the application of a provision to any person or circumstances shall be held invalid, the remainder of the chapter, and the application of the provision to persons or circumstances other than those as to which it is held invalid, shall not be a…

Sections 27-29-17 — 27-29-17.4 shall apply to commercial property insurance policies, commercial liability insurance policies, commercial package policies, commercial excess or umbrella policies, and commercial auto policies. These sections shall not apply to reinsurance, aviatio…

For the purpose of §§ 27-29-17 — 27-29-17.4: (1) “Commissioner” means the commissioner of insurance. (2) “Expiration date” means the date upon which coverage under a policy ends. It also means, for a policy written for a term longer than one year or with no fixed expiration date,…

(a) An insurer may nonrenew a policy; provided, however, no nonrenewal of any policy of insurance to which this section applies shall be effective unless an insurer shall first give, mail, or deliver to the first-named insured at the address shown on the policy, and to the insura…

(a) An insurer shall provide to the first-named insured at the mailing address shown on the policy, and to the insurance producer of record, written notice of any premium increase in excess of ten percent (10%) and shall also provide the exact renewal premium, at least sixty (60)…

(a) A company issuing any policy of insurance subject to nonrenewal, a premium increase, a change in deductible, reduction in limits, or changes in coverage shall effect the same by serving the notice of it as provided by the policy. The notice shall be delivered in hand to the n…

(a) Upon request by the first-named insured or that insured’s authorized agent or broker, the insurer shall provide the following loss information, for the period of time coverage has been provided by the insurer or for five (5) years, whichever is less, within fourteen (14) days…

When used in this chapter: (1) “Commissioner” means the director of the department of business regulation. (2) “Consultant” means an individual, partnership, or corporation who or that, for a fee, holds himself, herself, or itself out to the public as engaged in the business of o…

No person shall engage in this state in any trade practice which is defined in this chapter as, or determined pursuant to this chapter to be, an unfair method of competition or an unfair or deceptive act or practice in the business of insurance.

The following are defined as unfair methods of competition and unfair and deceptive acts or practices in the business of insurance: (1) Misrepresentations and false advertising of policies or contracts. Making, issuing, circulating, or causing to be made, issued, or circulated, a…

No insurance company authorized to do business in this state shall cancel or refuse to issue any type of insurance coverage for an owner-occupied dwelling or personal property of every nature and description solely because of the area in which the property is situated.

For each violation of § 27-29-4.1, the offending insurance company shall be fined a sum of five hundred dollars ($500) by the department of business regulation.

No insurance company authorized to do business in this state shall refuse to issue or charge an increased premium for a standard fire insurance policy for an occupied dwelling solely because of the fact that the building has formerly been unoccupied or vacant.

(a) Every insurance carrier authorized to sell motor vehicle liability insurance in the state shall conduct an auto body repair labor rate survey, subject to, and in accordance with, the following provisions: (1) When used in this section the following definitions shall apply: (i…

An insurer’s failure to comply with any requirement of § 27-29-4.4, or any rule or regulation promulgated by the department of business regulation shall result in a fine in a sum of up to five thousand dollars ($5,000).

The director of the department of business regulation may assess an insurer for reimbursement of the department’s actual expenses for the investigation and hearing of significant auto body shop matters relating to insurers. In addition, an assessment may be sought in the event th…

(a) In addition to those listed in § 27-29-4 the following are also defined as unfair methods of competition and unfair and deceptive acts or practices in the business of insurance: (1) Twisting. Knowingly making any misleading representations or incomplete or fraudulent comparis…

(a) Whenever the insurance commissioner shall have reason to believe that any person engaged in the business of insurance in this state has been engaged or is engaging in this state in any unfair method of competition or any unfair or deceptive act or practice, whether or not def…

(a) If after a hearing the insurance commissioner shall determine that the method of competition or the act or practice in question is unfair and that the person complained of has engaged in a method of competition, act, or practice in violation of this chapter, the commissioner …

(a) Any person required by an order of the insurance commissioner under § 27-29-6 to cease and desist from engaging in any unfair method of competition or any unfair or deceptive act or practice may obtain a review of the order by filing in the superior court of Providence County…

(a) Whenever the insurance commissioner shall have reason to believe that any person engaged in the business of insurance is engaging in this state in any method of competition or in any act or practice in the conduct of business that is not defined in § 27-29-4, that the method …

(a) Any person who violates a cease and desist order of the insurance commissioner under § 27-29-6 after it has become final, and while the order is in effect, shall, upon proof of the violation to the satisfaction of the court, forfeit and pay to the state a sum not to exceed tw…