Title 27, Title 27 Title 27

The commissioner shall share information and coordinate the department of business regulation’s market analysis and examination efforts with other states through the NAIC.

(a) At least once per year, or more frequently if deemed necessary, the commissioner shall make available in an appropriate manner to insurers and other entities subject to the scope of this chapter information on new laws and regulations, and other information the commissioner d…

(a) The total cost of market analysis and examinations performed pursuant to this chapter shall be borne by the companies analyzed and/or examined, including the total cost of all persons contracted by the commissioner pursuant to this chapter to supplement in-house staff, in acc…

(a) The purpose of this chapter is to establish a framework for insurance market conduct actions, including: (1) Processes and systems for identifying, assessing, and prioritizing market conduct problems that have an adverse impact on consumers, policyholders, and claimants; (2) …

As used in this chapter: (1) “Commissioner” means the “director of the department of business regulation” or his or her designee. (2) “Complaint” means a written or documented oral communication to the commissioner primarily expressing a grievance, meaning an expression of dissat…

(a) The commissioner is authorized to conduct market conduct examinations as deemed necessary by the commissioner for Rhode Island policyholder protection, which shall be accomplished by comprehensive or targeted examinations of domestic insurers and targeted examinations of fore…

(a)(1) The commissioner shall gather information as deemed necessary from data currently available, as well as surveys and required reporting requirements, information collected by the NAIC, and a variety of other objective sources in both the public and private sectors including…

(a) Market conduct actions taken as a result of a market analysis shall focus on the general business practices and compliance activities of insurers, rather than identifying infrequent or unintentional random errors that do not cause consumer harm. (b)(1) The commissioner is aut…

(a) When the commissioner identifies through market analysis a pattern of conduct or practice by an insurer which requires further investigation, and less intrusive market conduct actions identified in § 27-71-5(b) are not appropriate, the commissioner has the discretion to condu…

(a) Except as otherwise provided by law, market conduct surveillance personnel shall have free and full access to all books and records, employees, officers, and directors, as practicable, of the insurer during regular business hours. An insurer utilizing a third-party model or p…

(a) Market conduct surveillance personnel shall be qualified by education, experience and, where applicable, professional designations. The commissioner may supplement the in-house market conduct surveillance staff with qualified outside professional assistance if he or she deter…