Title 27, Title 27 Title 27

The owners of special deposit claims against an insurer for which a receiver is appointed in this or any other state shall be given priority against their several special deposits in accordance with the provisions of the statutes governing the creation and maintenance of special …

The owner of a secured claim against an insurer for which a receiver has been appointed in this or any other state may surrender his or her security and file his or her claim as a general creditor, or the claim may be discharged by resort to the security, in which case the defici…

During the pendency of delinquency proceedings in this or any reciprocal state no action or proceeding in the nature of an attachment, garnishment, or execution shall be commenced or maintained in the courts of this state against the delinquent insurer or its assets. Any lien obt…

The domiciliary receiver of an insurer domiciled in a reciprocal state may sue in this state to recover any assets of that insurer to which the receiver may be entitled under the laws of this state.

The provisions of § 27-1-8 shall not apply in any case where the director of business regulation has been appointed and is acting as a receiver, pursuant to the provisions of this chapter.

(a) Within one hundred twenty (120) days of a final determination of insolvency of a company by a court of competent jurisdiction of this state, the receiver shall make an application to the court for the approval of a proposal to disburse assets out of that company’s marshaled a…

For the purposes of this chapter: (1) “Ancillary state” means any state other than a domiciliary state. (2) “Delinquency proceeding” means any proceeding commenced against an insurer for the purpose of liquidating, rehabilitating, reorganizing, or conserving that insurer. (3) “Do…

The priorities of distribution in a liquidation proceeding shall be in the following order: (1) The cost and expenses of administration, including the claims handling expenses of the Rhode Island insurers’ insolvency fund and of any similar organization in any other state. (2) Wa…

In the event of the entry of a decree ordering liquidation of an insurer, the responsibility of the agent to render premiums to the receiver shall be as follows: (1) Any agent upon receiving notice that a policy of insurance is being cancelled shall as of the date of policy termi…

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

This chapter shall be interpreted and construed as to effectuate its general purpose to make uniform the law of those states that enact it.

Whenever under this title, including § 27-1-14, a receiver is to be appointed upon the commencement of delinquency proceedings for an insurer domiciled in this state, the superior court shall appoint the director of business regulation as the receiver. The court shall direct the …

The domiciliary receiver and his or her successors shall be vested by operation of law with the title to all of the property, contracts, and rights of action, and all of the books and records, of the insurer wherever located, as of the date of entry of the order directing possess…

Upon taking possession of the assets of a delinquent insurer the domiciliary receiver shall, subject to the direction of the court, immediately proceed to conduct the business of the insurer or to take those steps authorized by the laws of this state for the purpose of liquidatin…

Whenever under the laws of this state an ancillary receiver is to be appointed in delinquency proceedings for an insurer not domiciled in this state, the superior court shall appoint the director of business regulation as the ancillary receiver. The ancillary receiver shall file …

The domiciliary receiver of an insurer domiciled in a reciprocal state shall be vested by operation of law with the title to all of the property, contracts, and rights of action, and all of the books and records, of the insurer located in this state, and the receiver shall have t…

In a delinquency proceeding begun in this state against an insurer domiciled in this state, claimants residing in reciprocal states may file claims with either the ancillary receivers, if any, in their respective states, or with the domiciliary receiver. All of those claims must …

Controverted claims belonging to claimants residing in reciprocal states may either: (1) Be proved in this state as provided by law; or (2) If ancillary proceedings have been commenced in those reciprocal states, be proved in those proceedings. In the event a claimant elects to p…

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…

(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…

(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…

(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…

The commissioner shall promulgate rules and regulations establishing standards by which liabilities may be novated to a new or existing domestic insurer pursuant to an insurance business transfer plan.

(a) Application fee. Upon application to a court pursuant to § 27-14.5-4, the applicant shall pay a fee to the department in the amount of ten thousand dollars ($10,000). (1) In connection with the department’s participation in the proceedings undertaken pursuant to § 27-14.5-4, …

The commissioner shall promulgate rules and regulations that may be necessary to effectuate the purposes of this chapter including, but not limited to, procedures for transferring commercial liabilities to a new or existing domestic insurer and standards for commutation plans.

The purpose of this chapter is to assure full federal support of the Rhode Island medical assistance program by providing for full compliance with 42 U.S.C. § 1301 et seq.

(a) “Blanket or group policy of insurance” means any accident and sickness insurance policy made exempt from the provisions of chapter 18 of this title by the operation of § 27-18-19(3). (b) “Contract providing a health benefit or benefits” means a policy of accident and health i…

No insurance company, health maintenance organization, or nonprofit corporation may issue, deliver, or renew any contract providing a health benefit or benefits that contains any provisions excluding or limiting its benefits on account of eligibility for or payment of benefits un…

The director of business regulation shall promulgate any rules and regulations as the director shall deem necessary for the efficient administration of this chapter.

In keeping with the provisions of §§ 27-19-2, 27-20-2, 27-20.1-2, and 27-20.2-2, it is expressly provided that all corporations subject to chapters 19, 20, 20.1, and 20.2 of this title are subject to this chapter.

If any provision of the 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 affec…

(1) “Applicant” means: (i) In the case of an individual Medicare supplement policy, the person who seeks to contract for insurance benefits; and (ii) In the case of a group Medicare supplement policy, the proposed certificate holder. (2) “Certificate” means, for the purposes of t…

Whenever the director has cause to believe that a violation of this chapter or the regulations promulgated pursuant to this chapter has occurred, the director may, in accordance with the requirements of the Administrative Procedures Act, chapter 35 of title 42, revoke or suspend …

If any provision of this chapter or the application of any provision to any person or circumstances is for any reason held to be invalid, the remainder of the chapter and the application of that provision to other persons or circumstances shall not be affected by that invalidity.

(a) Except as otherwise specifically provided, this chapter shall apply to: (1) All Medicare supplement policies and subscriber contracts delivered or issued for delivery in this state on or after July 1, 1992; and (2) All certificates issued under group Medicare supplement polic…

(a) No Medicare supplement insurance policy or certificate in force in the state shall contain benefits that duplicate benefits provided by Medicare. (b) Notwithstanding any other provision of law of this state, a Medicare supplement policy or certificate shall not exclude or lim…

(a) An issuer shall not deliver or issue for delivery a policy or certificate to a resident of this state unless the policy form or certificate form has been filed with and approved by the commissioner in accordance with filing requirements and procedures prescribed by the commis…

Medicare supplement policies shall return to policyholders benefits which are reasonable in relation to the premium charged. The director shall issue reasonable regulations to establish minimum standards for loss ratios of Medicare supplement policies on the basis of incurred cla…

(a) In order to provide for full and fair disclosure in the sale of Medicare supplement policies, no Medicare supplement policy or certificate shall be delivered in this state unless an outline of coverage is delivered to the applicant at the time application is made. (b) The dir…

Medicare supplement policies or certificates shall have a notice prominently printed on the first page of the policy or certificate or attached to it stating in substance that the applicant shall have the right to return the policy or certificate within thirty (30) days of its de…

Every issuer of Medicare supplement insurance policies or certificates in this state shall provide a copy of any Medicare supplement advertisement intended for use in this state whether through written, radio, or television medium to the director for review or approval by the dir…

Regulations adopted pursuant to this chapter shall be subject to the provisions of chapter 35 of title 42.

(a) “Insurer” means any health insurer (including a group health plan, as defined in section 607(1) of the Employee Retirement Income Security Act of 1974, 29 U.S.C. § 1167(1)), a health maintenance organization as defined in § 27-41-2, a qualified health maintenance organization…

(a) An insurer is prohibited from considering the availability or eligibility for medical assistance in this or any other state when considering eligibility for coverage or making payments under its plan for eligible enrollees, subscribers, policyholders, or certificate holders. …

(a) An insurer shall not deny enrollment of a child under any health plan of the child’s parent on the grounds that: (1) The child was born out of wedlock; (2) The child is not claimed as a dependent on the parent’s federal tax return; or (3) The child does not reside with the pa…

Where a parent is required by a court or administrative order to provide health coverage, which is available through an employer doing business in this state, the employer is required: (1) To permit the parent to enroll under family coverage any child who is eligible for coverage…