reglab/housing_qa huggingface dataset:
NH Rev Stat § 416-A:6 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:6 - Determination of Insurability Required.

    416-A:6 Determination of Insurability Required. –||No policy or contract of title insurance shall be written unless and until the title insurance company has caused to be conducted a reasonable examination of the title and has caused to be made a determination of insurability of title in accordance with sound underwriting practices for title insurance companies. Evidence thereof shall be preserved and retained in the files of the title insurance company or its agent or its approved attorney for a period of not less than 20 years after the policy or contract of title insurance has been issued. In lieu of retaining the original copy, the title insurance company or the agent of the title insurance company, may in the regular course of business, establish a system whereby all or part of these writings are recorded, copied, or reproduced by any photographic, photostatic, microfilm, microcard, miniature photographic, or other process which accurately reproduces or forms a durable medium for reproducing the original. This section shall not apply to either a company assuming no primary liability in a contract of reinsurance, or a company acting as a coinsurer if one of the other coinsuring companies has complied with this section.|||Source. 1971, 561:1, eff. Sept. 10, 1971.|
NH Rev Stat § 416-A:7 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:7 - Powers.

    416-A:7 Powers. –||Every title insurance company shall have the following powers:||I. To do the business defined in RSA 416-A:2, II of this chapter.||II. To own, manage, and maintain sets of abstract books and, subject to the provisions of this chapter, make, compile, and sell abstracts of title to real estate.||III. To acquire by purchase or otherwise, and to hold, sell, mortgage, or otherwise dispose of real estate and personal property, or any interest therein, either within or without the state and to loan or borrow money upon such real estate or personal property.|||Source. 1971, 561:1, eff. Sept. 10, 1971.|
NH Rev Stat § 416-A:8 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:8 - Prohibitions.

    416-A:8 Prohibitions. –||I. A title insurance company shall not:||(a) Engage in the business of guaranteeing the payment of the principal or the interest of bonds, notes, or other obligations.||(b) Transact, underwrite, or issue any kind of insurance other than title insurance.||II. A title insurance company or a title insurance agent shall not:||(a) Give or receive or attempt to give or receive remuneration in any form pursuant to any agreement or understanding, oral or otherwise, for the referral of title insurance business.||(b) Give or receive or attempt to give or receive any portion or percentage of any charge made or received in connection with the business of title insurance if such portion or percentage of the charge given or received is not for services actually rendered. For purposes of this chapter, "services actually rendered" shall include, but not be limited to, a reasonable examination of a title, including instruments of record, and a determination of insurability of such title in accordance with sound underwriting practices. "Services actually rendered" shall not include the mere referral of title insurance business.|||Source. 1971, 561:1. 2006, 196:9. 2009, 38:1, eff. July 14, 2009.|
NH Rev Stat § 416-A:8-a (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:8-a - Compensation by Title Insurance Company.

    416-A:8-a Compensation by Title Insurance Company. –||Nothing in this chapter, or in any other provision of law governing the insurance industry, shall be construed to prohibit:||I. Compensation by a title insurance company of an attorney who is licensed to practice for services actually rendered in connection with a real estate transaction, regardless of whether such attorney represents a client in such real estate transaction.||II. Payment to any person of a bona fide salary or compensation for payment of goods and facilities actually furnished or for services actually rendered.|||Source. 2006, 196:10, eff. July 30, 2006.|
NH Rev Stat § 416-A:9 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:9 - Unearned Premium Reserve.

    416-A:9 Unearned Premium Reserve. –||In lieu of those reserves required for other insurance companies, every domestic title insurance company, and every foreign or alien title insurance company which under the state of domicile is not required to maintain a substantially equivalent unearned premium reserve shall, in addition to other reserves, establish and maintain a reserve to be known as the "unearned premium reserve" for title insurance, which shall, at all times and for all purposes, constitute the unearned portions of premiums due or received and shall be charged as a reserve liability of such title insurance company in determining its financial condition. The unearned premium reserve shall be retained and held by such title insurance company for the protection of the policyholders' interest in policies which have not expired. Except upon liquidation, dissolution, or insolvency, assets equal to the amount of such reserve shall not be subject to distribution among depositors or other creditors or stockholders of such title insurance company until all claims of policyholders or holders of other title insurance contracts or agreements of such title insurance company have been paid in full and all liability on the policies or other title insurance contracts or agreements, whether contingent or actual, has been discharged or lawfully reinsured. Income from the investment of the amount of such reserve shall be the unrestricted property of the title insurance company.|||Source. 1971, 561:1, eff. Sept. 10, 1971.|
NH Rev Stat § 416-A:11 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:11 - Reserve for Unpaid Losses and Loss Expense.

    416-A:11 Reserve for Unpaid Losses and Loss Expense. –||I. Each title insurance company, in addition to other reserves, shall at all times establish and maintain reserves against unpaid losses, and against loss expense, and shall calculate such reserves by making a careful estimate in each case of the loss and loss expense likely to be incurred, by reason of every claim presented, pursuant to notice from or on behalf of the policyholder, of a title defect in or lien or adverse claim against the title insured, that may result in a loss or cause expense to be incurred for the proper disposition of the claim. The sums of the items so estimated shall be the total amounts of the reserves against unpaid losses and loss expenses of such title insurance company.||II. The amounts so estimated may be revised from time to time as circumstances warrant, but shall be redetermined at least once each year.||III. The amounts set aside in such reserves in any year shall be deducted in determining the net profits for such year of any title insurance company.|||Source. 1971, 561:1, eff. Sept. 10, 1971.|
NH Rev Stat § 416-A:12 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:12 - Net Retained Liability.

    416-A:12 Net Retained Liability. –||The net retained liability of any title insurance company under any single insurance risk as defined in RSA 416-A:2, IX and X, shall not exceed 50 percent of the net amount remaining after deducting from the sum of its capital, surplus, unearned premium reserve, and voluntary reserves, the value, if any, assigned in such summation to its title plant, all as shown in its most recent report on file with the commissioner. The same limitation shall apply to any secondary risk assumed by means of reinsurance or to any policy of excess coinsurance except, whenever the primary retained liability of a ceding company shall equal or exceed 10 percent of the single insurance risk liability, the net retained or assumed liability limit of this section may be increased by an additional $250,000, but in no event above 100 percent of the net amount remaining after deducting from the sum of its capital and surplus, the value, if any, assigned in such summation to its title plant, all as shown by its most recent report on file with the commissioner. Nothing in this section is intended to limit the amount of a single insurance risk, as defined in RSA 416-A:2, IX that may be written by a title insurance company; but it shall cede to one or more other title reinsurers on or before the effective date of such writing, such portion or portions of the said risk as shall be sufficient to bring its net retained liability thereunder within the limits prescribed in this section; and each such cession of risk shall be within the limits of this section as applied to the sum of the capital, surplus, unearned premium reserve, and voluntary reserves, less the value, if any, assigned in such summation to the title plants of the reinsuring company, as shown by its most recent report on file with the supervisory agency in the state of its domicile.|||Source. 1971, 561:1, eff. Sept. 10, 1971.|
NH Rev Stat § 416-A:13 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:13 - Power to Reinsure.

    416-A:13 Power to Reinsure. –||Any title insurance company may cede reinsurance of all or any part of its liability under one or more of its policies, contracts, or reinsurance agreements of title insurance to any reinsurer which meets or exceeds the financial requirements of a title insurance company to do business in this state and is authorized to engage in the business of reinsurance of title insurance in this or any other state; but, no larger amount of reinsurance shall be ceded to any reinsurer on a single policy or contract of title insurance, or on any single insurance risk as defined in RSA 416-A:2, IX, than such reinsurer would be permitted to retain if authorized to engage in the business of title insurance in this state. Any title insurance company may also reinsure policies of title insurance issued by other insurance companies on risks located in this state or elsewhere. Any domestic title insurance company or any foreign or alien title insurance company authorized to do business in this state shall pay to this state taxes required on all business taxable within this state and reinsured, as provided in this section, with any foreign or alien company not authorized to do business within this state. Issuance of contracts of reinsurance by a reinsurer not authorized to engage in the business of title insurance in this state, but authorized to engage in the business of title insurance or in the business of reinsurance of title insurance in any of the United States, which contracts reinsure policies of title insurance issued by a title insurance company authorized to engage in the business of title insurance in this state on real property located in this state, shall not of itself constitute the doing of business in this state by such reinsurer.|||Source. 1971, 561:1, eff. Sept. 10, 1971.|
NH Rev Stat § 416-A:14 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:14 - Legal Investments.

    416-A:14 Legal Investments. –||Title insurance companies shall comply with the investment requirements for other insurance companies, under the laws of this state, but, in addition, may invest in a title plant. Such title plant shall be considered an asset at the fair value thereof. In determining the fair value of a title plant, no value shall be attributed to furniture and fixtures. The real estate in which the title plant is housed shall be considered an investment. The value of title abstracts, title briefs, copies of conveyances or other documents, indices, and other records comprising the title plant shall be determined by considering the expenses incurred in obtaining them, the age thereof, the cost of replacements less depreciation, and all other relevant factors. Once the value of a title plant shall have been so determined, such value may be increased only by the acquisition of another title plant by purchase, consolidation, or merger. In no event shall the value of the title plant be increased by additions made thereto as part of the normal course of abstracting and insuring titles to real estate. Subject to the limitations of this section and with the approval of the commissioner, a title insurance company may enter into agreements with one or more other title insurance companies authorized to do business in this state whereby such companies shall participate in the ownership, management, and control of a title plant to serve the needs of all such companies, or such companies may hold stock of a corporation owning and operating a title plant for such purposes.|||Source. 1971, 561:1, eff. Sept. 10, 1971.|
NH Rev Stat § 416-A:15 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:15 - Title Insurance Agent's License.

    416-A:15 Title Insurance Agent's License. –||I. Title insurance agents shall be licensed in the manner provided for agents of insurance companies by RSA 402-J, except as provided in subparagraphs (a) and (b).||(a) Nothing in this chapter shall be construed to require the licensing of an attorney at law in good standing and admitted to practice before the supreme court of New Hampshire for the purpose of an examination of title and report of title thereon to a title insurance company upon which such title insurance company may issue a policy of title insurance.||(b) Nothing in this chapter shall be construed to require the licensing of a law firm acting as agent of a title insurance company; provided that any sale, solicitation, or negotiation of a contract of title insurance is conducted by a duly licensed title insurance agent.||II. Employees of a corporate contractual agent of a title insurance company, authorized by such company, or such contractual agent, to issue or countersign binders or policies in behalf of such title insurance company shall be licensed.||III. The commissioner of insurance may require such examination of applicants for producer licenses as title insurance agents as he or she shall consider necessary to carry out the purposes of this chapter.|||Source. 1971, 561:1. 2000, 315:19, 20. 2001, 95:13. 2009, 38:2, eff. July 14, 2009.|
NH Rev Stat § 416-A:16 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:16 - Title Insurance Agents; Certain Names Prohibited.

    416-A:16 Title Insurance Agents;  Certain Names Prohibited. –||No agent for a title insurance company shall adopt a firm name containing the words "title insurance", "title guaranty", or "title guarantee", unless such words are followed by the words "agent" or "agency". The words "agent" or "agency" must be in the same size and type as the words preceding them. This section shall not apply to any title insurance company acting as agent for another title insurance company.|||Source. 1971, 561:1, eff. Sept. 10, 1971.|
NH Rev Stat § 416-A:17 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:17 - Rates and Rating Organizations.

    416-A:17 Rates and Rating Organizations. –||I. Title insurance rates and rating organizations should be regulated in the manner provided by RSA 412:13 through RSA 412:16, and RSA 412:20 through RSA 412:25, except as otherwise provided in this section.||II. Every title insurance company shall file with the commissioner its schedule of fees or premium rates, every manual of classifications, rules and plans pertaining thereto, and every modification of any of the foregoing which it proposes to use in this state. In every such filing, the company shall set forth that portion of the fee which is designated as premium as herein defined.|||Source. 1971, 561:1. 2003, 150:13. 2004, 156:5, eff. July 23, 2004.|
NH Rev Stat § 416-A:17-a (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:17-a - Filing of Forms.

    416-A:17-a Filing of Forms. –||Every insurer and advisory organization shall file policy forms, endorsements, and other contract language covered by this chapter within 30 days of the effective date.|||Source. 2004, 156:7. 2005, 248:8, eff. Sept. 12, 2005.|
NH Rev Stat § 416-A:18 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:18 - Laws Applicable.

    416-A:18 Laws Applicable. –||I. In addition to the provisions of RSA 416-A, the laws governing insurance companies, except as they are inconsistent with the provisions of RSA 416-A shall apply to the business of title insurance and to title insurance companies.||II. The provisions of RSA 400-A:32 shall be applicable to title insurers.|||Source. 1971, 561:1. 2010, 13:5, eff. July 1, 2010.|
NH Rev Stat § 416-A:19 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:19 - Fees.

    416-A:19 Fees. –||The commissioner of insurance shall collect whatever fees he may establish by rule or regulation, provided however, said fees bear a reasonable relationship to the cost of administering the provisions of this chapter.|||Source. 1971, 561:1, eff. Sept. 10, 1971.|
NH Rev Stat § 416-A:20 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:20 - Examination, Exception.

    416-A:20 Examination, Exception. –||The commissioner shall waive the requirement of such examination in the following cases:||I. Nonresident applicants who are licensed as title insurance agents in the states in which they reside, or if no license is required in said states, then nonresident applicants who have engaged in the business of title insurance for a period of 6 months;||II. Residents of the state who (a) have been engaged in the business of title insurance prior to September 10, 1971 or (b) prove to the commissioner that they have passed a course on insurance conducted by an insurance company or an educational institution which course the commissioner has approved;||III. Attorneys at law.|||Source. 1971, 561:1, eff. Sept. 10, 1971.|
NH Rev Stat § 416-A:21 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:21 - Rules and Regulations.

    416-A:21 Rules and Regulations. –||The commissioner may make reasonable rules and regulations necessary to effect the purposes of this chapter.|||Source. 1971, 561:1, eff. Sept. 10, 1971.|
NH Rev Stat § 416-A:22 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 416-A - Title Insurance Code|Section 416-A:22 - Applicability.

    416-A:22 Applicability. –||The provisions of this chapter shall apply to all title insurance companies, title insurance rating organizations, title insurance agents, applicants for title insurance, policyholders, and to all persons and business entities deemed to be engaged in the business of title insurance.|||Source. 1971, 561:1, eff. Sept. 10, 1971.|
NH Rev Stat § 417:1 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 417 - Unfair Insurance Trade Practices|Section 417:1 - Purpose of Chapter.

    417:1 Purpose of Chapter. –||The purpose of this chapter is to regulate trade practices in the business of insurance, in accordance with the intent of Congress as expressed in the Act of Congress of March 9, 1945 (Public Law 15, 79th Congress), by defining or providing for the determination of all such practices which constitute in this state unfair methods of competition or unfair or deceptive acts or practices and by prohibiting the trade practices so defined or determined.|||Source. 1947, 189:1, par. 1, eff. June 12, 1947.|
NH Rev Stat § 417:2 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 417 - Unfair Insurance Trade Practices|Section 417:2 - Definitions.

    417:2 Definitions. –||I. The term "person" shall mean any individual, corporation, association, partnership, reciprocal exchange, inter-insurer, Lloyd's insurers, fraternal benefit society and any other legal entity, engaged in the business of insurance, including agents, brokers, and adjusters.||II. "Commissioner" shall mean the commissioner of insurance of this state.||III. "Creditor or lender" shall include their successors or assigns.|||Source. 1947, 189:1. RSA 417:2. 1986, 157:1, eff. May 28, 1986.|
NH Rev Stat § 417:3 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 417 - Unfair Insurance Trade Practices|Section 417:3 - Unfair Methods Prohibited.

    417:3 Unfair Methods Prohibited. –||No person shall engage in this state in any trade practice which is defined in this chapter or determined pursuant to this chapter as an unfair method of competition or an unfair or deceptive act or practice in the business of insurance.|||Source. 1947, 189:1, par. 3, eff. June 12, 1947.|
NH Rev Stat § 417:5 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 417 - Unfair Insurance Trade Practices|Section 417:5 - Power of Commissioner.

    417:5 Power of Commissioner. –||The commissioner shall have power to examine and investigate into the affairs of every person engaged in the business of insurance in this state in order to determine whether such person has been or is engaged in any unfair method of competition or any unfair or deceptive act or practice.|||Source. 1947, 189:1, par. 5, eff. June 12, 1947.|
NH Rev Stat § 417:5-a (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 417 - Unfair Insurance Trade Practices|Section 417:5-a - Cumulative Authority.

    417:5-a Cumulative Authority. –||The enumeration in this chapter of powers vested in the commissioner and of specific unfair methods of competition and unfair or deceptive acts and practices in the business of insurance is not exclusive or restrictive or intended to limit the powers of the commissioner or any court of review but the provisions of such chapter are in all respects cumulative of and supplemental to the insurance code and all other applicable New Hampshire statutes and common law.|||Source. 1971, 519:2, eff. Sept. 5, 1971.|
NH Rev Stat § 417:6 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 417 - Unfair Insurance Trade Practices|Section 417:6 - Notice of Hearing.

    417:6 Notice of Hearing. –||Whenever the commissioner shall have reason to believe that any such person has been engaged or is engaging in any unfair method of competition or any unfair or deceptive act or practice defined in RSA 417:4, and that a proceeding by the commissioner in respect thereto would be to the public interest, the commissioner shall issue and serve upon such person a statement of the charges and a notice of a hearing to be held at a time and place fixed in the notice, which shall not be less than 10 days after the date of the service of the notice. The notice of the hearing may be in the form of a notice to show cause, stating the proposed action to be taken unless such person shows cause at a hearing to be held as specified in the notice, why the proposed action should not be taken, and stating the basis of the proposed action.|||Source. 1947, 189:1, par. 6. RSA 417:6. 1971, 519:3. 1996, 238:9, eff. Jan. 1, 1997.|