reglab/housing_qa huggingface dataset:
NH Rev Stat § 411-A:33 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 411-A - Regulation of Investments of Life Insurance Companies|Section 411-A:33 - Time Limit for Disposal of Other Ineligible Property and Securities.

    411-A:33 Time Limit for Disposal of Other Ineligible Property and Securities. –||Any personal property or securities lawfully acquired by an insurer, which it could not otherwise have invested in or loaned its funds upon at the time of such acquisition, shall be disposed of within 5 years from date of acquisition, unless within such period the security has attained the standard of eligibility; except, that any security or personal property acquired under any agreement of bulk reinsurance, merger or consolidation may be retained for a longer period if so provided in the plan for such reinsurance, merger or consolidation as approved by the commissioner. The commissioner may by order grant, from time to time, reasonable extensions of the period, as specified in any such order, within which an insurer shall dispose of any such property or security. Nothing in this section shall be deemed to prohibit an insurer from holding property beyond the time limits provided, if such property is listed as a miscellaneous investment.|||Source. 1978, 11:1, eff. July 1, 1978.|
NH Rev Stat § 411-A:34 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 411-A - Regulation of Investments of Life Insurance Companies|Section 411-A:34 - Failure to Dispose of Real Estate or Securities; Effect; Penalty.

    411-A:34 Failure to Dispose of Real Estate or Securities;  Effect;  Penalty. –||I. Any real estate, personal property, or securities lawfully acquired and held by an insurer after expiration of the period for disposal thereof or any extension of such period granted by the commissioner as provided in RSA 411-A:32 and 411-A:33 shall not be allowed as an asset of the insurer, unless such real estate, personal property or securities are maintained by the insurer as miscellaneous investments.||II. The insurer shall forthwith dispose of any ineligible investment unlawfully acquired by it. If the insurer fails to dispose of the investment within a reasonable time, the commissioner may, upon hearing, suspend or revoke said insurer's certificate of authority or license for a period not to exceed 3 years, impose an administrative fine in lieu of such suspension or revocation, or take such other administrative action against the offending company as the commissioner, in his discretion, may determine.|||Source. 1978, 11:1, eff. July 1, 1978.|
NH Rev Stat § 411-A:35 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 411-A - Regulation of Investments of Life Insurance Companies|Section 411-A:35 - Prohibited Investment and Investments Underwriting.

    411-A:35 Prohibited Investment and Investments Underwriting. –||I. In addition to investments excluded pursuant to other provisions of this chapter, an insurer shall not invest in or lend its funds upon the security of:||(a) Issued shares of its own capital stock, except:||(1) For the purpose of mutualization; or||(2) For retirement; or||(3) Pursuant to a written plan for such investment or loan which plan shall be subject to the approval of the commissioner.||(b) Securities issued by any corporation or enterprise the controlling interest of which is, or will after such acquisition by the insurer be, held directly or indirectly by the insurer or any combination of the insurer and the insurer's directors, officers, subsidiaries, or controlling stockholders, and the spouses and children of any of the foregoing individuals. For purposes of this section, "controlling interest" shall be deemed to mean ownership of more than 50 percent of a corporation's stock. Investments in controlled insurance corporations or subsidiaries under RSA 411-A:12 and 411-A:13 are not subject to this provision.||(c) Any note or other evidence of indebtedness of any director, officer or controlling stockholder of the insurer or of the spouse or child of any of the foregoing except as to policy loans authorized under RSA 411-A:27 and except as to mortgage loans authorized under RSA 402:28.||II. No insurer shall underwrite or participate in the underwriting of an offering of securities or property of any other person. This provision shall not be deemed to prohibit:||(a) The acquisition and ownership by the insurer of its subsidiary corporation acting as investment adviser or principal underwriter of a management company or investment company registered with the Securities and Exchange Commission under the Investment Company Act of 1940, as amended.||(b) The registration by the insurer, under the Securities Act of 1933 or other applicable law, of restricted or other securities acquired and owned by it in regular course of business.||III. No insurer shall enter into any agreement to withhold from sale any of its securities or property, and the disposition of its assets shall at all times be within the control of the insurer.|||Source. 1978, 11:1, eff. July 1, 1978.|
NH Rev Stat § 411-A:36 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 411-A - Regulation of Investments of Life Insurance Companies|Section 411-A:36 - Investments of Foreign and Alien Life Insurance Companies.

    411-A:36 Investments of Foreign and Alien Life Insurance Companies. –||The investment portfolio of foreign or alien life insurance companies shall be as permitted by the laws of their domicile if of a quality substantially equal to that required under this chapter for similar funds of like domestic insurers.|||Source. 1978, 11:1, eff. July 1, 1978.|
NH Rev Stat § 411-A:36-a (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 411-A - Regulation of Investments of Life Insurance Companies|Section 411-A:36-a - Valuation of Securities.

    411-A:36-a Valuation of Securities. –||Securities held in accordance with the provisions of this chapter shall be valued in accordance with the published valuation standards of the Securities Valuation Office of the National Association of Insurance Commissioners.|||Source. 1992, 288:21, eff. Jan. 1, 1993.|
NH Rev Stat § 411-A:37 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 411-A - Regulation of Investments of Life Insurance Companies|Section 411-A:37 - Rules and Regulations.

    411-A:37 Rules and Regulations. –||The commissioner may issue such rules, regulations and orders as may be necessary to carry out the purpose and provisions of this chapter.|||Source. 1978, 11:1, eff. July 1, 1978.|
NH Rev Stat § 412:1 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 412 - Regulation of Forms and Rates for Property and Casualty Insurance|Section 412:1 - Purpose.

    412:1 Purpose. –||The purpose of this chapter is:||I. To protect policyholders and the public against the adverse effects of excessive, inadequate or unfairly discriminatory rates.||II. To promote price competition among insurers so as to provide rates that are responsive to competitive market conditions.||III. To cause the provision of price and other information to enable consumers to purchase insurance suitable for their needs and to foster competitive insurance markets.||IV. To improve availability, fairness, and reliability of insurance.||V. To provide regulatory procedures for the maintenance of appropriate data reporting systems as necessary to allow the commissioner to monitor degree of competition in the marketplace.||VI. To authorize essential cooperative action among insurers in the ratemaking process and to regulate such activity to prevent practices that tend to substantially lessen competition or create a monopoly.||VII. To encourage the most efficient and economical marketing practices.||VIII. To prohibit price fixing agreements and other anti-competitive behavior by insurers.||IX. To ensure that policy forms, endorsements, applications, or other contract language comply with provisions of the insurance laws and do not contain provisions which are inequitable, misleading, deceptive, or encourage misrepresentation.||X. To protect policyholders and the public against the adverse effects of any policy provision that is not in the public interest or is contrary to public policy.|||Source. 2003, 150:1. 2008, 212:3, eff. June 16, 2008.|
NH Rev Stat § 412:2 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 412 - Regulation of Forms and Rates for Property and Casualty Insurance|Section 412:2 - Scope of Chapter.

    412:2 Scope of Chapter. –||I. This chapter applies to all classes of property and casualty insurance that are now or may hereafter be written in any combination on risks or operations located in this state under the provisions of RSA 401:1, I, II, V, VI, VII, and VIII and any miscellaneous insurance under RSA 401:1-a that is designated by the commissioner to be regulated under this chapter.||II. This chapter shall not apply to:||(a) Reinsurance, other than statutorily authorized joint reinsurance mechanisms.||(b) Accident and health insurance.||(c) Life insurance and annuities.||(d) Insurance on vessels or craft, their cargoes, marine builders' risks, marine protection and indemnity, or other risks commonly insured under ocean marine, as determined by the commissioner.||(e) Title insurance, except as otherwise provided in RSA 416-A:17 and RSA 416-A:17-a.||(f) Insurance on hulls of aircraft, including their accessories and equipment, and liability resulting from the ownership, use or maintenance of aircraft.|||Source. 2003, 150:1. 2004, 156:1, eff. July 23, 2004. 2017, 55:1, eff. Aug. 1, 2017.|
NH Rev Stat § 412:4 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 412 - Regulation of Forms and Rates for Property and Casualty Insurance|Section 412:4 - Consumer Information.

    412:4 Consumer Information. –||I. The commissioner may utilize, develop, or cause to be developed consumer information which shall be provided on a readily available basis to purchasers of homeowners, private passenger nonfleet automobile, or property insurance for personal, family, or household needs.||II. The commissioner may utilize, develop, or cause to be developed consumer information which shall be provided on a readily available basis to purchasers of insurance for commercial risks and personal risks not otherwise specified herein.||III. Such consumer information may be developed internally within the insurance department, in cooperation with other state insurance departments, through outside contractors or in any other appropriate manner. Insurers, advisory organizations, statistical agents, and other persons or organizations involved in conducting the business of insurance in this state, to which this section applies, shall reasonably cooperate upon request in the development and utilization of consumer information.|||Source. 2003, 150:1, eff. Jan. 1, 2004.|
NH Rev Stat § 412:6 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 412 - Regulation of Forms and Rates for Property and Casualty Insurance|Section 412:6 - Prepayment of Judgment Prohibited.

    412:6 Prepayment of Judgment Prohibited. –||No corporation or other insurer shall issue or deliver any policy of insurance against loss or expense by reason of claims made upon the insured for damages on account of bodily injuries suffered by an employee of the insured, or by any other person, or on account of damage to or the destruction of property, or wrongful acts and economic damages, which shall contain any provision making, or purporting to make, the pre-payment of any judgment that may be recovered against the insured upon any claim covered by the policy a condition precedent to any right of action against the insurer upon said policy; but every such policy shall contain an agreement in clear and explicit terms binding the insurer, to the extent of the liability assumed by the policy, to pay and satisfy any such judgment, and to protect the insured against the levy of any execution issued upon the same.|||Source. 2003, 150:1, eff. Jan. 1, 2004.|
NH Rev Stat § 412:6-a (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 412 - Regulation of Forms and Rates for Property and Casualty Insurance|Section 412:6-a - Changes in Coverage.

    412:6-a Changes in Coverage. –||I. In the event that a company or filing or advisory organization eliminates or reduces coverages, conditions, or definitions in its policies issued under this section other than at the request of a policyholder, the company shall attach to the policy at renewal a printed notice in each such policy explaining clearly what coverages, conditions, or definitions have been eliminated or reduced. If explanations of such reduced or eliminated coverages are not contained in the printed notice attached to its policies at renewal, then such coverages, conditions, or definitions shall remain in full force and effect without such reductions or eliminations.||II. Except as provided in paragraph III, no insurance policy renewal shall add any stand-alone, premium bearing coverage unless such coverage is added at the request of the policyholder or is due to a requirement imposed by law.||III. If the policyholder has not requested that new premium bearing coverage be added to a policy upon renewal, but such coverage is added because the company is replacing coverage or a policy that the company no longer offers, the company shall provide a printed notice explaining clearly what coverage has been added and how to obtain information concerning premium impact.||IV. The requirements of this section shall apply to such policies renewed or endorsed with the same company, or a group of companies affiliated by ownership or contractual relationship encompassing joint operations or processes as filed and approved by the commissioner.|||Source. 2004, 156:2. 2006, 196:6. 2009, 215:7, eff. Sept. 13, 2009. 2018, 132:3, eff. July 29, 2018.|
NH Rev Stat § 412:7 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 412 - Regulation of Forms and Rates for Property and Casualty Insurance|Section 412:7 - Policies; Forms.

    412:7 Policies;  Forms. –||For policies of insurance issued to large commercial policyholders defined in RSA 412:3, XI, the filing requirements for forms or policy contracts shall not apply, except that:||I. All policies issued pursuant to the provisions of this chapter shall contain a conspicuous disclaimer printed in at least 10-point, bold-faced type that states that the policy applied for, including the rates, rating plans, resulting premiums, and the policy forms, are not subject to the rate and form requirements of this state and other provisions of the insurance law that apply to other commercial products and may contain significant differences from a policy that is subject to all provisions of the insurance law. Such notice shall set forth possible differences in policy conditions, forms, and endorsements, as compared to a policy that is subject to all of the provisions of the insurance law. The commissioner may prescribe the format and provisions of such notice. The disclosure notice shall also include a policyholder's acknowledgment statement, to be signed and dated prior to the effective date of the coverage, and shall remain on file with the insurer.||II. In procuring insurance, a large commercial policyholder shall certify that it meets the eligibility requirements set out in RSA 412:3, XI and specify the requirements that the policyholder has met. This certification is to be completed annually and remain on file with the insurer.||III. A surplus lines broker seeking to obtain or provide insurance for a large commercial policyholder is not authorized to purchase insurance from any eligible unauthorized insurer without making a diligent search of authorized insurers as required by RSA 405:24.|||Source. 2003, 150:1. 2004, 156:3, eff. July 23, 2004.|
NH Rev Stat § 412:8 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 412 - Regulation of Forms and Rates for Property and Casualty Insurance|Section 412:8 - Requirements of Coverage.

    412:8 Requirements of Coverage. –||I. No insurer shall issue any motor vehicle liability policy, with respect to any motor vehicle registered or principally garaged in this state, that does not provide at least the minimum coverage set forth in RSA 264.||II. No liability policy issued with respect to any motor vehicle registered or principally garaged in this state that insures against personal risk shall contain any exclusion which would preclude coverage for intra-family or inter-spousal claims.||III. When an automobile insurance policy contains coverage for physical damage by reason of collision, any deductible amount of such coverage shall not apply if the damage is caused by an uninsured motor vehicle, including a motor vehicle which is uninsured within the definition of RSA 259:117, and the operator of the uninsured vehicle has been positively identified and is solely at fault.|||Source. 2003, 150:1. 2009, 215:5. 2014, 31:8, eff. July 26, 2014. 2017, 55:4, eff. Aug. 1, 2017.|
NH Rev Stat § 412:9 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 412 - Regulation of Forms and Rates for Property and Casualty Insurance|Section 412:9 - Prohibition on Nonresident Automobile Insurance.

    412:9 Prohibition on Nonresident Automobile Insurance. –||Policies of automobile insurance, as defined in RSA 417-A, shall only be issued and renewed to residents of the state of New Hampshire, except that such policies shall also be permitted to be sold to any person if the vehicle insured is exclusively garaged in New Hampshire. Notwithstanding any other provision of law to the contrary, no individual shall be provided coverage under a policy of automobile insurance, as defined in RSA 417-A, if such applicant or applicants have been determined by the insurer to have intentionally misrepresented their residency status or exclusive garaging status at the time of initial application or renewal. Payment shall be made by the insurer with respect to accidents for all valid bodily injury and property damage liability claims and all valid uninsured motorist claims by individuals other than the applicant or applicants who made the intentional misrepresentation. However, the insurer shall be legally entitled to reimbursement by the policyholder for all such paid claims.|||Source. 2003, 150:1, eff. Jan. 1, 2004. 2021, 147:1, eff. Sept. 21, 2021.|
NH Rev Stat § 412:10 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 412 - Regulation of Forms and Rates for Property and Casualty Insurance|Section 412:10 - Repealed by 2004, 156:8, II, eff. July 23, 2004.

    412:10 Repealed by 2004, 156:8, II, eff. July 23, 2004. –|
NH Rev Stat § 412:11 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 412 - Regulation of Forms and Rates for Property and Casualty Insurance|Section 412:11 - Cancellation Because of Age; Prohibited.

    412:11 Cancellation Because of Age;  Prohibited. –||No insurance company authorized to transact business in this state, which insures against loss by reason of the liability to pay damages to others for damage to property or bodily injury including death, arising from the operation, maintenance, or use of motor vehicles within this state, shall cancel, reduce liability limits, refuse to renew or increase the premium of any such motor vehicle policy for the sole reason that the person to whom such policy has been issued has reached a certain age.|||Source. 2003, 150:1, eff. Jan. 1, 2004.|
NH Rev Stat § 412:12 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 412 - Regulation of Forms and Rates for Property and Casualty Insurance|Section 412:12 - Physical Examinations.

    412:12 Physical Examinations. –||When an insurer requires any person to submit to a physical examination as a prerequisite to issuance or delivery of any motor vehicle liability policy, the insurer shall assume and pay the cost of the physical examination.|||Source. 2003, 150:1, eff. Jan. 1, 2004.|
NH Rev Stat § 412:13 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 412 - Regulation of Forms and Rates for Property and Casualty Insurance|Section 412:13 - Competitive Market.

    412:13 Competitive Market. –||A competitive market is presumed to exist unless the commissioner, after hearing, determines that a reasonable degree of competition does not exist in the market and the commissioner issues a ruling to that effect. Such ruling shall expire no later than 2 years after issue unless the commissioner renews the ruling after hearings and a finding as to the continued lack of a reasonable degree of competition. In determining whether a reasonable degree of competition exists, the commissioner shall consider relevant tests of workable competition pertaining to market structure, market performance and market conduct and the practical opportunities available to consumers in the market to acquire pricing and other consumer information and to compare and obtain insurance from competing insurers as further described in RSA 412:14.|||Source. 2003, 150:1, eff. Jan. 1, 2004. 2019, 101:1, eff. Aug. 20, 2019.|
NH Rev Stat § 412:14 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 412 - Regulation of Forms and Rates for Property and Casualty Insurance|Section 412:14 - Monitoring Competition.

    412:14 Monitoring Competition. –||I. In determining whether or not a competitive market exists pursuant to RSA 412:13, the commissioner shall monitor the degree of competition in this state. In doing so, the commissioner shall utilize existing relevant information, analytical systems and other sources; cause or participate in the development of new relevant information, analytical systems and other sources; or rely on some combination thereof. Such activities may be conducted internally within the insurance department, in cooperation with other state insurance departments, through outside contractors or in any other appropriate manner.||II. All of the following may be considered by the commissioner:||(a) The extent to which the largest insurer groups control the insurance marketplace.||(b) Whether the total number of companies writing the form of insurance in this state is sufficient to provide multiple options to the public.||(c) The extent to which insurer entries and exits, considered over several years, suggest the presence or lack of entry or exit barriers or both.||(d) The degree to which the insurance products offered to consumers are homogenous in nature and, thus, comparable.||(e) The availability of insurance coverage in all geographic areas. A review of changes in residual market shares, if applicable, may be used as an indication of availability.||(f) The overall rate level which is not excessive, inadequate, or unfairly discriminatory.||(g) The trend in price level for each type of insurance.||(h) The profitability of each form of insurance over a period of several years.||(i) The level of knowledge of market participants and the extent to which comparative pricing information has been made readily available to consumers.||(j) The extent to which the market for each type of insurance is growing.||(k) The presence of conditions indicating reverse competition.||(l) Any other factors customarily reviewed and considered relevant.||III. For the purpose of carrying out the provisions of this section, the commissioner may, at any time, request information or data from insurers authorized to conduct business in this state that the commissioner believes relevant to monitoring and maintaining a competitive market.|||Source. 2003, 150:1. 2005, 248:11. 2006, 196:7, eff. July 30, 2006.|