reglab/housing_qa huggingface dataset:
RI Gen L § 27-4.7-8 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.7 - Risk-Based Capital (RBC) For Health Organizations Act|Section 27-4.7-8 - Hearings.

§ 27-4.7-8. Hearings.Upon the occurrence of any of the following events the health organization has the right to a confidential department hearing, on the record, at which the health organization may challenge any determination or action by the commissioner. The health organization shall notify the commissioner of its request for a hearing within five (5) days after the notification by the commissioner under subdivisions (1), (2), (3), or (4) of this section. Upon receipt of the health organization's request for a hearing, the commissioner shall set a date for the hearing, which shall be no less than ten (10) days nor more than thirty (30) days after the date of the health organization's request. The events include:(1) Notification to a health organization by the commissioner of an adjusted RBC report;(2) Notification to a health organization by the commissioner that:(i) The health organization's RBC plan or revised RBC plan is unsatisfactory; and(ii) Notification constitutes a regulatory action level event with respect to the health organization;(3) Notification to a health organization by the commissioner that the health organization has failed to adhere to its RBC plan or revised RBC plan and that the failure has a substantial adverse effect on the ability of the health organization to eliminate the company action level event with respect to the health organization in accordance with its RBC plan or revised RBC plan; or(4) Notification to a health organization by the commissioner of a corrective order with respect to the health organization.History of Section.P.L. 2000, ch. 178, § 1; P.L. 2000, ch. 200, § 11; P.L. 2000, ch. 229, § 11.
RI Gen L § 27-4.7-9 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.7 - Risk-Based Capital (RBC) For Health Organizations Act|Section 27-4.7-9 - Confidentiality - Prohibition on announcements - Prohibition on use in ratemaking.

§ 27-4.7-9. Confidentiality — Prohibition on announcements — Prohibition on use in ratemaking.(a) All RBC reports (to the extent the information is not required to be set forth in a publicly available annual statement schedule) and RBC plans (including the results or report of any examination or analysis of a health organization performed pursuant to this chapter and any corrective order issued by the commissioner pursuant to examination or analysis) with respect to a domestic health organization or foreign health organization that are filed with the commissioner constitute information that might be damaging to the health organization if made available to its competitors, and shall be kept confidential by the commissioner. This information shall not be made public or be subject to subpoena, other than by the commissioner and then only for the purpose of enforcement actions taken by the commissioner pursuant to this chapter or any other provision of the insurance laws of this state.(b) It is the judgment of the legislature that the comparison of a health organization's total adjusted capital to any of its RBC levels is a regulatory tool which may indicate the need for corrective action with respect to the health organization, and is not intended as a means to rank health organizations generally. Except as required under the provisions of this chapter, the making, publishing, disseminating, circulating, or placing before the public, or causing, directly or indirectly to be made, published, disseminated, circulated, or placed before the public, in a newspaper, magazine, or other publication, or in the form of a notice, circular, pamphlet, letter, or poster, or over a radio or television station, or in any other way, an advertisement, announcement, or statement containing an assertion, representation, or statement with regard to the RBC levels of any health organization, or of any component derived in the calculation, by any health organization, agent, broker, or other person engaged in any manner in the insurance business, would be misleading and is prohibited; provided, that if any materially false statement with respect to the comparison regarding a health organization's total adjusted capital to its RBC levels (or any of them) or an inappropriate comparison of any other amount to the health organization's RBC levels is published in any written publication and the health organization is able to demonstrate to the commissioner with substantial proof the falsity of the statement, or the inappropriateness, then the health organization may publish an announcement in a written publication, if the sole purpose of the announcement is to rebut the materially false statement.History of Section.P.L. 2000, ch. 178, § 1; P.L. 2000, ch. 200, § 11; P.L. 2000, ch. 229, § 11.
RI Gen L § 27-4.7-10 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.7 - Risk-Based Capital (RBC) For Health Organizations Act|Section 27-4.7-10 - Supplemental provisions - Rules - Exemption.

§ 27-4.7-10. Supplemental provisions — Rules — Exemption.(a) The provisions of this chapter are supplemental to any other provisions of the laws of this state, and shall not preclude or limit any other powers or duties of the commissioner under those laws, including, but not limited to, chapters 41, 19, 20, 20.1, 20.2, 20.3, 14.1, 14.2, and 14.3 of this title. The provisions of this chapter shall supersede any provisions of this title in conflict with this chapter.(b) The commissioner may adopt reasonable rules necessary for the implementation of this chapter.(c) The commissioner may exempt from the application of this chapter or modify the requirements of this chapter for:(1) A domestic health organization that:(i) Writes direct business only in this state;(ii) Assumes no reinsurance in excess of five percent (5%) of direct premium written; and(iii) Writes direct annual premiums for comprehensive medical business of two million dollars ($2,000,000) or less; or(iv) Is a limited health service organization that covers less than two thousand (2,000) lives; or(2) A domestic health organization that provides a plan of health insurance, health benefits, or health services to members, eighty-five percent (85%) or greater of which are participants in the RIte Care program administered by the State of Rhode Island, if the health organization has contracts with insurers, hospital or medical service corporations, governments, or other organizations that are sufficient to reasonably assure the performance of its obligations; provided, that in no event shall the net worth or total adjusted capital requirement be less than one hundred thousand dollars ($100,000).History of Section.P.L. 2000, ch. 178, § 1; P.L. 2000, ch. 200, § 11; P.L. 2000, ch. 229, § 11; P.L. 2008, ch. 475, § 75.
RI Gen L § 27-4.7-11 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.7 - Risk-Based Capital (RBC) For Health Organizations Act|Section 27-4.7-11 - Foreign health organizations.

§ 27-4.7-11. Foreign health organizations.(a) (1) A foreign health organization shall, upon the written request of the commissioner, submit to the commissioner an RBC report as of the end of the calendar year just ended the later of:(i) The date an RBC report would be required to be filed by a domestic health organization under this chapter;(ii) Fifteen (15) days after the request is received by the foreign health organization.(2) A foreign health organization shall, at the written request of the commissioner, promptly submit to the commissioner a copy of any RBC plan that is filed with the insurance commissioner of any other state.(b) In the event of a company action level event, regulatory action level event, or authorized control level event with respect to a foreign health organization as determined under the RBC statute applicable in the state of domicile of the health organization (or, if no RBC statute is in force in that state, under the provisions of this chapter), if the insurance commissioner of the state of domicile of the foreign health organization fails to require the foreign health organization to file an RBC plan in the manner specified under that state's RBC statute (or, if no RBC statute is in force in that state, under § 27-4.7-4), the commissioner may require the foreign health organization to file an RBC plan with the commissioner. In that event, the failure of the foreign health organization to file an RBC plan with the commissioner is grounds to order the health organization to cease and desist from writing new insurance business in this state.(c) In the event of a mandatory control level event with respect to a foreign health organization, if no domiciliary receiver has been appointed with respect to the foreign health organization under the rehabilitation and liquidation statute applicable in the state of domicile of the foreign health organization, the commissioner may make application to the superior court of the county of Providence permitted under chapter 14.3 of this title with respect to the liquidation of property of foreign health organizations found in this state, and the occurrence of the mandatory control level event shall be considered adequate grounds for the application.History of Section.P.L. 2000, ch. 178, § 1; P.L. 2000, ch. 200, § 11; P.L. 2000, ch. 229, § 11; P.L. 2008, ch. 475, § 75.
RI Gen L § 27-4.7-12 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.7 - Risk-Based Capital (RBC) For Health Organizations Act|Section 27-4.7-12 - Immunity.

§ 27-4.7-12. Immunity.There shall be no liability on the part of, and no cause of action shall arise against, the commissioner or the insurance department or its employees or agents for any action taken by them in the performance of their powers and duties under this chapter.History of Section.P.L. 2000, ch. 178, § 1; P.L. 2000, ch. 200, § 11; P.L. 2000, ch. 229, § 11.
RI Gen L § 27-4.7-13 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.7 - Risk-Based Capital (RBC) For Health Organizations Act|Section 27-4.7-13 - Severability.

§ 27-4.7-13. Severability.If any provision of this chapter, or its application to any person or circumstance, is held invalid, that determination shall not affect the provisions or applications of this chapter that can be given effect without the invalid provision or application, and to that end the provisions of this chapter are severable.History of Section.P.L. 2000, ch. 178, § 1; P.L. 2000, ch. 200, § 11; P.L. 2000, ch. 229, § 11.
RI Gen L § 27-4.7-14 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.7 - Risk-Based Capital (RBC) For Health Organizations Act|Section 27-4.7-14 - Notices.

§ 27-4.7-14. Notices.All notices by the commissioner to a health organization that may result in regulatory action under this chapter shall be effective upon dispatch if transmitted by registered or certified mail, or in the case of any other transmission shall be effective upon the health organization's receipt of notice.History of Section.P.L. 2000, ch. 178, § 1; P.L. 2000, ch. 200, § 11; P.L. 2000, ch. 229, § 11.
RI Gen L § 27-4.7-15 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.7 - Risk-Based Capital (RBC) For Health Organizations Act|Section 27-4.7-15 - Repealed.

§ 27-4.7-15. Repealed.
RI Gen L § 27-4.7-16 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.7 - Risk-Based Capital (RBC) For Health Organizations Act|Section 27-4.7-16 - Prior notification of discontinuance of health insurance coverage.

§ 27-4.7-16. Prior notification of discontinuance of health insurance coverage.(a) At any time that a health organization elects to discontinue providing all health benefit plans to either individual or group policyholders in this state, the health organization shall provide written notice of this decision to the director of health and the director of the department of business regulation and to all affected health benefit plan group and individual policyholders at least one hundred eighty (180) days prior to the planned date of discontinuation of all health benefit plans by the health organization. Notice to the director of health and the director of the department of business regulation shall be provided at least five (5) working days prior to the notice to affected enrollees.(b) Any health organization in violation of this notification requirement is subject to an administrative penalty in an amount not less than five hundred dollars ($500) nor more than fifty thousand dollars ($50,000).History of Section.P.L. 2000, ch. 200, § 11; P.L. 2000, ch. 229, § 11.
RI Gen L § 27-4.8-2 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.8 - Group Life Insurance|Section 27-4.8-2 - Limits of group life insurance.

§ 27-4.8-2. Limits of group life insurance.Group life insurance offered to a resident of this state under a group life insurance policy issued to a group other than one described in section 27-4.8-1 shall be subject to the following requirements:(1) A group life insurance policy shall not be delivered in this state unless the commissioner finds that:(i) The issuance of the group policy is not contrary to the best interest of the public;(ii) The issuance of the group policy would result in economies of acquisition or administration; and(iii) The benefits are reasonable in relation to the premiums charged.(2) A group life insurance coverage may not be offered in this state by an insurer under a policy issued in another state unless this state or another state having requirements substantially similar to those contained in subdivisions (i), (ii), and (iii) has made a determination that the requirements have been met.(3) The premium for the policy shall be paid either from the policyholder's funds or from funds contributed by the covered persons, or from both.(4) An insurer may exclude or limit the coverage on any person as to whom evidence of individual insurability is not satisfactory to the insurer.History of Section.P.L. 2009, ch. 299, § 1; P.L. 2009, ch. 300, § 1.
RI Gen L § 27-4.8-3 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.8 - Group Life Insurance|Section 27-4.8-3 - Notice of compensation.

§ 27-4.8-3. Notice of compensation.(a) With respect to a program of insurance which, if issued on a group basis, would not qualify under § 27-4.8-1 of this act, the insurer shall cause to be distributed to prospective insureds a written notice that compensation will or may be paid, if compensation of any kind will or may be paid to:(1) A policyholder or sponsoring or endorsing entity in the case of a group policy; or(2) A sponsoring or endorsing entity in the case of individual, blanket or franchise policies marketed by means of direct response solicitation.(b) The notice shall be distributed:(1) Whether compensation is direct or indirect; and(2) Whether the compensation is paid to or retained by the policyholder or sponsoring or endorsing entity, or paid to or retained by a third-party at the direction of the policyholder or sponsoring or endorsing entity, or an entity affiliated therewith by way of ownership, contract or employment.(c) The notice required by this section shall be placed on or accompany an application or enrollment form provided to prospective insureds.(d) The following terms shall have the meanings indicated:(1) "Direct response solicitation" means a solicitation through a sponsoring or endorsing entity through the mails, telephone or other mass communications media;(2) "Sponsoring or endorsing entity" means an organization that has arranged for the offering of a program of insurance in a manner that communicates that eligibility for participation in the program is dependent upon affiliation with the organization or that it encourages participation in the program.History of Section.P.L. 2009, ch. 299, § 1; P.L. 2009, ch. 300, § 1.
RI Gen L § 27-4.8-4 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.8 - Group Life Insurance|Section 27-4.8-4 - Dependent group life insurance.

§ 27-4.8-4. Dependent group life insurance.Except for a policy issued under § 27-4.8-1(2), a group life insurance policy may be extended to insure the employees or members against loss due to the death of their spouses and dependent children, or any class or classes thereof, subject to the following:(1) The premium for the insurance shall be paid either from funds contributed by the employer, union, association or other person to whom the policy has been issued, or from funds contributed by the covered persons, or from both. Except as provided in subdivision (2), a policy on which no part of the premium for the spouse's and dependent child's coverage is to be derived from funds contributed by the covered persons shall insure all eligible employees or members with respect to their spouses and dependent children, or any class or classes thereof.(2) An insurer may exclude or limit the coverage on any spouse or dependent child as to whom evidence of individual insurability is not satisfactory to the insurer.(3) [Deleted by P.L. 2013, ch. 31, § 3, and P.L. 2013, ch. 36, § 3].History of Section.P.L. 2009, ch. 299, § 1; P.L. 2009, ch. 300, § 1; P.L. 2013, ch. 31, § 3; P.L. 2013, ch. 36, § 3.
RI Gen L § 27-4.8-6 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.8 - Group Life Insurance|Section 27-4.8-6 - Supplementary bill relating to conversion privileges.

§ 27-4.8-6. Supplementary bill relating to conversion privileges.If an individual insured under a group life-insurance policy hereafter delivered in this state becomes entitled under the terms of the policy to have an individual policy of life insurance issued without evidence of insurability, subject to making of application and payment of the first premium within the period specified in the policy, and if the individual is not given notice of the existence of the right at least fifteen (15) days prior to the expiration date of the period, then in that event, the individual shall have an additional period within which to exercise the right, but nothing herein contained shall be construed to continue any insurance beyond the period provided in the policy. This additional period shall expire fifteen (15) days next after the individual is given notice, but in no event shall the additional period extend beyond sixty (60) days after the expiration date of the period provided in the policy. The notice shall clearly set forth the required conversion process. The notice may include the conversion provisions of the policy and certificate, but the notice may not just make reference to these provisions. The notice does not require prior approval, but the insurer is responsible to assure that the notice is clear and provides all the necessary information. If the insurer allows the conversion notice to be delivered by the employer, the insurer shall ensure that no other employer notice is included with the conversion notice. Written notice presented to the individual or mailed by the policy holder to the last-known address of the individual or mailed by the insurer to the last-known address of the individual as furnished by the policyholder shall constitute notice for the purpose of this paragraph.History of Section.P.L. 2009, ch. 299, § 1; P.L. 2009, ch. 300, § 1; P.L. 2016, ch. 376, § 3; P.L. 2016, ch. 392, § 3.
RI Gen L § 27-4.9-1 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.9 - Beneficiaries' Bill of Rights|Section 27-4.9-1 - Short title.

§ 27-4.9-1. Short title.This chapter shall be known and may be cited as the "Beneficiaries' Bill of Rights Act of 2011."History of Section.P.L. 2011, ch. 339, § 1; P.L. 2011, ch. 370, § 1.
RI Gen L § 27-4.9-2 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.9 - Beneficiaries' Bill of Rights|Section 27-4.9-2 - Purpose.

§ 27-4.9-2. Purpose.The purpose of this chapter is to require complete and proper disclosure, transparency, and accountability relating to any method of payment for life insurance death benefits and require that beneficiaries are fully informed in bold type and in layman's language of their options.History of Section.P.L. 2011, ch. 339, § 1; P.L. 2011, ch. 370, § 1.
RI Gen L § 27-4.9-3 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.9 - Beneficiaries' Bill of Rights|Section 27-4.9-3 - Definitions.

§ 27-4.9-3. Definitions.As used in this section:(1) "Policy" means any policy or certificate of life insurance that provides a death benefit.(2) "Retained asset account" means any mechanism whereby the settlement of proceeds payable under a life insurance policy, including, but not limited to, the payment of cash surrender value, is accomplished by the insurer or an entity acting on behalf of the insurer depositing the proceeds into an account, where those proceeds are retained by the insurer, pursuant to a supplementary contract not involving annuity benefits.History of Section.P.L. 2011, ch. 339, § 1; P.L. 2011, ch. 370, § 1.
RI Gen L § 27-4.9-4 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.9 - Beneficiaries' Bill of Rights|Section 27-4.9-4 - General requirements.

§ 27-4.9-4. General requirements.(a) An insurer may not use a retained asset account as the mode of settlement unless the insurer discloses such option to the beneficiary or the beneficiary's legal representative prior to the transfer of the death benefit to a retained asset account.(b) A beneficiary shall be informed of his or her rights to receive a lump-sum payment of life insurance proceeds in the form of a bank check or other form of immediate full payment of benefits.History of Section.P.L. 2011, ch. 339, § 1; P.L. 2011, ch. 370, § 1.
RI Gen L § 27-4.9-5 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-4.9 - Beneficiaries' Bill of Rights|Section 27-4.9-5 - Disclosure requirements.

§ 27-4.9-5. Disclosure requirements.(a) A complete listing and clear explanation of all of the life insurance proceeds payment options available to the beneficiary in written or electronic format shall accompany the tender of other than a lump sum payment of a life insurance death benefit.(b) The use of a retained asset account shall require in the description and explanation pursuant to subsection (a) herein the following:(1) The recommendation to consult a tax, investment, or other financial advisor regarding tax liability and investment options;(2) The initial interest rate, when and how interest rates may change, and any dividends and other gains that may be paid or distributed to the account holder;(3) The custodian of the funds or assets of the account;(4) The coverage guaranteed by the Federal Deposit Insurance Corporation (FDIC), if any, and the amount of such coverage;(5) The limitations, if any, on the numbers and amounts of withdrawals of funds from the account, including any minimum or maximum benefit payment amounts;(6) The delays, if any, that the account holder may encounter in completing authorized transactions and the anticipated duration of such delays;(7) The services provided for a fee, including a list of the fees or the method of their calculation;(8) The nature and frequency of statements of account;(9) The payment of some or all of the proceeds of the death benefit may be by the delivery of checks, drafts, or other instruments to access the available funds;(10) The entire proceeds are available to the account holder by the use of one such check, draft, or other instrument;(11) The insurer or a related party may derive income, in addition to any fees charged on the account, from the total gains received on the investment of the balance of funds in the account;(12) The telephone number, address, and other contact information, including website address, to obtain additional information regarding the account; and(13) The following statement: "For further information, please contact the department of business regulation."(c) The writings produced to satisfy the requirements of this section shall be in easy-to-understand language and bold or at least twelve (12) point type.History of Section.P.L. 2011, ch. 339, § 1; P.L. 2011, ch. 370, § 1.