reglab/housing_qa huggingface dataset:
TN Code § 56-5-121 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 5 - Rates and Rating Organizations|Part 1 - General Provisions|§ 56-5-121. Interchange of Data for Rating Plans — Cooperative Activities

  Reasonable rules and plans may be promulgated by the commissioner for the interchange of data necessary for the application of rating plans.   In order to further conform administration of rate regulatory laws, the commissioner and every insurer and the advisory organization designated by the commissioner may exchange information and experience data with insurance supervisory officials, insurers and advisory organizations in other states and may consult with them with respect to rate making and the application of rating systems.   Cooperation among advisory organizations, or among advisory organizations and insurers in rate making or in other matters within the scope of this chapter is authorized, but the filings resulting from the cooperation are subject to this chapter. The commissioner, with the assistance of the attorney general and reporter, may review the cooperative activities and practices. If after a hearing the activity or practice is found to violate this chapter, the commissioner may issue a written order specifying that the activity or practice violates this chapter and requiring the discontinuance of the activity.
TN Code § 56-5-122 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 5 - Rates and Rating Organizations|Part 1 - General Provisions|§ 56-5-122. Exempt Commercial Risk Policyholders

  For purposes of this section:  “Exempt commercial risk policyholder” means an insured that either employs the services of an insurance producer licensed in property or casualty lines of authority or procures commercial risk insurance with the services of a full-time risk manager, and:  Is a city, county, or metropolitan government with a population of at least fifty thousand (50,000), according to the 2010 federal census or any subsequent census;   Is this state;   Is a not-for-profit organization or a public entity with an annual budget of at least twenty-five million dollars ($25,000,000) in the preceding fiscal year; or   Is a commercial risk policyholder that annually certifies to the department on a form designated by the department that the policyholder:   Possesses a net worth of more than ten million dollars ($10,000,000) at the time the policy of insurance is issued;   Generated net revenue or sales of more than fifteen million dollars ($15,000,000) in the preceding fiscal year;   Employs more than twenty-five (25) employees per individual company or fifty (50) employees per holding company at the time the policy of insurance is issued; and   Paid annual aggregate insurance premiums of at least two hundred thousand dollars ($200,000) in the preceding fiscal year of commercial risk insurance as defined in § 56-5-102, excluding any premiums paid for accident and health insurance and workers’ compensation and employer's liability insurance as defined in § 56-2-201; and       “Risk manager” means a person who:  Holds an Accredited Advisor in Insurance (AAI) or Associate in Risk Management (ARM) designation for property and casualty lines of authority;   Holds a risk management in insurance degree from an accredited college or university for property and casualty lines of authority; or   Is qualified by experience, as determined by the commissioner.       Section 56-5-106(a) does not apply to a commercial risk policy issued to an exempt commercial risk policyholder by an insurer of commercial risk insurance.   An insurer of commercial risk insurance is subject to the penalties provided in § 56-2-305 if the:  Insurer does not comply with § 56-5-106(a) relative to a commercial risk insurance policy issued to a commercial risk policyholder; and   Policyholder has not filed a certification as required by subdivision (a)(1)(D).     The certification form filed by a commercial risk policyholder pursuant to subdivision (a)(1)(D) shall be confidential and not subject to title 10, chapter 7, part 5.   Any application or policy issued to an exempt commercial risk policyholder must contain a disclaimer in language the same as or substantially similar to the following:  The rate provided for in this policy and all forms utilized are exempt from the filing requirements of Tenn. Code Ann. § 56-5-106.
TN Code § 56-5-123 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 5 - Rates and Rating Organizations|Part 1 - General Provisions|§ 56-5-123. Commercial Lines Insurer’s Obligation to Furnish Loss Run History to Insured

  Within ten (10) business days of receipt of a written request from an insured or an insured's designee, a commercial lines insurer shall furnish directly to the person designated in the request, a copy of the insured's loss run history for up to the previous three (3) years, or complete loss run history with the insurer if the history is less than three (3) years. A written request includes communications made by email or fax. For the purposes of this section, “receipt” means receipt by an individual or entity designated by an insurer to receive loss run history requests.   If the insurer fails to provide the requested information within the time allowed in this section, the failure shall be a violation of the Tennessee Unfair Trade Practices and Unfair Claims Settlement Act of 2009, compiled in chapter 8, part 1 of this title, and any requestor may seek enforcement and any remedies allowed pursuant to that chapter. The commissioner may take action in accordance with § 56-2-305 for the violation of subsection (a).   Notwithstanding this part to the contrary, no insurer shall charge any fees to prepare and furnish one (1) three-year loss run history. However, if the insurer provides the loss run history via electronic means, then the insurer may charge a reasonable fee to provide a hard copy of the same report.
TN Code § 56-5-201 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 5 - Rates and Rating Organizations|Part 2 - Restrictions on Use of Credit Scores|§ 56-5-201. Part Definitions

 As used in this part, unless the context otherwise requires:   “Adverse action” means a denial or cancellation of, an increase in any charge for, or a reduction or other adverse or unfavorable change in the terms of coverage or amount of, any insurance, existing or applied for, in connection with the underwriting of personal insurance. An offer of placement with an affiliate insurer does not constitute adverse action, a refusal to insure, cancellation or nonrenewal of coverage;   “Affiliate” means any company that controls, is controlled by, or is under common control with another company;   “Consumer” means an insured whose credit information is used or whose insurance score is calculated in the underwriting or rating of a personal insurance policy or an applicant for the policy;   “Consumer reporting agency” means any entity that, for monetary fees, dues, or on a cooperative nonprofit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information on consumers for the purpose of furnishing consumer reports to third parties;   “Credit information” means any credit-related information derived from a credit report, found on a credit report itself, or provided on an application for personal insurance. Information that is not credit-related shall not be considered “credit information,” regardless of whether it is contained in a credit report or in an application, or is used to calculate an insurance score;   “Credit report” means any written, oral, or other communication of information by a consumer reporting agency bearing on a consumer's creditworthiness, credit standing or credit capacity that is used or expected to be used or collected in whole or in part for the purpose of serving as a factor to determine personal insurance premiums, eligibility for coverage, or tier placement;   “Insurance score” means a number or rating that is derived from an algorithm, computer application, model, or other process that is based in whole or in part on credit information for the purposes of predicting the future insurance loss exposure of an individual applicant or insured; and   “Personal insurance,” for the purposes of this part, means private passenger automobile, homeowners, motorcycle, manufactured home owners, noncommercial dwelling fire insurance, boat, personal watercraft, and recreational vehicle policies when those policies are individually underwritten for personal, family or household use.
TN Code § 56-5-203 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 5 - Rates and Rating Organizations|Part 2 - Restrictions on Use of Credit Scores|§ 56-5-203. Notice to Consumer of Adverse Action

 If an insurer takes an adverse action based on factors that include credit information, the insurer must provide notice to the consumer that an adverse action has been taken. That notice must contain the reason or reasons for the adverse action, described in sufficiently clear and specific language so that a person can identify the basis for the insurer's decision to take an adverse action. The notice must include a description of up to four (4) factors that were the primary influences of the adverse action. The use of generalized terms such as “poor credit history,” “poor credit rating,” or “poor insurance score” does not meet the explanation requirements of this section. Standardized credit explanations provided by consumer reporting agencies or other third party vendors are deemed to comply with this section.
TN Code § 56-5-204 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 5 - Rates and Rating Organizations|Part 2 - Restrictions on Use of Credit Scores|§ 56-5-204. Indemnification

 An insurer shall indemnify, defend, and hold an insurance producer harmless from and against all liability, fees and costs arising out of or relating to the actions, errors or omissions of an insurance producer who obtains or uses credit history or insurance scores, or both, for an insurer, provided the insurance producer follows the instructions of or procedures established by the insurer and complies with any applicable law or act. Nothing in this section shall be construed to provide an applicant or insured with a cause of action that does not exist in the absence of this section.
TN Code § 56-5-205 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 5 - Rates and Rating Organizations|Part 2 - Restrictions on Use of Credit Scores|§ 56-5-205. Filing of Credit Scoring Models

 Insurers that use insurance scores to underwrite or rate risks must file their scoring models or other scoring processes with the department of commerce and insurance. A filing that includes insurance scoring shall include loss experience justifying the use of credit information. The filings shall be kept confidential by the commissioner of commerce and insurance and shall not be construed to be a public record pursuant to title 10, chapter 7.
TN Code § 56-5-206 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 5 - Rates and Rating Organizations|Part 2 - Restrictions on Use of Credit Scores|§ 56-5-206. Incorrect or Incomplete Credit Information

 If it is determined through the dispute resolution process set forth in the federal Fair Credit Reporting Act (15 U.S.C. § 1681i(a)(5)), that the credit information of a current insured was incorrect or incomplete and if the insurer receives notice of the determination from either the consumer reporting agency or from the insured, the insurer shall re-underwrite and re-rate the consumer within thirty (30) days of receiving the notice. After re-underwriting or re-rating the insured, the insurer shall make any adjustments necessary, consistent with its underwriting and rating guidelines. If an insurer determines that the insured has overpaid the premium, the insurer shall refund to the insured the amount of overpayment calculated back to the shorter of either the last twelve (12) months of coverage or the actual policy period.
TN Code § 56-5-207 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 5 - Rates and Rating Organizations|Part 2 - Restrictions on Use of Credit Scores|§ 56-5-207. Disclosure of Intention to Use Credit Information

  If an insurer writing personal insurance uses credit information in underwriting or rating a consumer, the insurer or its agent shall disclose, either on the insurance application or at the time the insurance application is taken, that it may obtain credit information in connection with the application. The disclosure shall be either written or provided to an applicant in the same medium as the application for insurance. The insurer need not provide the disclosure statement required under this section to any insured on a renewal policy, if the consumer has previously been provided a disclosure statement.   Use of the following example disclosure statement constitutes compliance with this section: “In connection with this application for insurance, we may review your credit report or obtain or use a credit-based insurance score based on the information contained in that credit report. We may use a third party in connection with the development of your insurance score.”
TN Code § 56-5-301 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 5 - Rates and Rating Organizations|Part 3 - Personal Risk Insurance|§ 56-5-301. Applicability of Part

 This part applies to personal risk insurance written on risks in this state by any insurer authorized to do business in this state.
TN Code § 56-5-302 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 5 - Rates and Rating Organizations|Part 3 - Personal Risk Insurance|§ 56-5-302. Limitations on Rate Filings

  Notwithstanding the requirements of this title, a filing made by an insurer for personal risk insurance under this part that provides for an overall statewide rate increase or decrease of no more than fifteen percent (15%) in the aggregate for all coverages that are subject to the filing may take effect the date it is filed. The fifteen-percent limitation does not apply on an individual insured basis. No more than one (1) rate filing may be made by an insurer pursuant to the expedited process provided in this section during any twelve-month period, unless a rate filing, when combined with any other rate filing or filings made by an insurer within the preceding twenty-five (25) months, does not result in an overall statewide increase or decrease of more than fifteen percent (15%) in the aggregate for all coverages that are subject to the filing.   Rate filings falling outside of the limitation provided for in subsection (a) shall be subject to this chapter, unless those filings are otherwise exempt from this chapter pursuant to another section of this title.   A filing submitted pursuant to subsection (a) is considered to comply with state law; however, if the commissioner of commerce and insurance determines that the filing is inadequate, excessive or unfairly discriminatory, the commissioner shall issue a written order specifying in detail the provisions of this title the insurer has violated and the reasons the filing is inadequate, excessive or unfairly discriminatory and stating a reasonable future date on which the filing is to be considered no longer effective. An order by the commissioner pursuant to this subsection (c) that is issued more than thirty (30) days from the date on which the commissioner received the rate filing is prospective only and does not affect any contract issued or made before the effective date of the order. For purposes of this part, “unfairly discriminatory” means a rate for a risk that is classified in whole or in part on the basis of race, color, creed, or national origin.   No rate increase within the limitation specified in subsection (a) may be implemented with regard to an individual existing policy, unless the increase is applied at the time of a renewal or conditional renewal of an existing policy and the insurer, at least thirty (30) days in advance of the end of the insured's policy period, mails or delivers to the named insured, at the address shown in the policy, a written notice that clearly and conspicuously discloses its intention to change the rate. A notice of renewal or conditional renewal that clearly and conspicuously discloses the renewal premium applicable to the policy shall be deemed to be in compliance with this subsection (d).
TN Code § 56-6-101 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 6 - Agents, Solicitors and Administrators|Part 1 - Tennessee Insurance Producer Licensing Act of 2002|§ 56-6-101. Short Title — Purpose and Scope

  This part shall be known and may be cited as the “Tennessee Insurance Producer Licensing Act of 2002.”   This part governs the qualifications and procedures for the licensing of insurance producers. It simplifies and organizes some statutory language to improve efficiency, permits the use of new technology and reduces costs associated with issuing and renewing insurance licenses.   This part does not apply to surplus lines agents licensed pursuant to the Surplus Lines Insurance Act, compiled in chapter 14 of this title, except as provided in §§ 56-6-108 and 56-6-118(b).
TN Code § 56-6-103 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 6 - Agents, Solicitors and Administrators|Part 1 - Tennessee Insurance Producer Licensing Act of 2002|§ 56-6-103. License Required

 A person shall not sell, solicit or negotiate insurance in this state for any class or classes of insurance unless the person is licensed for that line of authority in accordance with this part.
TN Code § 56-6-105 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 6 - Agents, Solicitors and Administrators|Part 1 - Tennessee Insurance Producer Licensing Act of 2002|§ 56-6-105. Application for Examination

  A resident individual applying for an insurance producer license shall pass a written examination unless exempt pursuant to § 56-6-109. The examination shall test the knowledge of the individual concerning the lines of authority for which application is made, the duties and responsibilities of an insurance producer and the insurance laws and regulations of this state. Each individual wishing to take the state insurance examination shall first complete either an on-site or on-line preparation program approved by the commission. A person seeking an insurance producer license shall also meet the following prelicensing requirements:  All applicants for an insurance producer license, unless otherwise exempted by law, are required to register and complete either an on-line or classroom study program approved by the commissioner;   Applicants for a license shall be at least eighteen (18) years of age or older; and   All other requirements for an insurance license shall be developed and conducted under rules and regulations prescribed by the commissioner.     The commissioner may make arrangements, including contracting with an outside testing service, for administering examinations and collecting the nonrefundable examination fee.   An individual who fails to appear for the examination as scheduled or fails to pass the examination, shall reapply for an examination and remit all required fees and forms before being rescheduled for another examination.    An individual who fails to pass the examination on the first attempt must wait at least ten (10) calendar days before reapplying to take the examination a second time.   An individual who fails to pass the examination on the second attempt, or any subsequent attempt, must wait at least thirty (30) calendar days before reapplying to take the examination another time.
TN Code § 56-6-106 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 6 - Agents, Solicitors and Administrators|Part 1 - Tennessee Insurance Producer Licensing Act of 2002|§ 56-6-106. Application for License

  An individual residing in this state applying for an insurance producer license shall make application to the commissioner on the uniform application and declare under penalty of refusal, suspension or revocation of the license that the statements made in the application are true, correct and complete to the best of the individual's knowledge and belief. Before approving the application, the commissioner shall find that the individual:  Is at least eighteen (18) years of age;   Has not committed any act that is a ground for denial, suspension or revocation set forth in § 56-6-112;   Has completed a prelicensing course of study for the lines of authority for which the person has applied that consists of a minimum of twenty (20) hours of coursework for life, accident and health, property, casualty, personal lines or title insurance;   Has paid the fees set forth in § 56-6-121; and   Has successfully passed the examinations for the lines of authority for which the person has applied.     A business entity may obtain an insurance producer's license; however, only an individual licensed producer or limited lines producer shall sell, solicit or negotiate a contract of insurance in this state. Application shall be made using the uniform business entity application. An individual authorized and acting on behalf of the business entity shall declare under penalty of refusal, suspension or revocation of the license that the statements made in the application are true, correct and complete to the best of the individual's knowledge and belief. Before approving the application, the commissioner shall find that:  The business entity has paid the applicable fees set forth in § 56-6-121; and   The business entity has designated a principal or officer who also holds a current producer license responsible for the business entity's compliance with the insurance laws, rules and regulations of this state.     The commissioner may require any documents reasonably necessary to verify the information contained in an application.
TN Code § 56-6-108 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 6 - Agents, Solicitors and Administrators|Part 1 - Tennessee Insurance Producer Licensing Act of 2002|§ 56-6-108. Nonresident Licensing

  Unless denied licensure pursuant to § 56-6-112, a nonresident person shall receive an insurance producer license if:  The person is currently licensed as a resident insurance producer and is in good standing in the person's home state;   The person has submitted the proper request for licensure and has paid the applicable fees required by § 56-6-121;   The person has submitted or transmitted to the commissioner the application for licensure that the person submitted to the person's home state, or in lieu of the same, a completed uniform application; and   The person's home state awards insurance producer licenses to residents of this state on the same basis.     The commissioner may verify the insurance producer's licensing status through any producer database maintained by the NAIC, its affiliates or subsidiaries.   A nonresident insurance producer who moves from one state to another state or a resident insurance producer who moves from this state to another state shall file a change of address and provide certification from the new resident state within thirty (30) days of the change of legal residence. No fee or license application is required.   Notwithstanding any other provision of this part, a person licensed as a surplus lines producer in the person's home state shall receive a surplus lines producer license in this state pursuant to subsection (a). Except as provided in subsection (a), nothing in this section otherwise amends or supersedes the Surplus Lines Insurance Act, compiled in chapter 14 of this title.   Notwithstanding any other provision of this part, a person licensed as a limited line credit insurance producer or any other type of limited lines insurance producer in the person's home state shall receive a nonresident limited lines producer license, pursuant to subsection (a), as long as the license is granted to residents of this state. The license shall grant the nonresident the same scope of authority as granted a resident insurance producer holding the license in this state.