reglab/housing_qa huggingface dataset:
RI Gen L § 27-1.2-8 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-1.2 - Corporate Governance Annual Disclosure|Section 27-1.2-8 - Sanctions.

§ 27-1.2-8. Sanctions.Any insurer failing, without just cause, to timely file the CGAD as required in this chapter shall be required, after notice and hearing, to pay a penalty of two hundred and fifty dollars ($250) for each day's delay, to be recovered by the commissioner, and the penalty so recovered shall be paid into the general revenue fund of this state. The maximum penalty under this section is two hundred and fifty thousand dollars ($250,000). The commissioner may reduce the penalty if the insurer demonstrates to the commissioner that the imposition of the penalty would constitute a financial hardship to the insurer.History of Section.P.L. 2016, ch. 98, § 1; P.L. 2016, ch. 107, § 1.
RI Gen L § 27-1.2-9 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-1.2 - Corporate Governance Annual Disclosure|Section 27-1.2-9 - Severability clause.

§ 27-1.2-9. Severability clause.If any provision of this chapter other than § 27-1.2-6, or the application thereof to any person or circumstance, is held invalid, such determination shall not affect the provisions or applications of this chapter which can be given effect without the invalid provision or application, and to that end the provisions of this chapter, with the exception of § 27-1.2-6, are severable.History of Section.P.L. 2016, ch. 98, § 1; P.L. 2016, ch. 107, § 1.
RI Gen L § 27-2-1 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-1 - Compliance by foreign insurance companies required.

§ 27-2-1. Compliance by foreign insurance companies required.No insurance company, unless incorporated by the general assembly, shall make any insurance on property within this state or contract for insurance with any party resident in this state until the insurance company shall have complied with the provisions of this chapter.History of Section.G.L. 1896, ch. 182, § 1; G.L. 1909, ch. 220, § 1; G.L. 1923, ch. 256, § 1; G.L. 1938, ch. 151, § 1; G.L. 1956, § 27-2-1.
RI Gen L § 27-2-1.1 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-1.1 - Telephone number - Toll free or collect.

§ 27-2-1.1. Telephone number — Toll free or collect.Every insurer doing business within this state shall have a toll free telephone number or provide collect charge telephone service for use by the general public when calling the insurer from any location within the state.History of Section.P.L. 1987, ch. 229, § 2; P.L. 1993, ch. 180, § 3.
RI Gen L § 27-2-2 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-2 - Applicability.

§ 27-2-2. Applicability.The general provisions of law relating to the duties, obligations, prohibitions, or penalties which appertain to insurance companies not incorporated under the authority of this state, and defining the powers and duties of the insurance commissioner in reference to those companies, shall be and are applicable to all corporations, companies, and associations not incorporated under the authority of this state, and to all partnerships and individuals, doing, as principals or otherwise, in this state, any insurance business of any name, kind, or description.History of Section.G.L. 1896, ch. 182, § 2; G.L. 1909, ch. 220, § 2; G.L. 1923, ch. 256, § 2; G.L. 1938, ch. 151, § 2; impl. am. P.L. 1953, ch. 3174, § 5; G.L. 1956, § 27-2-2.
RI Gen L § 27-2-3 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-3 - Reciprocal privileges of nonresident insurance producers.

§ 27-2-3. Reciprocal privileges of nonresident insurance producers.(a) Any commission received by a Rhode Island licensed resident insurance producer may be shared with another licensed resident insurance producer, or with a licensed nonresident insurance producer; provided, that if the nonresident insurance producer resides in, or is a licensed insurance producer in, a state which requires the retention of a stipulated percentage of the commission on risks placed in the state by nonresident insurance producers, then and in that event the Rhode Island resident insurance producer shall require the same percentage of the commission as would be required if a Rhode Island insurance producer should place similar insurance in the state of the residence of the nonresident insurance producer; provided, that if the nonresident insurance producer resides in a state, county, or municipality which by statute or ordinance prohibits the division of commissions on insurance covering property or risks in the city, county, or state of the nonresident insurance producer, then and in that event, it shall be unlawful for the Rhode Island resident insurance producer to pay the nonresident insurance producer any share or portion of the commission on insurance on property or risks in the state of Rhode Island.(b) This section shall not apply to bid bonds issued by any admitted surety insurer in connection with any public or private contract.(c) An insurance producer that has been a licensed nonresident insurance producer prior to June 30, 1989, for twelve (12) years or more but whose company is no longer licensed to do business in a reciprocal state after June 30, 1989, may be licensed in Rhode Island as a special nonresident insurance producer.History of Section.P.L. 1984, ch. 45, § 1; P.L. 1989, ch. 383, § 1; P.L. 1989, ch. 513, § 1; P.L. 1992, ch. 445, § 7.
RI Gen L § 27-2-4 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-4 - Penalty for unlawful business.

§ 27-2-4. Penalty for unlawful business.Any company, officer, or insurance producer violating any of the provisions of § 27-2-3 shall be punished by a fine of not less than one hundred dollars ($100) nor more than five hundred dollars ($500) for each offense.History of Section.G.L. 1896, ch. 182, § 7; G.L. 1909, ch. 220, § 7; G.L. 1923, ch. 256, § 7; G.L. 1938, ch. 151, § 7; G.L. 1956, § 27-2-4.
RI Gen L § 27-2-5 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-5 - Minimum capital and surplus requirements - Maximum amount of single risk.

§ 27-2-5. Minimum capital and surplus requirements — Maximum amount of single risk.No insurance company not incorporated under the authority of this state shall make any contract of insurance with any person in this state unless the capital stock of the company is at least equal to one million dollars ($1,000,000) and the gross paid in and contributed surplus of the company is at least equal to two million dollars ($2,000,000) or, if a mutual company, its net assets over all liabilities amount to not less than three million dollars ($3,000,000), nor unless the company, if other than a life insurance company, shall be restricted, by its charter or otherwise, so that it cannot lawfully incur in any one risk a greater hazard than one-tenth (1/10) part of its capital and surplus if a stock company or of its net assets if a mutual company; provided, that no fire, marine, or fire and marine insurance company of any foreign country shall make any contract of insurance with any person in this state unless the company has two million dollars ($2,000,000) paid-in capital stock and four million dollars ($4,000,000) surplus, or if a foreign mutual company its net assets over all liabilities amount to not less than six million dollars ($6,000,000) and shall have made a deposit with the insurance commissioner of this state, or with the proper officer of some other state of the United States, of not less than two million dollars ($2,000,000) in securities which shall be at all times at or above par and in trust for the benefit of its policyholders in the United States, or if a mono-line business company as defined in this title, has a combined capital and surplus of two million dollars ($2,000,000). Nothing contained in this section shall be construed to apply to foreign insurance companies licensed prior to May 13, 1977.History of Section.G.L. 1896, ch. 182, § 8; P.L. 1906, ch. 1324, § 1; G.L. 1909, ch. 220, § 8; G.L. 1923, ch. 256, § 8; G.L. 1938, ch. 151, § 8; P.L. 1953, ch. 3174, § 4; G.L. 1956, § 27-2-5; P.L. 1977, ch. 278, § 1; P.L. 1992, ch. 415, § 1; P.L. 2001, ch. 122, § 2.
RI Gen L § 27-2-6.1 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-6.1 - Special deposit for benefit of policyholders.

§ 27-2-6.1. Special deposit for benefit of policyholders.(a) The insurance commissioner may require any insurance company, association, or society incorporated by or organized under the laws of any other state or government which seeks to make within this state any contract of insurance to make a special deposit as a condition to licensing. The special deposit shall be held in trust and on deposit for the benefit of all Rhode Island policyholders of the company, association, or society. The special deposit may be in any amount and form acceptable to the insurance commissioner. The special deposit shall be deposited with the insurance commissioner or with the general treasurer of this state.(b) The special deposit shall be held exclusively for the benefit of the Rhode Island policyholders and claimants of the company, notwithstanding the source of the special deposit, and in any agreement entered pursuant to this section the insurer shall grant to the director an interest in the deposit to secure all present and future obligations of the insurer to the policyholders and claimants of the insurer in the state of Rhode Island. The director's interest shall continue until the insurer's obligations are fully satisfied or until the deposit is released by the director.History of Section.P.L. 1998, ch. 71, § 1.
RI Gen L § 27-2-7 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-7 - Charter to be filed.

§ 27-2-7. Charter to be filed.Every insurance company not incorporated under the authority of this state shall, before making any contract of insurance with any person in this state, deposit with the insurance commissioner a copy of the charter of the company.History of Section.G.L. 1896, ch. 182, § 11; G.L. 1909, ch. 220, § 11; G.L. 1923, ch. 256, § 11; G.L. 1938, ch. 151, § 11; P.L. 1953, ch. 3174, § 4; G.L. 1956, § 27-2-7.
RI Gen L § 27-2-8 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-8 - Statement as to type of company, investments, and risks.

§ 27-2-8. Statement as to type of company, investments, and risks.Every company, before making any contract of insurance, shall deposit with the insurance commissioner a statement, signed and sworn to by the president and secretary of the company, specifying that the company is a fire, marine, or fire and marine, life, health, accident, or other insurance company, stating the amount of its capital and the manner of its investment, designating the amount invested respectively in mortgages, public securities, and in the stock of incorporated companies, stating what companies, and also the amount invested in other securities, particularizing each item of investment, the amount of marine risks not terminated and the premium paid on those risks, the amount of fire risks not terminated and the premium paid on those risks, and the amount of liabilities, specifying the amount of outstanding claims adjusted or unadjusted, due or not due. In case the company is incorporated on the mutual principle, the statement shall set forth, in addition to this information, the amount of risks insured by the company, the amount of premium on the risks, what portion of it has been paid in cash, what security has been taken for the remainder, and what is the largest sum insured in any one risk. The statement required to be made in this section, so far as applicable, shall be made of each class in companies authorized to take risks in classes, and in all cases the returns may be varied by the insurance commissioner to obtain more definite information of the company; provided, that not more than one statement needs to be filed on behalf of the company.History of Section.G.L. 1896, ch. 182, § 12; G.L. 1909, ch. 220, § 12; G.L. 1923, ch. 256, § 12; G.L. 1938, ch. 151, § 12; P.L. 1953, ch. 3174, § 4; G.L. 1956, § 27-2-8.
RI Gen L § 27-2-9 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-9 - Statement as to capital, assets, and investments.

§ 27-2-9. Statement as to capital, assets, and investments.Every life insurance company, health insurance company, livestock, or other insurance company, cooperative, or assessment, shall before making any contract of insurance, deposit with the insurance commissioner a statement signed and sworn to by the president and secretary of the company, specifying the amount of its capital and all of its assets and the manner of its investment, designating the amount invested in mortgages, public securities, and in stock of incorporated companies, stating what companies, and also the amount invested in other securities, particularizing each item of investment, the amount insured by existing policies, the amount of liabilities, specifying the amount of outstanding claims, adjusted or unadjusted, due or not due, and the largest sum insured in any one risk; provided, that no more than one statement needs to be filed on behalf of the company.History of Section.G.L. 1896, ch. 182, § 13; G.L. 1909, ch. 220, § 13; G.L. 1923, ch. 256, § 13; G.L. 1938, ch. 151, § 13; P.L. 1953, ch. 3174, § 4; G.L. 1956, § 27-2-9.
RI Gen L § 27-2-10 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-10 - Filing of accident and health policy forms.

§ 27-2-10. Filing of accident and health policy forms.Any insurance company authorized to transact an accident and health insurance business within this state in accordance with the provisions of this chapter shall file all policy forms used by it with the insurance commissioner. The commissioner may also require any company to file the forms of any rider, endorsement, application blank, and other matter generally used or incorporated by reference in its policies or contracts of insurance. Any organization, bureau, or association of which the company is a member may, on behalf of the company, make the filings required by this section. If the commissioner finds from an examination of any of these filed forms that it is contrary to the public interest, the commissioner shall forbid its use.History of Section.G.L. 1938, ch. 151, § 1; P.L. 1948, ch. 2134, § 1; G.L. 1956, § 27-2-10.
RI Gen L § 27-2-11 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-11 - License required - Expiration date.

§ 27-2-11. License required — Expiration date.No company shall transact any business of insurance in this state until it has obtained from the insurance commissioner of this state a license stating that it has complied with the laws of this state and specifying the kinds of business it is authorized to transact. The insurance commissioner may refuse to issue the license if he or she is of the opinion that the refusal will be in the public interest. Every license shall be continuous unless revoked or suspended as provided in chapter 13 of this title.History of Section.G.L. 1938, ch. 151, § 3; P.L. 1953, ch. 3174, § 3; G.L. 1956, § 27-2-11; P.L. 1987, ch. 289, § 1.
RI Gen L § 27-2-12 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-12 - Review of refusal to issue or renew license.

§ 27-2-12. Review of refusal to issue or renew license.A company aggrieved by the refusal of the insurance commissioner to issue or renew a license may within ten (10) days from the date of the refusal file a petition in superior court for the county of Providence for a review of the action, which shall be heard and determined in the same manner as is provided under chapter 13 of this title in the case of a petition filed after the revocation or suspension of a license.History of Section.G.L. 1938, ch. 151, § 3; P.L. 1953, ch. 3174, § 3; G.L. 1956, § 27-2-12.
RI Gen L § 27-2-13 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-13 - Commissioner as attorney to receive process.

§ 27-2-13. Commissioner as attorney to receive process.No insurance company not incorporated under the authority of this state shall directly or indirectly issue policies, take risks, or transact business in this state until it has first appointed, in writing, the insurance commissioner of this state to be the true and lawful attorney of the company in and for this state, upon whom all lawful process in any action or proceeding against the company may be served with the same effect as if the company existed in this state; provided, that if the insurance company shall make no appointment, the issuance or delivery of a policy or contract of insurance to, the taking of a risk for, or the transacting of business with a citizen of this state or a resident of the state or a corporation authorized to do business in this state by the company shall be equivalent to an appointment for the service of all lawful process in any action or proceeding arising out of the policy or contract. The written power of attorney shall stipulate and agree on the part of the company that any lawful process against the company which is served on the attorney shall be of the same legal force and validity as if served on the company, and that the authority shall continue in force so long as any liability remains outstanding against the company in this state. A certificate of the written appointment, duly certified and authenticated, shall be filed in the office of the insurance commissioner, and copies certified by him or her shall be received in evidence in all of the courts in this state. Service upon the attorney shall be deemed sufficient service upon the principal; service of process may also be effectuated in accordance with the procedures set forth in Rule 4 of the Rules of Civil Procedure.History of Section.G.L. 1896, ch. 182, § 3; G.L. 1909, ch. 220, § 3; G.L. 1923, ch. 256, § 3; G.L. 1938, ch. 151, § 3; P.L. 1940, ch. 856, § 1; P.L. 1953, ch. 3174, § 3; G.L. 1956, § 27-2-13; P.L. 1985, ch. 163, § 1.
RI Gen L § 27-2-14 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-14 - Forwarding of process by commissioner.

§ 27-2-14. Forwarding of process by commissioner.(a) Whenever lawful process against a foreign insurance company shall be served upon the insurance commissioner, the commissioner shall forward a copy of the process served on him or her, to the person appointed by the insurance company to accept service of process on behalf of the company. The manner of forwarding shall be at the discretion of the insurance commissioner.(b) Service upon the insurance commissioner shall be accomplished by regular mail or by whatever alternative method is designated by the commissioner.(c) For each copy of process the insurance commissioner shall collect, for the use of the state, the sum of twenty-five dollars ($25.00), which shall be paid by the plaintiff at the time of the service; the fee is to be recovered by the plaintiff as part of the taxable costs, if he or she prevails in the suit.History of Section.G.L. 1896, ch. 182, § 4; G.L. 1909, ch. 220, § 4; G.L. 1923, ch. 256, § 4; G.L. 1938, ch. 151, § 4; impl. am. P.L. 1953, ch. 3174, § 5; G.L. 1956, § 27-2-14; P.L. 1960, ch. 71, art. 1, § 1; P.L. 2004, ch. 595, art. 30, § 9; P.L. 2009, ch. 303, § 1; P.L. 2009, ch. 304, § 1; P.L. 2017, ch. 196, § 1; P.L. 2017, ch. 322, § 1.
RI Gen L § 27-2-15 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-15 - Provisions against actions in state courts.

§ 27-2-15. Provisions against actions in state courts.If any foreign insurance company, of any name, kind, or description, authorized to do business in this state shall provide in its charter or bylaws, or in the policies or contracts of insurance issued by it, that no action shall be brought against the company in any court of competent jurisdiction within this state, the insurance commissioner shall revoke all licenses and certificates of authority granted to it or to its insurance producers to do business in this state.History of Section.G.L. 1896, ch. 182, § 5; G.L. 1909, ch. 220, § 5; G.L. 1923, ch. 256, § 5; G.L. 1938, ch. 151, § 5; impl. am. P.L. 1953, ch. 3174, § 5; G.L. 1956, § 27-2-15.
RI Gen L § 27-2-16 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-2 - Foreign Insurance Companies|Section 27-2-16 - Filing fees - Certificates of compliance.

§ 27-2-16. Filing fees — Certificates of compliance.(a) Every insurance company not incorporated in this state applying for admission to transact business in the state shall pay to the insurance commissioner, for the use of the state, for filing a copy of its charter or deed of settlement, the sum of thirty dollars ($30.00), and for filing a statement preliminary to admission, and for filing each annual statement after admission payable prior to April 1 of each year, the sum of one hundred dollars ($100).(b) A certificate of compliance issued under this chapter shall continue in force as long as the insurer is entitled to it under this chapter and until suspended, revoked, or terminated at the request of the insurer; subject, to continuance of the certificate by the insurer each year by:(1) Payment prior to April 1 of an annual license fee of one hundred dollars ($100); and(2) Due filing by the insurer of its annual statement for the preceding calendar year as required under this section.(c) If not continued in this manner by the insurer, its certificate of compliance shall expire at midnight on June 1 next following the failure of the insurer to continue it in force.(d) The commissioner may, in his or her discretion, reinstate a certificate of compliance which the insurer has inadvertently permitted to expire, after the insurer has fully cured all its failures which resulted in the expiration, and upon payment by the insurer of the fee in the amount provided in subdivision (b)(1). Otherwise, the insurer shall be granted another certificate of compliance only after filing an application and meeting all other requirements as for an original certificate of compliance in this state.(e) The commissioner may amend a certificate of compliance at any time to accord with changes in the insurer's charter or insuring powers.(f) The commissioner may assess a late fee of one hundred dollars ($100) per day for each day the insurer is late in filing its annual statement, and ten dollars ($10.00) per day for each day the insurer is late in remitting its annual license fee, except that the insurer may request and receive an extension of the filing date without penalty.History of Section.G.L. 1896, ch. 182, § 25; G.L. 1909, ch. 220, § 25; G.L. 1923, ch. 256, § 25; G.L. 1938, ch. 151, § 25; impl. am. P.L. 1953, ch. 3174, § 5; G.L. 1956, § 27-2-16; P.L. 1960, ch. 71, art. 1, § 1; P.L. 1971, ch. 283; P.L. 1979, ch. 174, art. 7, § 1; P.L. 1987, ch. 289, § 1; P.L. 1993, ch. 102, § 1; P.L. 1993, ch. 138, art. 62, § 9.