reglab/housing_qa huggingface dataset:
NH Rev Stat § 402-H:7 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-H - Third Party Administrators|Section 402-H:7 - Premium Collection and Payment of Claims.

    402-H:7 Premium Collection and Payment of Claims. –||I. All insurance charges or premiums collected by an administrator on behalf of or for an insurer, and the return of premiums received from the insurer, shall be held by the administrator in a fiduciary capacity. The funds shall be immediately remitted to the person entitled to them or shall be deposited promptly in a fiduciary account established and maintained by the administrator in a federally or state insured financial institution. The written agreement between the administrator and the insurer shall provide for the administrator to periodically render an accounting to the insurer detailing all transactions performed by the administrator pertaining to the business underwritten by the insurer.||II. If charges or premiums deposited in a fiduciary account have been collected on behalf of or for one or more insurers, the administrator shall keep records clearly recording the deposits in and withdrawals from the account on behalf of each insurer. The administrator shall keep copies of all the records and, upon request of an insurer, shall furnish the insurer with copies of the records pertaining to such deposits and withdrawals.||III. The administrator shall not pay any claim by withdrawals from a fiduciary account in which premiums or charges are deposited. Withdrawals from the account shall be made as provided in the written agreement between the administrator and the insurer. The written agreement shall address, but not be limited to, the following:||(a) Remittance to an insurer entitled to remittance.||(b) Deposit in an account maintained in the name of the insurer.||(c) Transfer to and deposit in a claims-paying account, with claims to be paid as provided for in RSA 402-H:7, IV.||(d) Payment to a group policyholder for remittance to the insurer entitled to such remittance.||(e) Payment to the administrator of its commissions, fees or charges.||(f) Remittance of a return premium to the person or persons entitled to such return premium.||IV. All claims paid by the administrator from funds collected on behalf of or for an insurer shall be paid only on drafts or checks of and as authorized by the insurer, provided however that property and casualty claims may also be paid other than by draft or check, pursuant to rules adopted in accordance with RSA 281-A and RSA 417.|||Source. 1993, 253:1. 1997, 284:12. 2006, 271:6. 2014, 31:5, eff. July 26, 2014.|
NH Rev Stat § 402-H:8 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-H - Third Party Administrators|Section 402-H:8 - Compensation to the Administrator.

    402-H:8 Compensation to the Administrator. –||I. An administrator shall not enter into any agreement or understanding with an insurer in which the effect is to make the amount of the administrator's commissions, fees, or charges contingent upon savings effected in the adjustment, settlement and payment of losses covered by the insurer's obligations. This provision shall not prohibit an administrator from receiving performance-based compensation for providing hospital or other auditing services.||II. This section shall not prevent the compensation of an administrator from being based on premiums or charges collected or the number of claims paid or processed.|||Source. 1993, 253:1, eff. Jan. 1, 1994.|
NH Rev Stat § 402-H:9 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-H - Third Party Administrators|Section 402-H:9 - Notice to Covered Individuals; Disclosure of Charges and Fees.

    402-H:9 Notice to Covered Individuals;  Disclosure of Charges and Fees. –||I. When the services of an administrator are utilized, the administrator shall provide a written notice approved by the insurer to covered individuals advising them of the identity of, and relationship among, the administrator, the policyholder and the insurer.||II. When an administrator collects funds, the reason for collection of each item shall be identified to the insured party and each item shall be shown separately from any premium. Additional charges may not be made for services to the extent the services have been paid for by the insurer.||III. The administrator shall disclose to the insurer all charges, fees and commissions received from all services in connection with the provision of administrative services for the insurer, including any fees or commissions paid by the insurers providing reinsurance.|||Source. 1993, 253:1. 2006, 271:7, eff. Aug. 8, 2006.|
NH Rev Stat § 402-H:10 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-H - Third Party Administrators|Section 402-H:10 - Delivery of Materials to Covered Individuals.

    402-H:10 Delivery of Materials to Covered Individuals. –||Any policies, certificates, booklets, termination notices or other written communications delivered by the insurer to the administrator for delivery to insured parties or covered individuals shall be delivered by the administrator promptly after receipt of instructions from the insurer to deliver them.|||Source. 1993, 253:1, eff. Jan. 1, 1994.|
NH Rev Stat § 402-H:11-a (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-H - Third Party Administrators|Section 402-H:11-a - Registration Requirement.

    402-H:11-a Registration Requirement. –||A person who directly or indirectly underwrites, collects charges or premiums from, or adjusts or settles claims on residents of this state, and who is not otherwise required to obtain a certificate of authority or license in connection with life, annuity, or health coverage provided by a self-funded plan shall register with the commissioner by March 1 of each year, verifying its status as herein described. The registration requirement shall not apply to those persons or entities that are specifically exempted by RSA 402-H:1, I. Registrants under this section shall not be required to hold a certificate of authority as an administrator in this state or to meet the other requirements of this chapter.|||Source. 2006, 271:9, eff. Aug. 8, 2006.|
NH Rev Stat § 402-H:11-b (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-H - Third Party Administrators|Section 402-H:11-b - Exemption.

    402-H:11-b Exemption. –||An association administering a pooled risk management program operated pursuant to RSA 5-B or conducting business that is exempt from taxation under the Internal Revenue Code, section 115 shall not be required to obtain a certificate of authority or to meet the other requirements of this chapter for services provided in connection with the administration of its pooled risk management plans or its section 115 business, but shall be required to register with the commissioner pursuant to RSA 402-H:11-a. Pooled risk management program registration may be accomplished by providing the commissioner a copy of the informational filing required to be filed with the department of state pursuant to RSA 5-B:4.|||Source. 2006, 271:9, eff. Aug. 8, 2006.|
NH Rev Stat § 402-H:12 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-H - Third Party Administrators|Section 402-H:12 - Annual Report and Filing Fee.

    402-H:12 Annual Report and Filing Fee. –||I. (a) Each licensed administrator shall file an annual report for the preceding calendar year with the commissioner on or before June 1 of each year, or within such extension of time as the commissioner for good cause may grant. The annual report shall include an audited financial statement performed by an independent certified public accountant. An audited financial/annual report prepared on a consolidated basis shall include a columnar consolidating or combining worksheet that shall be filed with the report and include the following:||(1) Amounts shown on the consolidated audited financial report shall be shown on the worksheet;||(2) Amounts for each entity shall be stated separately; and||(3) Explanations of consolidating and eliminating entries shall be included.||(b) The report shall be in the form and contain such matters as the commissioner prescribes and shall be verified by at least 2 officers of the administrator.||II. The annual report shall include the complete names and addresses of all insurers with which the administrator had agreements during the preceding fiscal year.||III. At the time of filing its annual report, the administrator shall pay a filing fee pursuant to RSA 400-A:29, III.|||Source. 1993, 253:1. 2006, 271:10, eff. Aug. 8, 2006.|
NH Rev Stat § 402-H:13 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-H - Third Party Administrators|Section 402-H:13 - Examination and Audits.

    402-H:13 Examination and Audits. –||The acts of the administrator are considered to be the acts of the insurer on whose behalf it is acting. An administrator may be examined as if it were the insurer. The commissioner may designate examiners or consultants, as appropriate, to perform an audit of an administrator when the commissioner considers an audit necessary. The audit shall be conducted at the expense of the administrator. Administrators shall make all records and books of account available to the examiners or consultants, and shall otherwise facilitate the performance of the audit. All claims information respecting the identities of individual claimants shall be kept confidential.|||Source. 1993, 253:1. 1997, 284:13. 2006, 271:11, eff. Aug. 8, 2006.|
NH Rev Stat § 402-H:15 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-H - Third Party Administrators|Section 402-H:15 - Rulemaking Authority.

    402-H:15 Rulemaking Authority. –||The insurance commissioner shall adopt rules under RSA 541-A as may be necessary to properly administer this chapter.|||Source. 1993, 253:1, eff. Jan. 1, 1994.|
NH Rev Stat § 402-H:16 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-H - Third Party Administrators|Section 402-H:16 - Penalties.

    402-H:16 Penalties. –||An administrator who violates or fails to comply with the provisions of this chapter or rules adopted pursuant to this chapter shall be subject to suspension or revocation of its certificate of authority or an administrative penalty not to exceed $2,500 for each violation.|||Source. 1993, 253:1. 1997, 284:14, eff. Jan. 1, 1998.|
NH Rev Stat § 402-H:17 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-H - Third Party Administrators|Section 402-H:17 - Repealed by 2006, 271:14 eff. Aug. 8, 2006.

    402-H:17 Repealed by 2006, 271:14 eff. Aug. 8, 2006. –|
NH Rev Stat § 402-J:1 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-J - Producer Licensing|Section 402-J:1 - Purpose and Scope.

    402-J:1 Purpose and Scope. –||I. This chapter governs the qualifications and procedures for the licensing of insurance producers. It simplifies and organizes some statutory language to improve efficiency and reduce costs associated with issuing and renewing insurance licenses.||II. This chapter applies to all persons required to be a licensed producer pursuant to the provisions of RSA 402:15; RSA 405:15; RSA 405:24; RSA 405:44-a; RSA 405:44-b; RSA 406-C:3; RSA 407-C:3; RSA 408:42; RSA 416-A:15; RSA 418:31; RSA 420-A:7; RSA 420-B:18; RSA 420-F:3; and New Hampshire code of administrative rules Ins 2501.03.||III. [Repealed.]|||Source. 2000, 315:1. 2001, 95:1. 2005, 206:11. 2008, 18:1, II, eff. July 11, 2008.|
NH Rev Stat § 402-J:3 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-J - Producer Licensing|Section 402-J:3 - License Required.

    402-J:3 License Required. –||I. 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 chapter.||II. Any person who shall practice or attempt to practice as an insurance producer in this state without a license shall be guilty of a class A misdemeanor if a natural person, or guilty of a felony if any other person.|||Source. 2000, 315:1. 2005, 206:6, eff. Jan. 1, 2006.|
NH Rev Stat § 402-J:5 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-J - Producer Licensing|Section 402-J:5 - Application for Examination.

    402-J:5 Application for Examination. –||I. A resident individual applying for an insurance producer license shall pass a written examination unless exempt pursuant to RSA 402-J:9. 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. Examinations required by this section shall be developed and conducted under title XXXVII and rules adopted by the commissioner.||II. The commissioner may make arrangements, including contracting with an outside testing service, for administering examinations and collecting the nonrefundable fee set forth in RSA 400-A:29.||III. Each individual applying for an examination shall remit a nonrefundable fee as prescribed by the commissioner as set forth in RSA 400-A:29.||IV. 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.|||Source. 2000, 315:1. 2001, 95:1, eff. Aug. 20, 2001.|
NH Rev Stat § 402-J:6 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-J - Producer Licensing|Section 402-J:6 - Application for License.

    402-J:6 Application for License. –||I. A person applying for a resident 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:||(a) Is at least 18 years of age.||(b) Has not committed any act that is a ground for denial, suspension, or revocation set forth in RSA 402-J:12.||(c) [Repealed.]||(d) Has paid the fees set forth in RSA 400-A:29.||(e) Has successfully passed the examinations for the line or lines of authority for which the person has applied.||II. A business entity acting as an insurance producer is required to obtain an insurance producer license. Application shall be made using the uniform business entity application. Before approving the application the commissioner shall find that:||(a) The business entity has paid the fees set forth in RSA 400-A:29; and||(b) The business entity has designated a licensed producer responsible for the business entity's compliance with the insurance laws, rules, and regulations of this state.||III. The commissioner may require any documents reasonably necessary to verify the information contained in an application.||IV. Each insurer that sells, solicits or negotiates any form of limited line credit insurance shall provide to each individual whose duties will include selling, soliciting or negotiating limited line credit insurance a program of instruction that may be approved by the commissioner.|||Source. 2000, 315:1. 2001, 95:1. 2008, 18:1, III, eff. July 11, 2008.|
NH Rev Stat § 402-J:7-a (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-J - Producer Licensing|Section 402-J:7-a - Continuing Education.

    402-J:7-a Continuing Education. –||Every 2 years, at least 60 days prior to the renewal date of their license, persons holding a producers license shall be certified by the insurance department as having completed 24 hours of continuing education instruction. Of the 24 continuing education hours required, at least 3 hours, but no more than 10 hours, shall consist of courses approved for ethics credit. Such continuing education instruction shall be approved by the insurance department. If a nonresident has complied with the continuing education requirements of his or her state of residence, he or she shall not be required to comply with requirements of this section.|||Source. 2016, 109:2, eff. July 19, 2016.|
NH Rev Stat § 402-J:8 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-J - Producer Licensing|Section 402-J:8 - Nonresident Licensing.

    402-J:8 Nonresident Licensing. –||I. Unless denied licensure pursuant to RSA 402-J:12, a nonresident shall receive a nonresident producer license if:||(a) The person is currently licensed as a resident and in good standing in his or her home state.||(b) The person has submitted the proper request for licensure and has paid the fees required by RSA 400-A:29.||(c) The person has submitted or transmitted to the commissioner the application for licensure that the person submitted to his or her home state, or in lieu of same, a completed uniform application.||(d) The person's home state awards nonresident producer licenses to residents of this state on the same basis.||II. A nonresident producer who moves from one state to another state or a resident producer who moves from this state to another state shall file a change of address and provide certification from the new resident state within 30 days of the change of legal residence. No license application or license fee is required.||III. The commissioner may verify the producer's licensing status through the producer database maintained by the National Association of Insurance Commissioners, its affiliates or subsidiaries.||IV. Notwithstanding any other provision of this chapter, a person licensed as a surplus lines producer in his or her home state shall receive a nonresident surplus lines producer license pursuant to paragraph I of this section. Except as provided in paragraph I, nothing in this section otherwise amends or supersedes any provision of RSA 405:24 through RSA 405:31.||V. Notwithstanding any other provision of this chapter, a person licensed as a limited line credit insurance or other type of limited lines producer in his or her home state shall receive a nonresident limited lines producer license, pursuant to paragraph I of this section, granting the same scope of authority as granted under the license issued by the producer's home state. For the purposes of this paragraph, limited line insurance is any authority granted by the home state which restricts the authority of the license to less than the total authority prescribed in the associated major lines pursuant to RSA 402-J:7, I(a)-(g).||VI. A nonresident insurance producer license shall remain in effect unless revoked or suspended as long as the fee set forth in RSA 400-A:29 is paid and the nonresident's insurance producer license remains in good standing in his or her home state. Termination of the producer's resident license shall be deemed termination of the New Hampshire nonresident producer license unless the producer timely files a change of address pursuant to paragraph II.|||Source. 2000, 315:1. 2001, 95:1. 2008, 18:12, eff. July 11, 2008. 2019, 112:8, eff. Jan. 1, 2020.|
NH Rev Stat § 402-J:9 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-J - Producer Licensing|Section 402-J:9 - Exemption and Examination.

    402-J:9 Exemption and Examination. –||I. An individual who applies for an insurance producer license in this state who was previously licensed for the same lines of authority in another state shall not be required to complete any prelicensing education or examination. This exemption is only available if the person is currently licensed in that state, or if the application is received within 90 days of the cancellation of the applicant's previous license and if the prior state issues a certification that, at the time of cancellation, the applicant was in good standing in that state or the state's Producer Database records, maintained by the NAIC, its affiliates or subsidiaries indicate that the producer is or was licensed in good standing for the line of authority requested.||II. A person licensed as an insurance producer in another state who moves to this state shall make application within 90 days of establishing legal residence to become a resident licensee pursuant to RSA 402-J:6. No prelicensing education or examination shall be required of that person to obtain any line of authority previously held in the prior state, except where the commissioner determines otherwise by regulation.|||Source. 2000, 315:1. 2001, 95:1, eff. Aug. 20, 2001.|
NH Rev Stat § 402-J:10 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-J - Producer Licensing|Section 402-J:10 - Assumed Names.

    402-J:10 Assumed Names. –||An insurance producer doing business under any name other than the producer's legal name is required to notify and obtain approval of the commissioner prior to using the assumed name.|||Source. 2000, 315:1.|
NH Rev Stat § 402-J:11 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-J - Producer Licensing|Section 402-J:11 - Temporary Licensing.

    402-J:11 Temporary Licensing. –||I. The commissioner may issue a temporary insurance producer license for a period not to exceed 180 days without requiring an examination if the commissioner deems that the temporary license is necessary for the servicing of an insurance business in the following cases:||(a) To a member or employee of a business entity licensed as an insurance producer, upon the death or disability of an individual designated in the business entity application or the license.||(b) To the designee of a licensed insurance producer entering active service in the armed forces of the United States of America.||(c) In any other circumstance where the commissioner deems that the public interest will best be served by the issuance of a license.||II. The commissioner may by order limit the authority of any temporary licensee in any way deemed necessary to protect insureds and the public. The commissioner may require the temporary licensee to have a suitable sponsor who is a licensed producer or insurer and who assumes responsibility for all acts of the temporary licensee and may impose other similar requirements designed to protect insureds and the public. The commissioner may by order revoke a temporary license if the interest of insureds or the public are endangered. A temporary license may not continue after the owner or the personal representative disposes of the business.|||Source. 2000, 315:1. 2001, 95:1, eff. Aug. 20, 2001.|
NH Rev Stat § 402-J:13 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-J - Producer Licensing|Section 402-J:13 - Commissions.

    402-J:13 Commissions. –||I. An insurance company or insurance producer shall not pay a commission, service fee, brokerage or other valuable consideration to a person for selling, soliciting, or negotiating insurance in this state if that person is required to be licensed under this chapter and is not so licensed.||II. A person shall not accept a commission, service fee, brokerage or other valuable consideration for selling, soliciting, or negotiating insurance in this state if that person is required to be licensed under this chapter and is not so licensed.||III. Renewal or other deferred commission may be paid to a person for selling, soliciting or negotiating insurance in this state if the person was required to be licensed under this chapter at the time of the sale, solicitation, or negotiation and was so licensed at that time.||IV. An insurer or insurance producer may pay or assign commissions, service fees, brokerages, or other valuable consideration to an insurance agency or to persons who do not sell, solicit, or negotiate insurance in this state, unless the payment would violate RSA 417:4, IX.|||Source. 2000, 315:1.|