reglab/housing_qa huggingface dataset:
NH Rev Stat § 401-D:3 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 401-D - Corporate Governance Annual Disclosure Act|Section 401-D:3 - Disclosure Requirement.

    401-D:3 Disclosure Requirement. –||I. An insurer, or the insurance group of which the insurer is a member, shall, no later than June 1 of each calendar year, submit to the commissioner a CGAD that contains the information described in RSA 401-D:5. Notwithstanding a request from the commissioner made pursuant to paragraph III, if the insurer is a member of an insurance group, the insurer shall submit the report required by this section to the commissioner of the lead state for the insurance group, in accordance with the laws of the lead state, as determined by the procedures outlined in the most recent financial analysis handbook adopted by the NAIC.||II. The CGAD shall include a signature of the insurer or insurance group's chief executive officer or corporate secretary attesting to the best of that individual's belief and knowledge that the insurer has implemented the corporate governance practices and that a copy of the disclosure has been provided to the insurer's board of directors or the appropriate committee of such board.||III. An insurer not required to submit a CGAD under this section shall do so upon the commissioner's request.||IV. For purposes of completing the CGAD, the insurer or insurance group may provide information regarding corporate governance at the ultimate controlling parent level, an intermediate holding company level, and/or the individual legal entity level, depending upon how the insurer or insurance group has structured its system of corporate governance. The insurer or insurance group is encouraged to make CGAD disclosures at the level at which the insurer's or insurance group's risk appetite is determined, or at which the earnings, capital, liquidity, operations, and reputation of the insurer are overseen collectively and at which the supervision of those factors are coordinated and exercised, or the level at which legal liability for failure of general corporate governance duties would be placed. If the insurer or insurance group determines the level of reporting based on these criteria, it shall indicate which of the 3 criteria was used to determine the level of reporting and explain any subsequent changes in the level of reporting.||V. The review of the CGAD and any additional requests for information shall be made through the lead state as determined by the procedures within the most recent financial analysis handbook referenced in paragraph I.||VI. Insurers providing information substantially similar to the information required by this chapter in other documents provided to the commissioner, including proxy statements filed in conjunction with Form B requirements, or other state or federal filings provided to the department shall not be required to duplicate that information in the CGAD, but shall only be required to cross reference the document in which the information is included.|||Source. 2016, 316:1, eff. Jan. 1, 2017.|
NH Rev Stat § 401-D:4 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 401-D - Corporate Governance Annual Disclosure Act|Section 401-D:4 - Rules and Regulations.

    401-D:4 Rules and Regulations. –||The commissioner, may, upon notice and opportunity for all interested persons to be heard, issue such rules, regulations and orders as shall be necessary to carry out the provisions of this chapter.|||Source. 2016, 316:1, eff. Jan. 1, 2017.|
NH Rev Stat § 401-D:5 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 401-D - Corporate Governance Annual Disclosure Act|Section 401-D:5 - Contents of Corporate Governance Annual Disclosure; Rulemaking.

    401-D:5 Contents of Corporate Governance Annual Disclosure;  Rulemaking. –||I. The insurer or insurance group shall have discretion over the responses to the CGAD inquiries, provided the CGAD shall contain the material information necessary to permit the commissioner to gain an understanding of the insurer's or group's corporate governance structure, policies, and practices. The commissioner may request additional information that he or she deems material and necessary to provide the commissioner with a clear understanding of the corporate governance policies, the reporting or information system, or controls implementing those policies.||II. The commissioner may, pursuant to RSA 541-A, adopt rules to establish the material information necessary to meet the requirements of paragraph I.|||Source. 2016, 316:1, eff. Jan. 1, 2017.|
NH Rev Stat § 401-D:8 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 401-D - Corporate Governance Annual Disclosure Act|Section 401-D:8 - Sanctions.

    401-D: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 $100 for each day's delay up to a maximum of $2,500, to be recovered by the commissioner. The penalty so recovered shall be deposited in the general fund. 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.|||Source. 2016, 316:1, eff. Jan. 1, 2017.|
NH Rev Stat § 401-D:9 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 401-D - Corporate Governance Annual Disclosure Act|Section 401-D:9 - Severability Clause.

    401-D:9 Severability Clause. –||If any provision of this chapter other than RSA 401-D: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 RSA 401-D:6, are severable.|||Source. 2016, 316:1, eff. Jan. 1, 2017.|
NH Rev Stat § 402:1 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:1 - Members' Liability.

    402:1 Members' Liability. –||Members of mutual insurance companies shall not be individually liable to pay any debts of their respective companies, beyond their liability to assessments for losses occurring therein, nor to such assessments beyond the amount of their deposit notes.|||Source. 1847, 501:1. CS 154:2. GS 158:1. GL 173:1. PS 168:1. PL 273:1. RL 323:1.|
NH Rev Stat § 402:3 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:3 - Assessment.

    402:3 Assessment. –||No person insured in such company, or in any class thereof, in which the amount insured is less than $50,000, shall be assessed any greater sum than he would be if that amount were insured; but the officers of the company shall be individually liable for the indebtedness of the company not provided for by such assessments.|||Source. 1858, 2082:2. GS 158:5. GL 173:5. PS 168:3. PL 273:3. RL 323:3.|
NH Rev Stat § 402:4 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:4 - Assessments on Closing Business.

    402:4 Assessments on Closing Business. –||No more than 30 percent above its actual indebtedness shall be assessed by any such company to close its affairs; and the officers and agents thereof shall not receive more than 20 percent of the money collected for their services in closing its business.|||Source. 1858, 2082:4. GS 158:6. GL 173:6. PS 168:4. PL 273:4. RL 323:4.|
NH Rev Stat § 402:5 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:5 - Territory.

    402:5 Territory. –||A mutual fire insurance company, organized under the laws of the state, may limit its operations within certain prescribed boundaries; and in such case it shall be barred from insuring property situated outside those boundaries.|||Source. 1850, 999:1. CS 154:1. GS 158:2. GL 173:2. PS 168:6. PL 273:5. RL 323:5.|
NH Rev Stat § 402:6 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:6 - Duties of Treasurer.

    402:6 Duties of Treasurer. –||The treasurer of every such company shall enter in books provided for the purpose a correct account of all assessments made, of all sums by him received and paid out for the company, and of all evidences of debt and other assets belonging to the company coming into his possession. He shall balance his accounts yearly, prior to the annual meeting, and shall report to the company, at that time, its financial standing as shown by the books. Any treasurer who neglects to comply with either of the provisions of this section shall be fined $25.|||Source. 1858, 2082:5. GS 158:3. GL 173:3. PS 168:7. PL 273:6. RL 323:6.|
NH Rev Stat § 402:7 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:7 - Terminating Risks.

    402:7 Terminating Risks. –||Any such company may terminate its policies by publishing a notice of the time when they will terminate, and by giving or mailing a like notice to each party insured, 30 days at least before the time fixed for such termination, and by tendering to the insured under each policy a ratable proportion of the premium.|||Source. 1858, 2082:3. GS 158:4. GL 173:4. PS 168:8. 1917, 30:3. PL 273:7. RL 323:7.|
NH Rev Stat § 402:8 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:8 - Dividends.

    402:8 Dividends. –||From time to time the directors of a mutual insurance company may, by vote, fix and determine the percentage of dividend or expiration return of premium to be paid on expiring policies, and may classify its risks as to dividends and assessments; but policies insuring risks in this state in the same classification shall have an equal rate of dividend and assessment.|||Source. 1855, 1662:2. GS 158:8. GL 173:8. PS 168:10. 1917, 30:5. PL 273:8. RL 323:8.|
NH Rev Stat § 402:9 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:9 - Dividend Notice to Policyholders.

    402:9 Dividend Notice to Policyholders. –||Every mutual and participating stock, fire, marine, fidelity, and casualty insurance company shall send a written dividend notice through its resident agent to all policyholders who have not renewed and who have not received their dividend as shown by the records of the company. Such notice shall be sent within 60 days of the expiration of the policy, and such notice should include receipt to be executed by the insured and shall state the amount of the dividend payable. The company shall cause payment of such dividend to be made within 10 days after receiving the dividend receipt properly executed and no policyholder shall be discriminated against because of the period of time for which insurance has been carried.|||Source. 1939, 104:1. RL 323:9.|
NH Rev Stat § 402:10 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:10 - Requirement.

    402:10 Requirement. –||No insurance company organized under the laws of this state shall do insurance business unless it has obtained a license from the insurance commissioner authorizing it to do so.|||Source. 1903, 18:1. PL 273:9. RL 323:10.|
NH Rev Stat § 402:11 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:11 - Information.

    402:11 Information. –||Before a license is granted to the company it shall file with the commissioner a certified copy of its charter and bylaws, a certificate giving the amount of capital paid in in cash, and a full statement, under oath of its president and secretary, showing its financial standing and condition in accordance with blanks furnished by the commissioner, and such other information in relation to its condition as may be required by the commissioner.|||Source. 1903, 18:2. PL 273:10. RL 323:11.|
NH Rev Stat § 402:11-a (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:11-a - Prohibitions.

    402:11-a Prohibitions. –||I. No insurer which is directly or indirectly owned or controlled in whole or in substantial part by any government or governmental agency shall be authorized to transact insurance in this state. Membership in a mutual insurer or subscribership in a reciprocal insurer or ownership of stock in an insurer by the alien property custodian or similar official of the United States or ownership of stock or other security which does not have voting rights with respect to the management of the insurer or supervision of an insurer by public authority shall not be deemed to be an ownership or control of the insurer for the purposes of this section.||II. The commissioner shall not grant or continue authority to transact insurance in this state as to any insurer or proposed insurer that management of which is found by the commissioner after investigation or upon reliable information to be incompetent or dishonest or untrustworthy or of unfavorable business repute or so lacking in insurance company managerial experience in operations of the kind proposed in this state as to make such operation, currently or prospectively, hazardous to or contrary to the best interests of, the insurance-buying or investing public of this state, or which the commissioner has good reason to believe is affiliated directly or indirectly through ownership, control, reinsurance transactions, or other business relations with any person or persons of unfavorable business repute or whose business operations are or have been marked, to the injury of insurers, stockholders, policyholders, creditors, or the public, by illegality, or by manipulation of assets or of accounts or of reinsurance or by bad faith.|||Source. 2008, 18:8, eff. July 11, 2008.|
NH Rev Stat § 402:12 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:12 - Licenses.

    402:12 Licenses. –||I. On compliance with the foregoing conditions and if the company is found upon examination made by or under the direction of the commissioner to (a) have complied with the laws of the state applicable to it; (b) have been consistent with the NAIC's Uniform Certificate of Authority Application process and standards; and (c) have complied with any other terms or documentation the commissioner may require, a license to transact the kind of business specified in the license shall be issued until June 14 thereafter. Annually thereafter, on June 14, such license may be renewed so long as the company shall comply with the requirements of the law and the commissioner shall regard it as safe, reliable, and entitled to confidence, so long as its application is consistent with the standards set forth by state law and NAIC guidelines and so long as the company continues to conduct a meaningful insurance business, as determined by the commissioner, within New Hampshire.||II. Every insurance company shall conduct its business in the legal name of the insurer as it appears on the insurer's application filed with the NAIC for a company code number. If an insurer is part of a group of affiliated insurers, the group name may appear in addition to the name of the individual insuring company, but the group name shall not be used in lieu of the legal name of the individual company.||(a) All insurance policies and contracts, and any endorsements or amendments separately issued and intended to be attached to such policies or contracts, shall identify the legal name, as set forth in paragraph II, of the insurer that is directly assuming the obligations under the policy or contract. Inclusion of the legal name of the insurer in a policy jacket, declaration, or other similar cover page issued with the policy, contract, or endorsement shall be deemed to be in compliance with this requirement.||(b) Identification of the insuring company on any advertisement or promotional materials shall be governed by the laws or rules related to advertisements, misrepresentations in sale of insurance, and misrepresentation in insurance transactions.|||Source. 1903, 18:2. 1917, 78:1. PL 273:11. 1939, 22:1. RL 323:12. RSA 402:12. 1973, 74:2. 1975, 229:1. 1977, 232:1. 1983, 371:2. 2009, 215:1, eff. Jan. 1, 2010. 2021, 207:2, Pt. VI, Sec. 1, eff. Oct. 9, 2021.|
NH Rev Stat § 402:13 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:13 - Stock Companies.

    402:13 Stock Companies. –||No such license shall be issued to a stock company unless in addition to its paid-up capital it shall have a surplus over all liabilities, consisting of money or other lawful assets, to an amount not less than 25 percent of its capital stock.|||Source. 1917, 78:2. PL 273:12. RL 323:13.|
NH Rev Stat § 402:14 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:14 - Mutual Companies.

    402:14 Mutual Companies. –||No such license shall be issued to a mutual insurance company which charges a full cash premium, unless it has applications for insurance aggregating not less than $500,000 in not less than 200 separate risks, upon which it shall have received in cash at least one premium for a term not less than one year, amounting in the aggregate to at least $10,000; provided, that this requirement shall not apply to a mutual insurance company having a fully paid up guaranty capital of not less than $500,000, nor to mutual life insurance companies, nor to mutual employers' liability insurance companies.|||Source. 1917, 78:2. PL 272:13. RL 323:14. RSA 402:14. 1969, 283:4, eff. June 25, 1969.|
NH Rev Stat § 402:14-a (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:14-a - New License Required for Changed Conditions.

    402:14-a New License Required for Changed Conditions. –||The commissioner shall require a company licensed under this chapter to apply for a new license in accordance with this chapter, if, after notifying the company and after holding a hearing if requested, the commissioner finds that the company has undergone a substantial change in finances or managerial control since its last application for a license. The current license shall expire upon approval of the new application of the company or 30 days after the decision of the commissioner that a substantial change has occurred, whichever is sooner.|||Source. 1975, 313:1, eff. Aug. 6, 1975.|
NH Rev Stat § 402:15 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:15 - Eligibility as Agent.

    402:15 Eligibility as Agent. –|| An insurance producer license to act as an agent shall be issued to any eligible person or business entity pursuant to the provisions of RSA 402-J.|||Source. 1933, 124:2. RL 323:16. RSA 402:15. 1969, 366:1. 2000, 315:9, eff. Jan. 1, 2001.|
NH Rev Stat § 402:15-a (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:15-a - Transactions Through Credit Card Facilities.

    402:15-a Transactions Through Credit Card Facilities. –||I. No person may knowingly solicit or negotiate any insurance, seek or accept applications for insurance, issue or deliver any policy to or for any insurer or relative to a subject of insurance resident, located or to be performed in this state, through the arrangement or facilities of a credit card facility or organization, for the purpose of insuring credit card holders or prospective credit card holders. Credit card holders as used in this section means any person who may pay the charge for purchases or other transactions through the credit card facility or organization, and whose credit with such facility or organization is evidenced by a credit card, identifying such person as being one whose charges the credit card facility or organization will pay, and who is identified as such upon the credit card either by name, account number, symbol, insignia, or any other method or device of identification.||I-a. Any premiums returned as a result of cancellation on any policy paid with a credit card, or financed through a credit card facility or organization, shall be paid directly to the credit card holder. The commissioner may issue rules for the proper administration of this paragraph pursuant to RSA 400-A:15.||II. Whenever any person does or performs in this state any of the acts set forth in the preceding paragraph I for or on behalf of any insurer therein referred to, such insurer shall be held to be doing business in this state and shall be subject to the same taxes, state, county and municipal, as insurers that have been legally qualified and admitted to do business in this state by agents or otherwise are subject, the same to be assessed and collected against such insurers; and such persons so doing or performing any of such acts shall be personally liable for all such taxes.||III. The provisions of this section shall not apply to group or individual policies of accident insurance written by insurance companies duly authorized to do business in this state. However, any individual policies of accident insurance must be placed through agents who are residents of this state and who are licensed to transact business in this state.|||Source. 1965, 288:1. 1973, 257:1. 1979, 448:2. 1981, 502:6. 1986, 194:1, eff. Aug. 2, 1986.|
NH Rev Stat § 402:15-b (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402 - Insurance Companies and Agents|Section 402:15-b - Direct Billing Restricted.

    402:15-b Direct Billing Restricted. –||No insurer authorized and licensed to issue policies of insurance other than life and accident and health insurance and to transact business in this state shall demand or make mandatory upon any agent so licensed in this state, any system of direct billing to the insured by the insurer unless such system shall be approved, accepted and endorsed by any such agent in writing, on a form prescribed by the commissioner. No insurer authorized and licensed to issue policies of insurance other than life and accident and health insurance and to transact business in this state shall cancel an agent's book of business with such insurer in its entirety or in part following an agent's decision not to accept a direct billing proposal advanced by the said insurer wherein such cancellation can be attributed to the agent's decision not to accept a system of direct billing to the insured.|||Source. 1975, 498:1, eff. June 24, 1975.|