reglab/housing_qa huggingface dataset:
RI Gen L § 27-12.3-3 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-12.3 - Property and Casualty Actuarial Opinion Law|Section 27-12.3-3 - Confidentiality.

§ 27-12.3-3. Confidentiality.(a) The statement of actuarial opinion shall be provided with the annual statement in accordance with the appropriate national association of insurance commissioners property and casualty annual statement instructions and shall be treated as a public document.(b) (1) Documents, materials or other information in the possession or control of the department of insurance that are considered an actuarial report, work papers or actuarial opinion summary provided in support of the opinion, and any other material provided by the company to the commissioner in connection with the actuarial report, work papers or actuarial opinion summary, shall be confidential by law and privileged, shall not be subject to the access to public records act Rhode Island general laws § 38-2-1 et seq., shall not be subject to subpoena, and shall not be subject to discovery or admissible in evidence in any private civil action.(2) This provision shall not be construed to limit the commissioner's authority to release the documents to the actuarial board for counseling and discipline (ABCD) so long as the material is required for the purpose of professional disciplinary proceedings and that the ABCD establishes procedures satisfactory to the commissioner for preserving the confidentiality of the documents, nor shall this section be construed to limit the commissioner's authority to use the documents, materials or other information in furtherance of any regulatory or legal action brought as part of the commissioner's official duties.(c) Neither the commissioner nor any person who received documents, materials or other information while acting under the authority of the commissioner shall be permitted or required to testify in any private civil action concerning any confidential documents, materials or information subject to subsection (b).(d) In order to assist in the performance of the commissioner's duties, the commissioner:(1) May share documents, materials or other information, including the confidential and privileged documents, materials or information subject to subsection (b) with other state, federal and international regulatory agencies, with the national association of insurance commissioners and its affiliates and subsidiaries, and with state, federal and international law enforcement authorities, provided that the recipient agrees to maintain the confidentiality and privileged status of the document, material or other information and has the legal authority to maintain confidentiality:(e) No waiver of any applicable privilege or claim of confidentiality in the documents, materials or information shall occur as a result of disclosure to the commissioner under this section or as a result of sharing as authorized in subsection (d).History of Section.P.L. 2008, ch. 28, § 1; P.L. 2008, ch. 31, § 1.
RI Gen L § 27-13-1 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-13 - Revocation and Suspension of License|Section 27-13-1 - Examination into affairs of company.

§ 27-13-1. Examination into affairs of company.The insurance commissioner, either personally or by a committee appointed by him or her consisting of one or more persons not directors, officers, or agents of any life, fire, marine, fire and marine, or casualty insurance company, doing business in this state, may at any time examine into the affairs of any life, fire, marine, fire and marine, casualty, or other insurance company, incorporated by or doing business in this state. The officers or agents of any insurance company shall exhibit its books to the insurance commissioner or committee, and facilitate its examination, and the insurance commissioner or the committee may examine, under oath, the officers and agents of any insurance company in relation to its affairs. The insurance commissioner shall, if he or she deems it advisable, publish the result of the investigation in one or more newspapers published in the state. The total cost of those examinations shall be borne by the examined companies and shall be one hundred fifty percent (150%) of the total salaries paid to the examining personnel of the banking and insurance division engaged in those examinations less any salary reimbursements and shall be paid to the insurance commissioner to and for the use of the state. That assessment shall be in addition to any taxes and fees payable to the state.History of Section.G.L. 1896, ch. 182, § 23; G.L. 1909, ch. 220, § 23; G.L. 1923, ch. 256, § 23; P.L. 1936, ch. 2343, § 1; G.L. 1938, ch. 151, § 23; impl. am. P.L. 1953, ch. 3174, § 5; G.L. 1956, § 27-13-1; P.L. 1960, ch. 71, art. 1, § 7; P.L. 1991, ch. 348, § 8.
RI Gen L § 27-13-2 - 27-13-5 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-13 - Revocation and Suspension of License|Section 27-13-2 - 27-13-5 - Repealed.

§ 27-13-2 — 27-13-5. Repealed.
RI Gen L § 27-13.1-1 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-13.1 - Examinations|Section 27-13.1-1 - Purpose.

§ 27-13.1-1. Purpose.The purpose of this chapter is to provide an effective and efficient system for examining the activities, operations, financial condition, and affairs of all persons transacting the business of insurance in this state and all persons otherwise subject to the jurisdiction of the director. The provisions of this chapter are intended to enable the director to adopt a flexible system of examinations that directs resources as may be deemed appropriate and necessary for the administration of the insurance and insurance related laws of this state.History of Section.P.L. 1992, ch. 445, § 1; P.L. 2009, ch. 301, § 1; P.L. 2009, ch. 302, § 1.
RI Gen L § 27-13.1-2 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-13.1 - Examinations|Section 27-13.1-2 - Definitions.

§ 27-13.1-2. Definitions.The following terms, as used in this chapter, shall have the respective meanings hereinafter set forth:(1) "Company" means a person engaging in or proposing or attempting to engage in any transaction or kind of insurance or surety business and any person or group of persons who may otherwise be subject to the administrative, regulatory or taxing authority of the director;(2) "Department" means the department of business regulation;(3) "Director" means the director of the department of business regulation of this state or his or her designee;(4) "Examiner" means an individual or firm having been authorized by the director to conduct an examination or financial analysis under this chapter;(5) "Insurer" means any insurance company doing business in this state; and(6) "Person" means an individual, aggregation of individuals, trust, association, partnership or corporation, or any affiliate thereof.History of Section.P.L. 1992, ch. 445, § 1; P.L. 2009, ch. 301, § 1; P.L. 2009, ch. 302, § 1.
RI Gen L § 27-13.1-3 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-13.1 - Examinations|Section 27-13.1-3 - Authority, scope, and scheduling of examinations.

§ 27-13.1-3. Authority, scope, and scheduling of examinations.(a) The director or any of his or her examiners may conduct an examination under this chapter of any company as often as the director in his or her sole discretion deems appropriate, but shall, at a minimum, conduct an examination of every insurer licensed in this state not less frequently than once every five (5) years. In scheduling and determining the nature, scope, and frequency of the examinations, the director shall consider such matters as the results of financial statement analyses and ratios, changes in management or ownership, actuarial opinions, reports of independent certified public accountants, and other criteria as set forth in the Financial Condition Examiners' Handbook adopted by the National Association of Insurance Commissioners and in effect when the director exercises discretion under this section.(b) For purposes of completing an examination of a company under this chapter, the director may examine or investigate any person, or the business of any person, in so far as the examination or investigation is, in the sole discretion of the director, necessary or material to the examination of the company.(c) In lieu of an examination under this chapter of a foreign or alien insurer licensed in this state, the director may accept an examination report on the company as prepared by the insurance department for the company's state of domicile or port of entry state only if:(1) The insurance department was at the time of the examination accredited under the National Association of Insurance Commissioners' financial regulation standards and accreditation program; or(2) The examination is performed under the supervision of an accredited insurance department or with the participation of one or more examiners who are employed by an accredited state insurance department and who, after a review of the examination work papers and report, state under oath that the examination was performed in a manner consistent with the standards and procedures required by their insurance department.History of Section.P.L. 1992, ch. 445, § 1; P.L. 2002, ch. 292, § 29; P.L. 2009, ch. 301, § 1; P.L. 2009, ch. 302, § 1.
RI Gen L § 27-13.1-3.1 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-13.1 - Examinations|Section 27-13.1-3.1 - Authority, scope and scheduling of financial analysis.

§ 27-13.1-3.1. Authority, scope and scheduling of financial analysis.(a) The director and any of his or her examiners may conduct annual and quarterly financial analysis under this chapter of each company licensed in this state. All authority granted in conducting an examination under this chapter shall apply to the conduct of a financial analysis of a company except that a warrant is not required and the financial analysis will be conducted based on guidelines and procedures set forth in the Financial Analysis Handbook as adopted by the National Association of Insurance Commissioners. The director may also employ any other guidelines or procedures as the director may deem appropriate.(b) The financial analysis of a company is a continuous process utilized primarily for monitoring the financial strength of a company and therefore a final report is not required, however, where there are significant financial concerns a financial examination under this chapter will be conducted and an examination report will be issued in accordance with § 27-13.1-5.(c) All correspondence, emails, memorandums and other documentation used in the financial analysis process are considered to be confidential financial analysis workpapers in accordance with § 27-13.1-5(f).(d) The total cost of the financial analysis shall be borne by the company as set forth in § 27-13.1-7.History of Section.P.L. 2009, ch. 301, § 2; P.L. 2009, ch. 302, § 2.
RI Gen L § 27-13.1-6 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-13.1 - Examinations|Section 27-13.1-6 - Conflict of interest.

§ 27-13.1-6. Conflict of interest.(a) An examiner may not be appointed by the director if the examiner, either directly or indirectly, has a conflict of interest or is affiliated with the management of or owns a pecuniary interest in any person subject to examination under this chapter. This section shall not be construed to automatically preclude an examiner from being:(1) A policyholder or claimant under an insurance policy;(2) A grantor of a mortgage or similar instrument on the examiner's residence to a regulated entity if done under customary terms and in the ordinary course of business;(3) An investment owner in shares of regulated diversified investment companies; or(4) A settlor or beneficiary of a "blind trust" into which any otherwise impermissible holdings have been placed.(b) Notwithstanding the requirements of this section, the director may retain from time to time on an individual basis, qualified actuaries, certified public accountants, or other similar individuals who are independently practicing their professions, even though these persons may from time to time be similarly employed or retained by persons subject to examination under this chapter.History of Section.P.L. 1992, ch. 445, § 1; P.L. 2009, ch. 301, § 1; P.L. 2009, ch. 302, § 1.
RI Gen L § 27-13.1-7 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-13.1 - Examinations|Section 27-13.1-7 - Cost of examinations.

§ 27-13.1-7. Cost of examinations.(a) The total cost of the examinations shall be borne by the examined companies and shall include the following expenses:(1) One hundred fifty percent (150%) of the total salaries and benefits paid to the examining personnel of the banking and insurance division engaged in those examinations less any salary reimbursements;(2) All reasonable technology costs related to the examination process. Technology costs shall include the actual cost of software and hardware utilized in the examination process and the cost of training examination personnel in the proper use of the software or hardware;(3) All necessary and reasonable education and training costs incurred by the state to maintain the proficiency and competence of the examining personnel. All these costs shall be incurred in accordance with appropriate state of Rhode Island regulations, guidelines and procedures.(b) Expenses incurred pursuant to subsections (a)(2) and (a)(3) of this section shall be allocated equally to each company domiciled in Rhode Island no more frequently than annually and shall not exceed an annual average assessment of three thousand five hundred dollars ($3,500) per company for any given three (3) calendar year period. All revenues collected pursuant to this section shall be deposited as general revenues. That assessment shall be in addition to any taxes and fees payable to the state.History of Section.P.L. 1992, ch. 445, § 1; P.L. 1995, ch. 370, art. 40, § 86; P.L. 2001, ch. 122, § 8.
RI Gen L § 27-13.1-8 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-13.1 - Examinations|Section 27-13.1-8 - Immunity from liability.

§ 27-13.1-8. Immunity from liability.(a) No cause of action shall arise nor shall any liability be imposed against the director, the directors authorized representatives or an examiner appointed by the director for any statements made or conduct performed in good faith while carrying out the provisions of this chapter.(b) No cause of action shall arise, nor shall any liability be imposed against any person for the act of communicating or delivering information or data to the director or the director's authorized representative or examiner pursuant to an examination made under this chapter, if the act of communication or delivery was performed in good faith and without fraudulent intent or the intent to deceive.(c) This section does not abrogate or modify in any way any common law or statutory privilege or immunity heretofore enjoyed by any person identified in subsection (a) herein.(d) A person identified in subsection (a) herein shall be entitled to an award of attorney's fees and costs if he or she is the prevailing party in a civil cause of action for libel, slander or any other relevant tort arising out of activities in carrying out the provisions of this chapter and the party bringing the action was not substantially justified in doing so. For purposes of this section a proceeding is "substantially justified" if it has a reasonable basis in law or fact at the time that it was initiated.History of Section.P.L. 2009, ch. 301, § 2; P.L. 2009, ch. 302, § 2.
RI Gen L § 27-14-1 - 27-14-23 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14 - Uniform Insurers Liquidation Act|Section 27-14-1 - 27-14-23 - Repealed.

§ 27-14-1 — 27-14-23. Repealed.
RI Gen L § 27-14.1-1 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.1 - Administrative Supervision|Section 27-14.1-1 - Definitions.

§ 27-14.1-1. Definitions.As used in this chapter:(1) "Consent" means agreement to administrative supervision by the insurer;(2) "Exceeded its powers" means the following conditions:(i) The insurer has refused to permit examination of its books, papers, accounts, records, or affairs by the commissioner, his or her deputies, employees or duly commissioned examiners;(ii) A domestic insurer has unlawfully removed from this state books, papers, accounts, or records necessary for an examination of the insurer;(iii) The insurer has failed to promptly comply with the applicable financial reporting statutes or rules and departmental requests relating thereto;(iv) The insurer has neglected or refused to observe an order of the commissioner to make good, within the time prescribed by law, any prohibited deficiency in its capital, capital stock or surplus;(v) The insurer is continuing to transact insurance or write business after its license has been revoked or suspended by the commissioner;(vi) The insurer, by contract or otherwise, has unlawfully or has in violation of an order of the commissioner or has without first having obtained written approval of the commissioner if approval is required by law:(A) Totally reinsured its entire outstanding business; or(B) Merged or consolidated substantially its entire property or business with another insurer;(vii) The insurer engaged in any transaction in which it is not authorized to engage under the laws of this state; or(viii) The insurer refused to comply with a lawful order of the commissioner;(3) "Insurer" means and includes every person engaged as indemnitor, surety or contractor in the business of entering into contracts of insurance or of annuities as limited to:(i) Any insurer who is doing an insurer business, or has transacted insurance in this state, and against whom claims arising from that transaction may exist now or in the future; and(ii) Any fraternal benefit society which is subject to the provisions of this title; and(iii) Any insurer writing "mono line business" which means any insurer, which deals exclusively in surety bonding.History of Section.P.L. 1991, ch. 348, § 1; P.L. 2011, ch. 157, § 1; P.L. 2011, ch. 275, § 1.
RI Gen L § 27-14.1-2 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.1 - Administrative Supervision|Section 27-14.1-2 - Applicability.

§ 27-14.1-2. Applicability.The provisions of this chapter apply to:(1) All domestic insurers, including a protected cell company organized under the Protected Cell Companies Act, chapter 64 of this title, and any of its protected cells established pursuant to that chapter, to the extent not inconsistent with the provisions of that chapter; and(2) Any other insurer doing business in this state whose state of domicile has asked the commissioner to apply the provisions of this chapter as regards that insurer.History of Section.P.L. 1991, ch. 348, § 1; P.L. 1999, ch. 22, § 4.
RI Gen L § 27-14.1-3 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.1 - Administrative Supervision|Section 27-14.1-3 - Notice to comply with written requirements of commissioner - Noncompliance - Administrative supervision.

§ 27-14.1-3. Notice to comply with written requirements of commissioner — Noncompliance — Administrative supervision.(a) An insurer may be subject to administrative supervision by the commissioner if upon examination or at any other time it appears in the commissioner's discretion that:(1) The insurer's condition renders the continuance of its business hazardous to the public or to its insured;(2) The insurer appears to have exceeded its powers granted under its certificate of authority and applicable law;(3) The insurer has failed to comply with the applicable provisions of the insurance code;(4) The business of the insurer is being conducted fraudulently; or(5) The insurer gives its consent.(b) If the commissioner determines that the conditions set forth in subsection (a) of this section exist, the commissioner shall:(1) Notify the insurer of his or her determination;(2) Furnish to the insurer a written list of the requirements to abate this determination; and(3) Notify the insurer that it is under the supervision of the commissioner and that the commissioner is applying and effectuating the provisions of this chapter. The action by the commissioner shall be subject to review pursuant to the Administrative Procedures Act, chapter 35 of title 42.(c) If placed under administrative supervision, the insurer shall have sixty (60) days, or another period of time as designated by the commissioner, to comply with the requirements of the commissioner subject to the provisions of this chapter.(d) If it is determined after notice and hearing that the conditions giving rise to the supervision still exist at the end of the supervision period specified in subsection (c) of this section, the commissioner may extend the period.(e) If it is determined that none of the conditions giving rise to the supervision exist, the commissioner shall release the insurer from supervision.History of Section.P.L. 1991, ch. 348, § 1; P.L. 2011, ch. 157, § 1; P.L. 2011, ch. 275, § 1.
RI Gen L § 27-14.1-4 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.1 - Administrative Supervision|Section 27-14.1-4 - Confidentiality of certain proceedings and records.

§ 27-14.1-4. Confidentiality of certain proceedings and records.(a) Notwithstanding any other provision of law and except as set forth in this section, proceedings, hearings, notices, correspondence, reports, records, and other information in the possession of the commissioner or the department of business regulation relating to the supervision of any insurer are confidential except as provided by this section.(b) The personnel of the department of business regulation shall have access to these proceedings, hearings, notices, correspondence, reports, records, or information as permitted by the commissioner.(c) The commissioner may open the proceedings or hearings or disclose the notices, correspondence, reports, records, or information to a department, agency, or instrumentality of this or another state of the United States if the commissioner determines that the disclosure is necessary or proper for the enforcement of the laws of this or another state of the United States.(d) The commissioner may open the proceedings or hearings or make public the notices, correspondence, reports, records, or other information if the commissioner deems that it is in the best interest of the public or in the best interest of the insurer, its insureds, creditors, or the general public.(e) This section does not apply to hearings, notices, correspondence, reports, records, or other information obtained upon the appointment of a receiver for the insurer by a court of competent jurisdiction.History of Section.P.L. 1991, ch. 348, § 1; P.L. 2011, ch. 157, § 1; P.L. 2011, ch. 275, § 1.