Insurance Regulation 16


There is no interactive regulation text for this version of this Part. Use the "Regulation" tab to view the text of this Part.
Title 230 Department of Business Regulation (includes the Office of the Health Insurance Commissioner)
Chapter 20 Insurance
Subchapter 05 Personal Lines - Automobile and Homeowners Insurance
Part 2 Insurance Regulation 16
Type of Filing Amendment
Regulation Status Inactive
Effective 05/09/2005 to 01/11/2006

Regulation Authority:

R.I. Gen. Laws Sections 27-8-11, 27-9-1 et seq. and 42-14-17

Purpose and Reason:

The Proposed Amended Regulation clarifies the definition of Chargeable Loss Occurrence and adds definitions for Insurance Score and Non-Chargeable Loss Occurrence, clarifies the use of Insurance Scores based upon credit in accordance with R.I. Gen. Laws § 27-9-56, clarifies and adds requirements for notice to insureds of eligibility for the Rhode Island Automobile Insurance Plan, clarifies that the statement of financial security shall comply with the statute and clarifies that forms previously approved are ineffective unless compliant with the changes to the Regulation. The remainder of the changes are to grammar and form.