Insurance Regulation 21 - Medical Malpractice Insurance


230-RICR-20-10-1 INACTIVE RULE

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Title 230 Department of Business Regulation (includes the Office of the Health Insurance Commissioner)
Chapter 20 Insurance
Subchapter 10 Medical Malpractice Insurance
Part 1 Insurance Regulation 21 - Medical Malpractice Insurance
Type of Filing Amendment
Regulation Status Inactive
Effective 03/17/2016 to 11/28/2017

Regulation Authority:

R.I. Gen. Laws 27-16-2.6, 42-14-2.3 and 42-14.1-1 and 2

Purpose and Reason:

The purpose of this amendment is to alter some of the requirements concerning the Stabilization Reserve Fund to allow for greater flexibility now that the funds are in the process of being paid back to policyholders and to allow licensed medical and dental professionals and licensed health care providers to obtain professional liability insurance from surplus lines carriers in addition to the current options of licensed carriers or self insurance.