INSURANCE REGULATION 103 - Licensing and Renewal Fees
230-RICR-20-50-5 INACTIVE RULE
| Title | 230 | Department of Business Regulation (includes the Office of the Health Insurance Commissioner) |
| Chapter | 20 | Insurance |
| Subchapter | 50 | Insurance producers and other non-insurer licensees |
| Part | 5 | INSURANCE REGULATION 103 - Licensing and Renewal Fees |
| Type of Filing | Amendment |
| Regulation Status | Inactive |
| Effective | 09/01/2008 to 09/14/2009 |
Regulation Authority:
R.I. Gen. Laws §§ 42-14-17 and 42-35-3, R.I. Gen. Laws § 27-2.4-1 et seq., R.I. Gen. Laws § 27-3-38, and R.I. Gen Laws § 27-3.2-1 et seq., R.I. Gen. Laws § 27-10-1 et seq., R.I. Gen. Laws § 27-10.1-1
Purpose and Reason:
The purpose of this regulation is to establish a fee schedule for the initial licensing and renewals of Insurance Producers, Insurance Claims Adjusters, Motor Vehicle Damage Appraisers, Surplus Line Brokers, Title Agents and Continuing Education Course Providers, Third Party Administrators and Reinsurance Intermediaries. The regulation also provides for the fees for as well as associated services and documents that the Commissioner has determined are reasonable licensing fees such as: letters of clearance, letters of certification, duplicate licenses, returned checks, amendments to licenses, processing of insurance producer license applications, approvals for continuing education course providers, continuing education tracking and reinstatement of an insurance producer license.and the requirements and fees for the Contracted Producer Reports filed by insurance companies.
