Insurance Regulation 67 - Market Conduct Record Retention and Production Model Regulation


230-RICR-20-60-4 INACTIVE RULE

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Title 230 Department of Business Regulation (includes the Office of the Health Insurance Commissioner)
Chapter 20 Insurance
Subchapter 60 Miscellaneous
Part 4 Insurance Regulation 67 - Market Conduct Record Retention and Production Model Regulation
Type of Filing Adoption
Regulation Status Inactive
Effective 11/08/2007 to 11/08/2007

Regulation Authority:

R.I.Gen.Laws § § 42-14-17, 42-35-2, 42-35-3

Purpose and Reason:

The Department of Business Regulation ("Department") hereby adopts Insurance Regulation 67 effective November 8, 2007 and makes this statement in accordance with R.I.Gen Laws § 42-35-2.3. The Department makes these amendments in order to adopt the most recent National Association of Insurance Commissioners model regulation for record retention for insurers doing business in Rhode Island. This Regulation supplants Insurance Bulletin 2002-17. There is one difference between the text of the proposed rule as published in accordance with R.I.Gen. Laws § 42-35-3 and the rule as adopted. Those differnces are: The title of the regulation is "Market Conduct Record Retention and Production." The word "Regulation" used in the proposed amendment and "Model Regulation" as used in the Notice of Proposed Amendment have been deleted.