Insurance Regulation 25


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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 3 Insurance Regulation 25 - Automobile Insurance Rating
Type of Filing Amendment
Regulation Status Inactive View Active Rule
Effective 05/09/2005 to 01/11/2006

Regulation Authority :

R.I. Gen. Laws Sections 27-9-1 et seq., 31-47-18 and 42-14-17

Purpose and Reason :

The Proposed Amended Regulation adds the requirements of R.I. Gen. Laws §§ 27-9-4, 5.1 and 45-19-17 to the Regulation, provides definitions of Chargeable Accident, Insurance Commissioner, Insurance Score, Merit Rating Plan and Moving Violation, clarifies the additive and reductive amounts under the Merit Rating Plan, clarifies the manner in which premium surcharges may be utilized with tiering, clarifies that an insureds premium may not be increased due to age if the insured is sixty-five (65) or older per R.I. Gen. Laws § 27-9-4(a)(5), clarifies that permitted premium increases may only be instituted at renewal, adds the exceptions to Chargeable Accident from R.I. Gen. Laws § 27-9-4, adds a section on use of Insurance Scores in rating, adds a “Severability” section 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.

There are no electronic rulemaking documents for rules filed prior to August 14, 2018. For rulemaking documents for rules filed prior to this date, please contact the appropriate agency's Rules Coordinator.