New Hampshire § 401:1-a Purposes;  Miscellaneous Insurance

New Hampshire Statutes

§ 401:1-a — Purposes; Miscellaneous Insurance

New Hampshire § 401:1-a

Title XXXVIIINSURANCE

Ch. 401INCORPORATION AND POWERS OF INSURANCE COMPANIES

This text of New Hampshire § 401:1-a (Purposes; Miscellaneous Insurance) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 401:1-a (2026).

Text

I.Any corporation formed or authorized for the purpose of conducting one or more of the kinds of insurance found in RSA 401:1, or licensed or authorized pursuant to RSA 405, shall be permitted to conduct other kinds of insurance not enumerated in RSA 401:1 as the commissioner may permit by rule pursuant to paragraph II below.

II.If the commissioner determines that there exists a kind of insurance which is not enumerated in RSA 401:1 and such kind of insurance is properly the subject of insurance, and is in the public interest, the commissioner may by rule adopted under RSA 541-A permit corporations to conduct said kind or kinds of insurance as miscellaneous insurance. Corporations may conduct miscellaneous insurance in combination with one or more other kinds of insurance specified in RS

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I. Any corporation formed or authorized for the purpose of conducting one or more of the kinds of insurance found in RSA 401:1, or licensed or authorized pursuant to RSA 405, shall be permitted to conduct other kinds of insurance not enumerated in RSA 401:1 as the commissioner may permit by rule pursuant to paragraph II below.
II. If the commissioner determines that there exists a kind of insurance which is not enumerated in RSA 401:1 and such kind of insurance is properly the subject of insurance, and is in the public interest, the commissioner may by rule adopted under RSA 541-A permit corporations to conduct said kind or kinds of insurance as miscellaneous insurance. Corporations may conduct miscellaneous insurance in combination with one or more other kinds of insurance specified in RSA 401:1 as permitted by the commissioner. However, no corporation shall conduct a kind of miscellaneous insurance unless that kind of miscellaneous insurance has been specifically permitted by the commissioner.
III. An insurance company or other insurer need not have its physical license or authorization amended to permit it to write a kind of miscellaneous insurance provided the company or other insurer has been notified by the commissioner of a decision made pursuant to paragraph II.