New Hampshire Statutes
§ 404-B:16 — Recognition of Assessments in Rates
The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the association by the member insurer less any amounts returned to the member insurer by the association and such rates shall not be deemed excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.
Free access — add to your briefcase to read the full text and ask questions with AI
New Hampshire § 404-B:16 (Recognition of Assessments in Rates) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
1970, 37:3, eff. May 4, 1970.
Nearby Sections
15
§ 404-B:1
Title§ 404-B:10
Duties and Powers of the Commissioner§ 404-B:11
Effect of Paid Claims§ 404-B:12
Nonduplication of Recovery§ 404-B:13
Prevention of Insolvencies§ 404-B:14
Examination of the Association§ 404-B:15
Tax Exemption§ 404-B:16
Recognition of Assessments in Rates§ 404-B:17
Immunity§ 404-B:2
Purpose§ 404-B:3
Scope§ 404-B:4
Construction§ 404-B:5
Definitions§ 404-B:6
Creation of the Association