Rhode Island § 27-34-15 § 27-34-15. Recoupment of assessments.

Rhode Island Statutes

§ 27-34-15 — § 27-34-15. Recoupment of assessments.

Rhode Island § 27-34-15

Title 27Insurance

Ch. 27-34Rhode Island Property and Casualty Insurance Guaranty Association

This text of Rhode Island § 27-34-15 (§ 27-34-15. Recoupment of assessments.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 27-34-15 (2026).

Text

§ 27-34-15. Recoupment of assessments.
The rates and premiums charged for insurance policies to which this section 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. Rates shall not be deemed excessive because they contain an amount
            reasonably calculated to recoup assessments paid by the member insurer.
         

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§ 27-34-15. Recoupment of assessments.

The rates and premiums charged for insurance policies to which this section 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. Rates shall not be deemed excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.