Rhode Island § 27-6-24 § 27-6-24. Admission of and services to subscribers.

Rhode Island Statutes

§ 27-6-24 — § 27-6-24. Admission of and services to subscribers.

Rhode Island § 27-6-24

Title 27Insurance

Ch. 27-6Fire and Marine Insurance Rating

This text of Rhode Island § 27-6-24 (§ 27-6-24. Admission of and services to subscribers.) 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 § 27-6-24 (2026).

Text

§ 27-6-24. Admission of and services to subscribers.
Subject to rules and regulations that have been approved by the commissioner as reasonable,
            each rating organization shall permit any insurer, not a member, to be a subscriber
            to its rating services for any kind of insurance, or subdivision or class of risk
            or a part or combination of it, for which it is authorized to act as a rating organization.
            Notice of proposed changes in the rules and regulations shall be given to subscribers.
            Each rating organization shall furnish its rating services without discrimination
            to its members and subscribers. The reasonableness of any rule or regulation in its
 

Free access — add to your briefcase to read the full text and ask questions with AI

§ 27-6-24. Admission of and services to subscribers.

Subject to rules and regulations that have been approved by the commissioner as reasonable, each rating organization shall permit any insurer, not a member, to be a subscriber to its rating services for any kind of insurance, or subdivision or class of risk or a part or combination of it, for which it is authorized to act as a rating organization. Notice of proposed changes in the rules and regulations shall be given to subscribers. Each rating organization shall furnish its rating services without discrimination to its members and subscribers. The reasonableness of any rule or regulation in its application to subscribers, or the refusal of any rating organization to admit an insurer as a subscriber, shall, at the request of any subscriber or any affected insurer, be reviewed by the commissioner at a hearing held upon at least ten (10) days' written notice to the rating organization and to the subscriber or insurer. If the commissioner finds that the rule or regulation is unreasonable in its application to subscribers, the commissioner shall order that the rule or regulation shall not be applicable to subscribers. If the rating organization fails to grant or reject an insurer's application for subscribership within thirty (30) days after it was made, the insurer may request a review by the commissioner as if the application had been rejected. If the commissioner finds that the insurer has been refused admittance to the rating organization as a subscriber without justification, the commissioner shall order the rating organization to admit the insurer as a subscriber. If the commissioner finds that the action of the rating organization was justified, the commissioner shall make an order affirming its action.