Rhode Island Statutes

§ 27-9-4 — § 27-9-4. Considerations in making of rates — Cancellation of policy. [Effective until January 1, 2026.]

Rhode Island § 27-9-4
JurisdictionRhode Island
Title 27Insurance
Ch. 27-9Casualty Insurance Rating

This text of Rhode Island § 27-9-4 (§ 27-9-4. Considerations in making of rates — Cancellation of policy. [Effective until January 1, 2026.]) 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 § 27-9-4 (2026).

Text

§ 27-9-4. Considerations in making of rates — Cancellation of policy. [Effective until January 1, 2026.]

(a) All rates shall be made in accordance with the following provisions:

(1)(i) Due consideration shall be given to past and prospective loss experience within and outside this state, to catastrophe hazards, if any, to a reasonable margin for underwriting profit and contingencies, to dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members, or subscribers, to past and prospective expenses both countrywide and those specially applicable to this

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Related

Medical Malpractice Joint Underwriting Ass'n v. Paradis
756 F. Supp. 669 (D. Rhode Island, 1991)
10 case citations

Legislative History

P.L. 1948, ch. 2089, § 3; G.L. 1956, § 27-9-4; P.L. 1980, ch. 130, § 1; P.L. 1984, ch. 72, § 1; P.L. 1989, ch. 199, § 1; P.L. 1989, ch. 416, § 1; P.L. 1989, ch. 517, § 1; P.L. 1990, ch. 481, § 1; P.L. 1993, ch. 125, § 1; P.L. 1993, ch. 333, § 1; P.L. 1994, ch. 110, § 1; P.L. 1995, ch. 237, § 1; P.L. 1996, ch. 344, § 1; P.L. 1996, ch. 406, § 1; P.L. 2002, ch. 208, § 1; P.L. 2002, ch. 409, § 1; P.L. 2005, ch. 434, § 1; P.L. 2009, ch. 58, § 1; P.L. 2009, ch. 78, § 1; P.L. 2017, ch. 196, § 2; P.L. 2017, ch. 322, § 2; P.L. 2018, ch. 346, § 19; P.L. 2019, ch. 183, § 1; P.L. 2019, ch. 208, § 1; P.L. 2024, ch. 39, § 1, effective January 1, 2025; P.L. 2024, ch. 40, § 1, effective January 1, 2025.

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Rhode Island § 27-9-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/27-9-4.