Rhode Island Statutes

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

Rhode Island·Title 27 Insurance·Ch. 27-9 Casualty Insurance Rating

§ 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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Rhode Island § 27-9-4 (§ 27-9-4. Considerations in making of rates — Cancellation of policy. [Effective until January 1, 2026.]) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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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